Detroit Development Fund

United States
Jonesboro, Indiana, United States, 48226

Company profile

Detroit Development Fund company profile

Detroit Development Fund is a non-profit (501(c)(3)) organization and a certified community development financial institution, incorporated in the state of Michigan. Detroit Development Fund was created in 1998 with an initial mission of helping revitalize an economically distressed target area in Detroit’s far East side neighborhoods. It now operates throughout the City of Detroit. Detroit Development Fund provides loans and technical assistance to small business owners, developers, building owners, contractors, and subcontractors who cannot get all of the capital they need from traditional financing sources. It delivers its products and services with the goals of revitalizing businesses and neighborhoods in Detroit, Michigan, creating economic equity, and promoting a healthy environment.

Business identity

Phone number
(313) 784-9547
Operating status
Active
Company type
Non Profit
Employee range
1-10 employees
Revenue range
$0-$1M
Founded
1996-01-01, Year

Headquarters

Postal code
48226
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding rounds
2
Last funding
Grant / 2023-06-22
Investors
2
Lead investors
2
Articles
15

Categories and groups

Founders and investors

Lead investors

Community Development Financial Institutions FundNew Economy Initiative

Investors

Community Development Financial Institutions FundNew Economy Initiative