Michigan Stories and Data

Michigan Stories

Detroit CDFI coalition amplifies positive outcomes in communities across the city
The Watershed by Root & Branch
Robinson Landing
Carriage Town – Flint

Michigan Fact Sheet

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 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 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 Michigan CDFI Branches and Stories