John James (R-MI10)

Impact in the District

Between 2005 and 2023, there was $357.7 million in total lending from CDFI Fund award recipients, including $42.9 million in loans to businesses and entrepreneurs, $176.7 million in housing development and mortgage lending, $116.8 million in consumer lending, with the balance going to other activities. For more impact data, check out the CDFI Advocacy App over at CDFI Friendly America.

Stories from the District
Detroit CDFI coalition amplifies positive outcomes in communities across the city
Throughout Michigan, there are more than 55 community development financial institutions, with 47 of those CDFIs headquartered in the state. These mission-driven financial institutions provide support for consumers, businesses, and real estate projects where traditional funding isn’t available.
Michigan Math and Science Academy
Detroit-area MMSA expanded its facilities to provide college preparatory STEM education to over 1,000 students with a loan from PCG.
CDFIs with Branches in the District
BlueOx Credit Union
CREDIT UNION ONE
CREDIT UNION ONE
CREDIT UNION ONE
CREDIT UNION ONE
Lake Trust Credit Union
Michigan First Credit Union
Michigan First Credit Union
Michigan First Credit Union
Michigan First Credit Union
Michigan First Credit Union
Michigan First Credit Union
Public Service Credit Union
Security Credit Union

Map of CDFI Branches and Stories in

Michigan Fact Sheet