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NEWS: $330 MILLION IN FUNDING DONATED TO ALLEVIATE DETROIT INSTITUTE OF ARTS PRESSURE TO SELL OFF ART

U.S. Chief District Judge Gerald Rosen announced today that several foundations have pledged a total of $330 million to help Detroit’s unpaid pensions and to further prevent the de-accessioning of the Detroit Institute of Arts. The Detroit Free Presscautions that “the pledges do not by themselves mean that pensions and DIA art are now beyond the reach […]

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WHITE HOUSE OFFICIALS HEADING TO DETROIT TO DISCUSS AIDING CITY’S REVITALIZATION

Obama administration officials have just announced that they will be heading to Detroit to discuss the city’s bankruptcy and how they can support and assist the city’s revitalization to restore it to a new modern-day Renaissance City. They are set to travel to Detroit on Sept. 27 to meet with community leaders, nonprofit executives and elected officials. […]

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