Chase Invest Detroit Fund

The Chase Invest Detroit Fund (CIDF) is a revolving loan fund supported by an investment from JPMorgan Chase and represents a continuation and expansion of its long-term commitment to the City of Detroit. CIDF was created to promote and accelerate economic development that otherwise would not take place.

CIDF is a high-impact Fund designed to co-invest with Invest Detroit’s managed funds to promote commercial real estate projects and the development and expansion of commercial and industrial businesses. The CIDF also assists with the acquisition of critical properties in targeted areas identified by key strategic initiatives as catalytic projects to advance economic development.

Loan Size

$500,000 to $2.5 million

Target Area

The City of Detroit

Eligible Projects

  • Business Expansion
  • Capital Improvements
  • Purchase of Equipment
  • Purchase of Real Property
  • Commercial Real Estate Development
  • Strategic Investments that Create a Long-Term Benefit for the Community

General Loan Criteria

  • Sponsors with a proven track record and personal investment in the project
  • Clear exit strategy for the Fund with expected repayment within 5-7 years
  • Significant economic impact in the City of Detroit

For more specific loan criteria, select from below.

Contact Information

Interested applicants are encouraged to contact Karl Bell to determine eligibility prior to submitting materials.

Karl Bell
Invest Detroit
600 Renaissance Center, Suite 1710
Detroit, MI 48243-1802
Karl.bell@investdetroit.com
p: 313-259-6368
f: 313-259-6393