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 Economic Initiatives Corporation | Marquette | MI | 2000 | CDFI-TA | $35,000 |
| Shorebank BIDCO, Inc. | Marquette | MI | 2000 | CDFI-FA | $500,000 |
| Neighborhoods Inc. of Battle Creek | Battle Creek | MI | 2000 | CDFI-FA | $1,000,000 |
| Opportunity Resource Fund | Lansing | MI | 1999 | CDFI-FA | $520,000 |
| Standard Federal Bank | Troy | MI | 1999 | BEA | $1,122,886 |
| First of America Bank, N.A. | Kalamazoo | MI | 1998 | BEA | $81,670 |
| University Bank NO FR | Ann Arbor | MI | 1998 | BEA | $22,130 |
| Shorebank, Detroit | Detroit | MI | 1996 | CDFI-FA | $3,750,000 |
| Neighborhoods Inc. of Battle Creek | Battle Creek | MI | 1996 | CDFI-FA | $1,350,000 |