INNER CITY NEED: "Downtown and midtown are recovering nicely, but neighborhood revitalization is the key to a successful turnaround of Detroit," says David Provost, Talmer's chief executive.

Talmer Creates Fund to Revitalize Detroit Neighborhood

The Michigan company has pledged $1 million to help people buy homes in the Marygrove College neighborhood. Homeowners can get up to $25,000 and have $5,000 shaved off the balance each year they live there.

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