MI03 Stories and Data

MI03 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

MI03 Fact Sheet

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

I support CDFIs because I’ve witnessed the economic development they bring to an underserved community and the people that inhabit these areas.

-Taney Turner, ELGA Credit Union, Grand Blanc, 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 MI03 CDFI Branches and Stories