Michigan Community Capital

Michigan Community Capital

Non-profit Organization Management

Lansing, Michigan 1,503 followers

Investing in places where people come first

About us

Michigan Community Capital (MCC) is a non-profit diversified public-private partnership that supports the missions of the Michigan Economic Development Corporation (MEDC) and the Michigan State Housing Development Authority (MSHDA) by aggregating capital and facilitating the financing and development of low-income and attainable housing, and the redevelopment of complex brownfield sites within the State of Michigan. MCC is a U.S. Treasury certified Community Development Financial Institution (CDFI) and the only Community Development Entity (CDE) that deploys this resource solely throughout the entire State of Michigan. Over its 16-year history, MCC has supported over $1 billion in project financing, successfully attracted $380 million in federal New Markets Tax Credits, and helped to create/rehabilitate over 1,400 housing units and 3 million square feet of commercial, retail and industrial space to facilitate job creation and expansion. MCC provides products in four key pillars: housing equity, bridge and gap lending, New Markets Tax Credits, and property insurance for Low-Income Housing Tax Credit projects. For more information on MCC visit michigancommunitycapital.org.

Industry
Non-profit Organization Management
Company size
11-50 employees
Headquarters
Lansing, Michigan
Type
Nonprofit
Founded
2004
Specialties
Community Development Financial Institution, Community Development Entity, non-profit corporation, property management, developer, real estate, insurance, lending, community development, housing authority, and apartment complex

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