June 5, 2026

Common Ground Media | Community Development Financial Institutions help rural Northern communities fund affordable housing, education, support small business growth

Common Ground Media connected with Michigan CDFI Coalition members for their Block by Block series to discuss the role they play in closing gaps between traditional lending and CDFI support. 

Rural communities often experience a lack of capital access due to bank mergers, or community banks leaving their areas. CDFIs step in to bridge the gap by providing crucial capital, workshops, and referrals to rural communities — funding affordable housing, high-quality education, and community development with small business growth.

 

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