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Invest Detroit CDE
Detroit MICDFI Awards for Invest Detroit CDE
NMTC (2009) - $40,000,000
Invest Detroit CDE will support the development of commercial and mixed-use real estate in Detroit, Michigan by expanding the availability, affordability, and access to commercial capital. Capital will be made available for real estate development, building improvements, inventory, equipment and working capital. Invest Detroit will offer equity investments, equity-equivalent financing, below-market debt financing and debt that utilizes flexible and non-traditional rates and terms to non-profits, minority-owned businesses and entrepreneurs with projects that offer value and benefits to the LICs of Wayne County.
Other Community Development Financial Institutions in Michigan
Bay Mills Housing Authority
Brimley
CapFund New Markets LLC
Lansing
Capital Fund Services, Inc.
Lansing
Communicating Arts CU
Detroit
Invest Detroit CDE
Detroit
Little Traverse Bay Bands of Odawa Indians
Harbor Springs
Michigan Housing Trust Fund
Lansing
Michigan Magnet Fund
Huntington Woods
Neighborhoods Inc. of Battle Creek
Battle Creek
Northern Shores Loan Fund, Inc.
Harbor Springs
Port Huron CDE, LLC
Port Huron
Shorebank BIDCO, Inc.
Marquette
Shorebank, Detroit
Detroit
Wayne County - Detroit CDE
Detroit
Featured Government Grant Resources
Small Business Grants - Support for Veterans
The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.
Small Business Administration's Loan Guarantees Program
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.
Social Entrepreneurship
Spotlight
Social Enterprises Create ‘Buy Social’ Campaign
Research finds that a great number of social enterprises, businesses with social or environmental goals which reinvest their profits, are trading more with consumers all year round, not just during the holidays.
