The Detroit Investment Fund generally provides financing of between $500,000 and $2 million to a broad range of industries in the following types of projects:

• Residential and Community Development
• Commercial and Industrial Expansion or Relocation
• Strategic Developments

Residential and Community Development Capital Loans are considered for the development of residential real estate and neighborhood retail centers being sponsored by experienced developers. The Fund provides Capital Loans to assist developers in meeting the financing requirements of traditional lenders. Fund loans will be subordinate to the senior lender but will not exceed 50% of the equity required for the project. Included in this category are:

• Land Development Loans
• Real Estate Construction Loans
• Real Estate Mortgage Loans for Residential Rental Properties and Retail Centers

Commercial Capital Loans provide financing for the purchase of machinery, equipment and real property; the improvement of real property, and/or the restructuring of existing debt where the loan will be subordinated to the senior lender and provide the capital base for the borrower to obtain traditional financing. In addition, working capital financing will be provided to meet the needs created by the expansion.