News Release

ECLF makes major commitment to Detroit neighborhood

A $3 million investment in Loan Fund catalyzes a 10-year Enterprise commitment to the equitable revitalization of Detroit’s Jefferson-Chalmers neighborhood. The support comes from The Kresge Foundation through its new Kresge Community Finance initiative.
Blog Post

Kresge Investment Supports Our Efforts to Accelerate Jefferson-Chalmers Revitalization

Enterprise Community Loan Fund is making a 10-year commitment to accelerate and expand the revitalization of Jefferson-Chalmers. Our commitment is seeded by The Kresge Foundation, which just announced a $3 million investment in this vital work as part of the first round of its new Kresge Community Finance initiative. In the coming years, Loan Fund will continue to engage socially-motivated community members and businesses to collectively invest in the equitable revitalization of this community.