Huntington Bank Commits $40B To Detroit, Wayne County, Southeast Michigan

(CBS DETROIT) – Huntington Bank is out with a new plan to help fight Detroit's inequality.

It includes a new $40 billion commitment to Detroit, Wayne County, and southeast Michigan.

Here's a breakdown of that investment:

• $24 billion is for community housing.
• Another $10 billion will be for small businesses, with $2 billion specifically for minority-owned businesses.
• The remaining $6.5 billion for programs and services.

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