Tim Walberg (R-MI05)

Impact in the District

Between 2005 and 2023, there was $548.9 million in total lending from CDFI Fund award recipients, including $122.2 million in housing development and mortgage lending, $380.7 million in consumer lending, with the balance going to other activities. For more impact data, check out the CDFI Advocacy App over at CDFI Friendly America.

Stories from the District
ALDI Sturgis
With support from from Michigan Community Capital, ALDI was able to build four new stores in rural Michigan Communities. In 2023 and 2024, ALDI constructed and opened stores in Alpena, Clare, Iron Mountain, and Sturgis.
Five Pillars Farm
Sherman Reed has always been a thorough researcher, so when his research pointed him to Northern Initiatives, he researched some more and surprised even…
Spikberg Quilting: Stitching a Second Act
When Mark Spikberg of Tecumseh left his job in the automotive industry, he was looking to keep busy, not start a business. But opportunity knocked, and Michigan Women Forward helped […]
The Watershed by Root & Branch
The Watershed, a development by Root and Branch Real Estate, involved removing three small storefront buildings that were in disrepair and replacing with a new five-story, 25,000-square-foot mixed-use building. This initiative will provide paid internships to individuals with physical or intellectual disabilities, offering support to help employees identify and achieve career goals, develop job-related skills and plan for career advancement.
CDFIs with Branches in the District
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
BlueOx Credit Union

Map of CDFI Branches and Stories in

Michigan Fact Sheet