DEGC’s $14.5 Million Grant Catalyzes Major Developments in Detroit’s Revitalization Effort

A groundbreaking chapter unfolds in Detroit’s history as the Detroit Economic Growth Corporation (DEGC) announces receiving a $14.5 million grant from the Michigan Economic Development Corporation (MEDC). This significant funding, part of the ambitious Revitalization and Placemaking (RAP) 2.0 program, marks a pivotal step towards rejuvenating key neighborhoods in Detroit. With a total investment exceeding $255 million, the grant will energize five major mixed-use development projects, each a beacon of potential and progress. The stage for this announcement was aptly set at the Jefferson Intermediate School, symbolizing one of the key sites of transformation. In a compelling address, DEGC’s COO and Executive Vice President Kenyetta Hairston-Bridges highlighted the grant’s significance: “The RAP grant activates strategic Detroit developments to advance inclusive growth brick by brick,” she proclaimed. Hairston-Bridges further detailed the grant’s role in creating impactful housing, jobs, and services, vital for the upliftment of Detroiters. Echoing this sentiment, Mayor Mike Duggan expressed his profound appreciation: “We are deeply appreciative to the MEDC for this generous grant to move these important neighborhood development projects forward, and to the DEGC for making sure Detroit developers have the support they need.” He emphasized the transformative potential of the projects, envisioning the conversion of...