First Independence Bank is one of five funders for the newly-announced Fourth Street Ecohomes Project in midtown Detroit as part of the Selden Corridor Initiative, a mixed-use redevelopment that will create new housing, job opportunities, and businesses in the area. The Ecohomes will boast innovative sustainable technologies such as rooftop solar panels, solar thermal hot water heating systems, energy-efficient thermal envelopes, sustainable landscaping, and rain barrels. Fourteen units are currently underway.