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Capital Impact Partners

Detroit faces tough odds. Since 2000, the city has experienced a drastic drop in population. Thousands of abandoned homes and vacant lots create a desolate urban landscape in an area where the average home value is well below the state’s average. And residents, disproportionately low-to-moderate income, confront a 20% unemployment rate. Yet in this seemingly hopeless situation, Capital Impact sees tremendous opportunity, and it is working to revitalize the city that at one time embodied the American dream.

+ Read More About Capital Impact Partners

Year: 
2013
Website: 
http://www.capitalimpact.org
Weight: 
1