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
Northern Great Lakes Initiatives Marquette MI 2021 CDFI-RRP $1,826,265
Northern Shores Community Development, Inc. Harbor Springs MI 2021 CDFI-RRP $200,000
OMNI Community Credit Union Battle Creek MI 2021 CDFI-RRP $1,826,265
One Detroit Credit Union Detroit MI 2021 CDFI-RRP $1,826,265
Opportunity Resource Fund Lansing MI 2021 CDFI-RRP $1,826,265
First Independence Bank Detroit MI 2021 BEA $170,699
Michigan First Credit Union Lathrup Village MI 2021 CDFI-RRP $1,826,265
ELGA Credit Union Grand Blanc MI 2021 CDFI-RRP $1,826,265
Cinnaire New Markets LLC Lansing MI 2021 NMTC $55,000,000
One Detroit Credit Union Detroit MI 2021 CDFI-FA $225,000