MI12 Stories and Data

CDFI Credit Unions Lower Interest Rates on Car Loans

Detroit,
Michigan

One Detroit Credit Union

OFN Story: Michigan CDFI Finances Family-Owned Automotive Recycling Business

Kalamazoo,
Michigan

Northern Initiatives

Detroit CDFI coalition amplifies positive outcomes in communities across the city

Detriot,
Michigan

Cinnaire, Invest Detroit

Lebowsky Center

Owosso,
Michigan

Michigan Community Capital

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Testimonials

CDFIs are crucial to affordable housing.

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

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

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