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Pathways to Developing Affordable Housing in Detroit: Perspectives from the Community Development Investment Roundtable
Abstract: Last summer, the Federal Reserve Bank of Chicago hosted the Community Development Investment Roundtable in Detroit, Michigan. Almost 50 community investment leaders from government (at the city, county, and state levels), philanthropy, banking, and business, as well as community development financial intermediaries, gathered at this event to share insights and develop strategies to deliver greater investment in Detroit’s economically marginalized communities. Informed by presentations on the housing market and community development conditions in Detroit, participants worked together to come up with or improve on solutions that advance housing development in communities of people with low and moderate incomes (LMI communities) across the city. As efforts emerging from the event continue to evolve, we summarize the discussion and key points raised by the roundtable participants.
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Provider: Federal Reserve Bank of Chicago
Publication Date: 2025-03