Blue Cross Blue Shield of Michigan today announced that it is investing $5 million to bolster Detroit’s East Warren/Cadieux neighborhood as part of Mayor Mike Duggan’s initiative to increase corporate financial involvement into community-driven improvements in the city’s neighborhoods.
Blue Cross is partnering with the East Warren/Cadieux communities through the Strategic Neighborhood Fund and Affordable Housing Leverage Fund with a $5 million investment that will be disbursed through 2022.
The funds will support the revitalization of neighborhood streetscapes and walkability, kickstart local business, and add and preserve affordable housing. The city of Detroit is seeking the input of residents regarding specific community improvements through district-focused meetings. Residents can learn more about how to get involved by visiting here.
“As a native Detroiter, an east sider from my earliest years, and as leader of an organization that has called Detroit home for 80 years, it is an honor for me to represent Blue Cross’ commitment to our city’s neighborhoods,” says Daniel J. Loepp, CEO of BCBSM, who grew up in the East Warren/Cadieux area. “Blue Cross has made significant investments in downtown and our communities, and we’re pleased to join the mayor and community leaders to amplify those investments in ways that strengthen Detroit’s neighborhoods.
“I’m especially excited to see our dollars leveraged by residents of this neighborhood to design improvements that fit with the needs and character of their community,” Loepp continues. “This is a ground-up effort, and we are eager to see the progress that will be made thanks to the ideas and ingenuity of the people who live in this area.”
Mayor Duggan says, “Blue Cross Blue Shield of Michigan has been a longtime supporter of Detroit, and we are thankful for their partnership with the East Warren/Cadieux community. This strategic investment will help build on the great progress we have begun to see in neighborhoods like Morningside, Cornerstone Village and East English Village, as well as along the area’s commercial corridors.”
BCBSM also joined former Detroit Mayor Dave Bing and business leader Roger Penske to invest in new police and EMS vehicles for the city. The company has invested in QLINE transit, as well as bike share stations in the downtown area. For more information on Blue Cross’ involvement in the Strategic Neighborhood Fund and Affordable Housing Leverage Fund, visit mibluesperspectives.com.