Bank of America funds service organizations’ programs critical to neighborhood stabilization

Bank of America funds service organizations’ programs critical to neighborhood stabilization

An increasing number of Detroit neighborhoods are garnering unprecedented interest and investment. That’s a good thing for everyone, according to Matt Elliott, Bank of America’s (BOA) Michigan market president, who is excited to see evidence of rising property values in pocketed blocks throughout Detroit. The gaps? That’s what Elliott and his team look to lessen […]

Shelborne Development hires Jill Ferrari to help rebuild more Detroit neighborhoods

Shelborne Development hires Jill Ferrari to help rebuild more Detroit neighborhoods

Shelborne Development has hired Jill Ferrari as a to partner to lead predevelopment, financing and development activities for the company’s various mixed-use real estate projects located throughout Southeast Michigan and Florida. Ferrari will manage Shelborne Development’s current partnership with Jefferson East Inc. to complete various mixed-use, mixed-income developments along the Jefferson Avenue corridor and its […]

Jefferson East Inc. promotes affordable housing in high-rent district

Jefferson East Inc. promotes affordable housing in high-rent district

As she traveled between Detroit and Ghana, contributing her skills to the building of a medical facility in the African nation, Betty Wright noticed something changing. It was her neighborhood. The nine years she spent flying across the ocean before the former nurse re-settled in her East Jefferson Avenue condo brought ebbs and flows. Stately […]