Billionaire Dan Gilbert launches $20 M fund for Detroit home repairs
Detroit billionaire Dan Gilbert and his wife Jennifer’s foundation is starting up a $20 million fund to pay for home repairs, which are desperately needed across the city’s aging housing stock. What’s happening: More than 1,000 homeowners should be able to access free repair services for their roofs, foundations, stairs and other areas through the three-year program.The Gilbert Family Foundation is giving $10 million, with $8 million coming from health company ProMedica and $2 million from utility DTE Energy.The foundation picked two national nonprofits, Enterprise Community Partners and Green & Healthy Homes Initiative, to administer the fund — with local groups...