Detroit Deputy Mayor Melia Howard, members of Detroit City Council and Detroit developer Charles Dickerson III cut the ribbon today on a new multi-family affordable housing development in Detroit’s North End. “The Beauton,” a $7.3 million mixed use building will bring another 29 units of brand-new affordable housing to Detroit.    

Detroit Mayor Mike Duggan joined with city housing officials and representatives from KeyBank to announce the latest donation to the Detroit Housing for the Future Fund. The KeyBank contribution is the second-largest committed so far to the fund that aims to preserve 10,000 units of existing affordable housing in Detroit and to develop another 2,000 units.

Mayor Mike Duggan and PNC Bank announced today the bank’s $7.5 million commitment to creating and preserving affordable housing across the city through a major investment in the Detroit Housing for the Future Fund (DHFF).

The West Boston Apartments, located at 3220 W. Boston, just west of Detroit’s Boston-Edison neighborhood, have 27 apartments divided among 18 one-bedroom and nine two-bedroom units with Section 8 HAP contracts, which will be renewed in 2021.

CNBC’s Diana Olick takes a look at how some builders in Detroit are fighting bigotry while building the city’s next chapter.

The N’Namdi Holdings and URGE Development Group project, which is a part of a vision the Black developers have for the West End Gallery District featuring retail, restaurants, housing and galleries, is the first to receive funds from the $48 million Detroit Housing for the Future Fund that assists in the creation of affordable housing in the city’s neighborhoods.... 

An effort to add and preserve affordable housing in Detroit got a $10 million boost Wednesday, one of its largest commitments since the fund launched last year, officials said.

The real estate sector has a history of exclusionary employment practices and underrepresentation of Black and Brown professionals.

Mayor Mike Duggan, City Council President Mary Sheffield, and Councilmember Scott Benson joined Local Initiatives Support Corporation Detroit (LISC Detroit) and developer Minyon Properties today to kick off renovations on 30 deeply affordable apartments in Detroit’s Farwell neighborhood in District 3 that will see their homes get full makeovers and the affordability extended for at least the next 14 years.

Mayor Mike Duggan and Council President Mary Sheffield joined Detroit Local Initiatives Support Corporation (LISC), developers and the community today to officially open The Charlotte, the first project to be completed under the Detroit Housing for the Future Fund (DHFF), a LISC managed private investment fund aimed at increasing access to and availability of affordable housing in Detroit.

Mayor Mike Duggan and Council President Mary Sheffield joined Detroit Local Initiatives Support Corporation (LISC), developers and the community today to officially open The Charlotte, the first project to be completed under the Detroit Housing for the Future Fund (DHFF), a LISC managed private investment fund aimed at increasing access to and availability of affordable housing in Detroit.

Local Initiatives Support Corporation’s Detroit office (LISC Detroit) and developer Hazelwood Partners LLC announced today that renovation has begun on two historic buildings in Detroit’s Piety Hill neighborhood that will bring 87 units of new affordable housing to the city.

Developers Matt Naimi and Oren Goldenberg are featured in Crain's Detroit Business about the newest mixed-use housing project in Detroit's Elijah McCoy neighborhood, the Dreamtroit.

A revamped affordable housing complex is in the works thanks to Lewis Holdings Development! The Detroit-based real estate company is renovating a 10-unit apartment complex at 1403 Junction Ave.

Local Initiatives Support Corporation’s Detroit office (LISC Detroit) and Detroit developer Bobby Lewis announced today that renovations are underway on 1403 Junction in Southwest Detroit, preserving another 10 units of affordable housing in the city, thanks to support from the Detroit Housing for the Future Fund (DHFF).

LISC Detroit, Invest Detroit, and Detroit developer Edward Carrington announce a new construction project creating 18 apartments that will be guaranteed at affordable rates for the next 25 years.

The $7.3 million ground-up project was made possible by funding from several sources, including a $1.55M loan from the Detroit Housing for the Future Fund (DHFF).

An article in Fortune highlights a $200 million investment from JPMorgan Chase to support small business and local community development funds.

Mayor Mike Duggan and The Community Builders, along with City, State and Federal officials, joined funders and Corktown residents today to break ground on Preserve on Ash I, bringing more affordable housing to one of the city’s fastest growing neighborhoods.  

Dreamtroit, a $30 million redevelopment project transforming a historic auto plant into a vibrant mixed-use community space, is now officially open in Detroit.