A Detroit coalition is offering cash incentives to attract new residents and retain current ones in an effort to stimulate economic growth. The program, "Make Detroit Home," will award over $500,000 in benefits to over 300 participants, including entrepreneurs, creatives, and small business owners. The stipends can be used to cover home down payments, renovations, rent or business expenses. Additional grants may be provided to offset moving costs, security deposits, and expenses such as gym memberships or meal services. The initiative is privately funded, with billionaire businessman Dan Gilbert pledging to match every dollar raised.