State Result

Impact Data for Michigan

The CDFI Fund makes an impact by providing awards to organizations that make credit, capital, and other critical financial services available to disadvantaged businesses and low-income communities throughout the country. View state impact data by our CDFI Program and NMTC Program awardees to the right, and view the full list of awards made to organizations in this state below.

AMOUNT OF NMTC INVESTMENTS
$1,780,483,275

NUMBER OF NMTC INVESTMENTS
156

AMOUNT OF CDFI LOANS
$7,485,092,396

NUMBER OF CDFI LOANS
314,809

Award History

Awardee City State Year Program Amount
Chi Ishobak, Inc. Dowagiac MI 2012 NACA-TA $145,962
Community Investment Support Fund Detroit MI 2012 CDFI-TA $96,400
First Independence Bank Detroit MI 2012 BEA $120,578
Northern Shores Community Development, Inc. Harbor Springs MI 2012 NACA-TA $149,999
One Detroit Credit Union Detroit MI 2012 CDFI-FA $953,806
Invest Detroit Foundation Detroit MI 2012 CDFI-FA $1,453,806
Chi Ishobak, Inc. Dowagiac MI 2011 NACA-TA $139,620
First Independence Bank Detroit MI 2011 BEA $63,194
Metro Community Development, Inc. Flint MI 2011 CDFI-FA $1,500,000
Northern Economic Initiatives Corporation Marquette MI 2011 CDFI-FA $1,500,000