JPMorgan Chase, Ford Foundation and Kresge Foundation Back Development in Detroit's North End and Grandmont-Rosedale Neighborhoods
Develop Detroit will build or rehab or build 70 new homes in the North End and Grandmont-Rosedale neighborhoods.
It is the first project of this type for the nonprofit real estate developer and is the first scaled, for-sale, new construction in the North End in decades. Homes built in Grandmont-Rosedale will be in partnership with the Grandmont Rosedale Development Corporation.
Develop Detroit’s work to build housing that is affordable and dynamic is aligned with the city’s goal to build one Detroit for all of us,” says Arthur Jemison, director of housing and revitalization for the City of Detroit....