The Ralph C. Wilson Jr. Foundation is making a $10 million grant to Detroit's Strategic Neighborhood Fund to improve commercial corridors and parks across 10 neighborhoods.

Seven corporations — American Axle & Manufacturing Holdings Inc., Blue Cross Blue Shield of Michigan, Fifth Third Bank, Flagstar Bank, Huntington Bank, Penske Corp. and TCF/Chemical Bank — have each agreed to contribute $5 million. Half of the total $35 million from those companies is directed toward the LISC Affordable Housing Leverage Fund, and the other half goes toward the neighborhood revitalization fund, dubbed SNF 2