We are the Michigan CDFI Coalition. We are invested in community.

CDFIs are mission-based lenders who provide flexible and affordable financing for small businesses, first-time home buyers, and revitalizing neighborhoods and building affordable housing, commercial kitchens, and community spaces. Our members work closely with borrowers to bring their vision to reality and ensure success long after the ribbon cutting.

Baobab Fare

Photo by @delenguyen

Launched in 2023, the Michigan CDFI Coalition is here to grow our impact of Community Development Financial Institutions (CDFIs) in Michigan, build programs that support our members, and make sure our CDFIs have the tools and resources needed to provide great lending and technical support in communities throughout Michigan.

CDFIs are moving the needle in Michigan

Represents data from the US Department of Treasury 2005-2022 *
Represents data from the SBA for the PPP 2020/2021**

$5.6B

Deployed by Michigan CDFIs*

41,000+

Jobs Created & Retained*

27M

Square feet 
of real estate
redevelopment*

$1.53B

In PPP loans for Michigan businesses and nonprofits**

<2%

Average default rate*

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