MI07 Stories and Data

MI07 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

MI07 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

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

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

Map of MI07 CDFI Branches and Stories