MI02 Stories and Data

MI02 Stories

CDFI Credit Unions Lower Interest Rates on Car Loans
OFN Story: Michigan CDFI Finances Family-Owned Automotive Recycling Business
Detroit CDFI coalition amplifies positive outcomes in communities across the city
Lebowsky Center

MI02 Fact Sheet

Testimonials

CDFIs stand in the gap for communities that have long been overlooked, offering the tools, capital, and support that empower people to lift themselves up by their bootstraps. From revitalizing main streets to helping families buy their first homes, CDFIs turn potential into progress. With timely and full support from the Treasury Department, these institutions can continue delivering measurable impact, fueling self-reliance, entrepreneurship, and generational change in America’s most underinvested communities

-Kevin FItzgerald, Opportunity Resource Fund, East Lansing, 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 fill a vital need in Michigan by supporting community and economic development in under-served areas. Continuing to fund CDFIs will allow them to provide financial support for communities that would otherwise be left behind.

-Charlotte J. Smith, Community Economic Development Association of Michigan, Lansing, MI

Map of MI02 CDFI Branches and Stories