Home improvement loans
Subject Source: Library of Congress Subject Headings
Found in 2 Collections and/or Records:
Abstract The Detroit Committee for Responsible Banking (DCRB) grew out of awareness that banks in Detroit were under-funding city development while frequently supporting development in suburban areas. The DCRB was formed by James M. Edwards and Patrick J. Murray, both Detroit lawyers, and backed by an advisory board of community members. Initially, they focused their efforts on one bank – Comerica – and later went after Standard Federal, National Bank of Detroit, Manufacturers Bank, First of America,...
Overview The Neighborhood Project was established by the Jewish Federation of Metropolitan Detroit in 1986. Its purpose was to retain a Jewish presence in the communities of Oak Park and Southfield, which were threatened by the construction of Interstate 696 and by demographic shifts. Interest-free loans were granted, and a revolving fund was established to assist in home purchases and, later, to provide home improvement loans. The project was completed in 2003 when it was deemed that the neighborhoods...