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The owner of the Detroit Pistons is teaming up with Huntington Bank to help Flint, Michigan with its water crisis.
Pistons’ owner, Tom Gores and the CEO of Huntington Bank plan to give 25-million dollars to the city.
Of that money, 22-million dollars will be in loans for small businesses.
The rest of the money will be be spent on mortgage financing and grants to bolster businesses damaged by the water crisis.
Flint’s economy has struggled since the slowdown in the US auto industry.
The water crisis has made it worse.
In a statement Gores said quote “this partnership signifies the momentum we need for the future of Flint.”