New Detroit, Inc.

New Detroit is a coalition of leaders working to achieve racial understanding and racial equity in Metropolitan Detroit.

General Information
Company Name
New Detroit, Inc.
Founded Year
1967
Location (Offices)
Detroit, United States +1
Founders / Decision Makers
Number of Employees
27
Industries
Real Estate
Funding Stage
Equity Crowdfunding
Social Media

New Detroit, Inc. - Company Profile

New Detroit, Inc. is a coalition of 57 nonprofit, corporate, and civic leaders working towards achieving racial understanding and equity in Metropolitan Detroit. Established in 2015 in response to civil unrest, the organization is backed by then Michigan Governor George Romney, Detroit Mayor Jerome Cavanagh, and business executive Joseph L. Hudson, Jr. New Detroit's mission revolves around thought leadership, policy advocacy, and collective action aimed at fostering racial equality in the region.

Operating within the Real Estate industry, New Detroit aims to drive tangible change, addressing societal challenges and inequalities. The company received an Equity Crowdfunding investment on 02 August 2015, indicating early investor interest and support in their cause. Although the specific investors are undisclosed, this signifies an initial step towards fortifying the organization's financial standing and potential for future growth.

Overall, New Detroit, Inc. emerges as a socially conscious and impactful initiative, actively engaged in addressing historical injustices and fostering a brighter future for Metropolitan Detroit.

Taxonomy: racial equity, urban revitalization, real estate investment, Detroit revitalization, community development, rehabilitated homes, Section 8 housing, economic development, redevelopment initiatives

Funding Rounds & Investors of New Detroit, Inc. (1)

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Funding Stage Amount No. Investors Investors Date
Equity Crowdfunding Unknown - 02 Aug 2015

Latest News of New Detroit, Inc.

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No recent news or press coverage available for New Detroit, Inc..

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