A new coalition, chaired by billionaire Dan Gilbert and supported by Mayor Mary Sheffield, is offering financial incentives and marketing the city in order to grow its population.
Why it matters: After decades of steep population loss, Detroit is gaining residents again.
- Civic leaders want to build on that momentum to fill out the city with interested newcomers while retaining current residents considering leaving.
State of play: The nonprofit Move Detroit Coalition has signed on dozens of partners, including local companies, nonprofits and universities. It is launching several programs:
💰 “Make Detroit Home“ is offering $500,000 in total financial assistance to 313 applicants who want to stay or move into the city. It’ll help with business creation, down payments, home renovations or relocation costs…