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
United Cerebral Palsy Association of Michigan, Inc., DBA Michigan Assistive Technology Fund Southfield MI 2024 CDFI-TA $300,000
Financial Plus Credit Union FLINT MI 2024 CDFI-FA $725,000
Grand Rapids Opportunities for Women Grand Rapids MI 2024 CDFI-FA $510,000
Michigan Community Capital Lansing MI 2023 NMTC $65,000,000
Cinnaire New Markets LLC Lansing MI 2023 NMTC $60,000,000
Chippewa County Credit Union Sault Ste Marie MI 2022 SDL $33,522
Lake Superior Community Development Corp. L'Anse MI 2022 CDFI-FA $325,000
Prosperus Detroit Micro Lending Detroit MI 2022 CDFI-ERP $500,000
Michigan First Credit Union Southfield MI 2022 CDFI-FA $640,000
Public Service Credit Union Romulus MI 2022 CDFI-ERP $4,957,678