Currently, Detroit’s low-density commercial corridors are not meeting their potential to be high-quality districts that drive local business success. Detroit’s Woodward Corridor Initiative (WCI) is one of the efforts working to “redensify” Detroit’s urban core by improving safety, schools, employment and small business opportunities. Specifically, WCI is encouraging anchor institutions to “live local, hire local, and buy local” and fostering land use planning, transit corridor development and neighborhood revitalization designed to secure direct benefits for residents while attracting new investment.
Additionally, Southwest Housing Solutions, a leading provider of human services, and housing and economic development in Detroit, has leveraging funds from Living Cities Catalyst Fund to purchase a four-story historic building on Michigan Avenue to provide low-income community residents with access to a one-stop shop for primary medical care and counseling services.
Living Cities continues to work with partners in Detroit to deploy blended capital solutions that improve outcomes for the city’s low-income residents and communities of color.