Government Grants
Business Grants
Home Owner Programs
Federal Programs
About Us
Katikitegon Community Development Corporation-revolving Loan Fund
Watersmeet MICDFI Awards for Katikitegon Community Development Corporation-revolving Loan Fund
NACA (2006) - $119,500
Katikitegon Community Development Corporation is sponsoring the creation of Katikitegon CDFI. The CDFI will provide microloans, business loans ranging from $5,000 to $50,000, development services, and technical assistance to members of the Lac Vieux Desert Reservation and the surrounding Watersmeet, Michigan community. Katikitegon CDC will use the NACA TA grant of $119,500 to: 1) provide training to staff and board members; 2) develop underwriting and risk management policies; 3) purchase computer hardware and a copier; and 4) cover salary expenses, audit and accounting costs, communication costs, and materials and supplies costs.
NACA (2004) - $115,000
The Katikitegon Community Development Corporation - Revolving Loan Fund (KRLF) of Watersmeet, MI is a nonprofit community development corporation serving the Lac Vieux Desert Tribe. The awardee will use the $120,000 technical assistance award through the Native American CDFI Assistance Program to purchase consulting services to develop marketing and capitalization plans, policies and procedures, and product development, to acquire technology and training, and to support operations.
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
What Are Opportunity Zones
Opportunity Zones are an economic development tool that allows people to invest in distressed areas in the United States.
Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.
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.
