Shri Thanedar (D-MI13)

Impact in the District

Between 2005 and 2023, there was $888.3 million in total lending from CDFI Fund award recipients, including $178.5 million in loans to businesses and entrepreneurs, $305.6 million in housing development and mortgage lending, $131.2 million in consumer lending, $247.9 million in lending to commercial real estate and community facilities, 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
Argonaut
Casamira Apartments: Bringing Affordable Homes to Detroit
CDFI Credit Unions Lower Interest Rates on Car Loans
Dakkota Integrated Systems
Deana Neely, Founder of Detroit Voltage, LLC
Detroit CDFI coalition amplifies positive outcomes in communities across the city
CDFIs with Branches in the District
CREDIT UNION ONE
CREDIT UNION ONE
Detroit Development Fund
First Independence Bank
First Independence Bank
Invest Detroit
Lake Trust Credit Union
Lake Trust Credit Union
Liberty Bank and Trust Company
Michigan First Credit Union
Michigan First Credit Union
Michigan First Credit Union
One Detroit Credit Union
One Detroit Credit Union

Map of CDFI Branches and Stories in

Michigan Fact Sheet