Fact Sheet

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Michigan Stories

35 Oaks
Located in the heart of Grand Rapids’ entertainment district, Blue35 is an innovative space designed to foster collaboration, inspiration, and results. The neighborhood is near Grid 70, a nationally acclaimed ideation hub for design and innovation. The neighborhood is highly walkable and features nearby coffee shops, restaurants, and other downtown businesses. Blue35 is home to companies large and small, from solopreneurs in the co-working space to tenants whose offices feature full-floor buildouts.
500 Block
This urban redevelopment project is a showcase project in downtown Flint’s revitalization efforts. The 500 Block Development transforms three historic buildings built between 1880 and 1920 into one mixed-use building with a new corporate headquarters for Rowe Incorporated, a new restaurant, entertainment complex, and a parking structure. Additionally, the fourth floor contains eight loft apartments, two of which are affordable to tenants earning no more than 80% of the area median income. The project relocated over 100 technology-based jobs to Flint where the poverty rate was nearly 45% and unemployment rate almost 4.5times the national average at 25.8%. The project also created 60 temporary construction jobs and 81permanent jobs.
A M Floral and Gifts
Amy McKinley has run businesses before and even has a degree in business. But she knows enough about business to know she doesn’t know enough.…
Advanced Interactive Response Systems (AIRS)
"I kept seeing issues with patients running out of oxygen or getting low. I knew I could design something." - Valerie Obenchain, founder of Advanced…
ALDI Iron Mountain
With support from from Michigan Community Capital, ALDI was able to build four new stores in rural Michigan Communities. In 2023 and 2024, ALDI constructed and opened stores in Alpena, Clare, Iron Mountain, and Sturgis.
ALDI Sturgis
With support from from Michigan Community Capital, ALDI was able to build four new stores in rural Michigan Communities. In 2023 and 2024, ALDI constructed and opened stores in Alpena, Clare, Iron Mountain, and Sturgis.
Allen Neighborhood Center Support Corp.
Cinnaire Solutions & Allen Neighborhood Center Join Forces to Revitalize Lansing’s Eastside
Allen Place Brings New Community Space to Downtown
MCC supported, with other mission-driven partners, the redevelopment and expansion of the Allen Neighborhood Center (ANC) in Lansing, MI in 2020, including the new development of Allen Place apartments. The full project included the redevelopment of an existing, two-story building into a three-story mixed-use development consisting of affordable housing units, community based health care services, a culinary training school, and an accelerator kitchen for food-based entrepreneurs.
Americana Manufacturing
For Ben Logan, school was often a struggle. Dyslexia made traditional learning challenging, and he spent much of his time watching cartoons in a special…
Applecore General Store
Activity comes in waves in the Les Cheneaux region. There’s the summer onslaught, because who wouldn’t want to spend time in an area surrounded by…
Argonaut
An arts and design College and dorm, Charter Middle/High School and business accelerator: Located in downtown Detroit, MI, The Argonaut project converted a historic GM building into a 760,000 sq. ft. mixed-use educational facility. The College of Creative Studies’ expansion campus features educational facilities for undergraduate and graduate programs, residential facilities for up to 300 students and an arts and design middle and high school serving approximately 900 students annually. The project achieves LEED Certification for Existing Buildings, incorporates sustainability features, and may incorporate alternative energy generation once construction is complete. Six NMTC allocatees were involved in the transaction to overcome long-standing development hurdles.
Bake Superior Bread
“The help we’ve received from Northern Initiatives has been extremely beneficial.” - Andrew Brand, Bake Superior Bread Andrew Brand isn’t sure where his business would…

CDFI Branches in the State

Alpena Community Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
American 1 Credit Union
Astera Credit Union
Astera Credit Union
Astera Credit Union
Astera Credit Union
Astera Credit Union
Awakon Federal Credit Union
Awakon Federal Credit Union
Awakon Federal Credit Union
Awakon Federal Credit Union
Awakon Federal Credit Union
Berkeley Community Federal Credit Union
Bloom Credit Union
Bloom Credit Union
Bloom Credit Union
Bloom Credit Union
Bloom Credit Union
Bloom Credit Union

Michigan CDFIs

Cinnaire

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Michigan Community Capital

Michigan Community Capital (MCC) is an independent non-profit 501(c)(3) tax-exempt public charity whose Board of Directors is comprised of representatives of low to moderate income communities across Michigan.