Gilbert Foundation Donates $15M To Revitalize 10 Detroit Neighborhoods

DETROIT — The Gilbert Family Foundation announced Thursday it's investing $15 million into ten Detroit neighborhoods.

The investment starts the third phase of Detroit's Strategic Neighborhood Fund, which is part of the group's 10-year, $500 million joint commitment with Rocket Community Fund announced in 2021.

Here are the ten neighborhoods the group will focus on:

• Jefferson Chalmers
• Warrendale/Cody-Rouge
• Campau//Davison/Banglatown
• East Warren/Cadieux
• Northwest Grand River
• Gratiot/7 Mile
• Russell Woods/Nardin Park
• Islandview/Greater Villages
• Southwest/Vernor
• Livernois-McNichols

"We can see the data showing change happening in SNF neighborhoods, but just as importantly, you can see the change just by looking around," President and CEO of Invest Detroit Dave Blaszkiewicz said in a statement. "Investments from organizations like Gilbert Family Foundation are leading to more jobs, more small business growth, improved streetscapes, and better recreational opportunities for people in every corner of the city."

The Strategic Neighborhood Fund was launched in 2016 by the City of Detroit and Invest Detroit, a non-profit, to kick-start redevelopment in ten neighborhoods across the city.

During its first two phases the fund has raised $75 million, matched by $110 million in public sector funding, officials said.