Cinnaire Stories and Data

Cinnaire Stories

Detroit CDFI coalition amplifies positive outcomes in communities across the city

Detriot,
Michigan

Cinnaire, Invest Detroit

Throughout Michigan, there are more than 55 community development financial institutions, with 47 of those CDFIs headquartered in the state. These mission-driven financial institutions provide support for consumers, businesses, and real estate projects where traditional funding isn’t available.

Lebowsky Center

Owosso,
Michigan

Michigan Community Capital

The Owosso Community Players, at the Lebowsky Center, have a rich history that carries on the legacy of Joseph Lebowsky who opened The Capitol Theater in 1926.The Lebowsky Center reopened in 2014 continuing to rebound and grow after a devastating fire in 2007. Construction on the interior began in December 2012 and was completed in March 2014.

Harbor Shores

Benton Harbor,
Michigan

Michigan Community Capital

A land development company redeveloped over 250 acres of land in Benton Harbor and St. Joseph as part of a total 500-acre land development. Harbor Shores, a non-profit developer, envision the project as an investment into the future of Southwest Michigan and building are sort community and golf course as a catalyst to support ongoing economic, environmental, and social revitalization efforts.

Inner City Christian Federation

Grand Rapids,
Michigan

Michigan Community Capital

The 920 Cherry Street Project was a part of a comprehensive redevelopment of a three-acre site located at the intersection of Cherry Street SE and Cherry Drive SE in the city of Grand Rapids. The plan consisted of 37 new for-sale homes, 5,000 square feet of commercial space and the redevelopment of the historic D.A. Blodgett Home.

Load More Stories

Cinnaire Fact Sheet

Testimonials

CDFIs provide financial services, education and loans to support economic growth and development for families and small businesses. Many qualify, but are unable to secure needed funding through mainstream, traditional financial sources. The work of CDFIs enriches our communities and the quality of life for residents.

-Sheilah Clay, Purposeful Consulting, LLC, Farmington Hills, MI

CDFIs provide an important unique opportunity support communities by creating opportunities for underbanked companies and individuals to pull themselves up by their bootstrap by creating new businesses, housing and strengthening financial composites

-Kevin FItzgerald, OppFund, East Lansing, MI

CDFIs are crucial to affordable housing.

-Braden Wiener, Opportunity Resource Fund, Grand Rapids, MI

Cinnaire Stories and Data