Michigan Community Capital reposted this
Here in Grayling today for our pre-construction meeting on the Sawmill Lofts. After 5 years of preconstruction, we are finally (actually!!) starting. This very importo office boy was also here.
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.
External link for Michigan Community Capital
507 S Grand Avenue
Lansing, Michigan 48933, US
Michigan Community Capital reposted this
Here in Grayling today for our pre-construction meeting on the Sawmill Lofts. After 5 years of preconstruction, we are finally (actually!!) starting. This very importo office boy was also here.
In honor of Election Day, our office will be closed. We encourage everyone to take this opportunity to make your voice heard—go vote! 🗳️ Remember, every vote counts. Let’s shape our future together! 🌟 #ElectionDay #Vote To figure out where or how to vote, visit Michigan.gov/vote.
Happy Halloween everyone!
Elle Albert brought all the holiday energy today and is looking for more treats and fewer tricks this Halloween at Temple Lofts. Wishing a fun and safe day for all!
🏡 Now Leasing at Midtown CityZen! 🏡 Studio, 1- and 2-bedroom apartments in downtown Grand Rapids, just steps from Spectrum Health and Midtown’s best spots. Pet-friendly, with great amenities like in-unit laundry, a community room with a pool table, and an on-site coffee shop. Limited availability—schedule your tour today! 📍 https://lnkd.in/gM53864A
Exciting news for job growth in Dearborn! The HOLLINGSWORTH expansion, backed by #NMTCs from Michigan Community Capital, Invest Detroit, and U.S. Bank, is paving the way for new opportunities in the community. Read more here: https://lnkd.in/gpVdcseP #CDFI #CDE #JobCreation
Congratulations! 🎉✨
Congratulations to our Coalition Board Chair and President of Northern Initiatives, Elissa Sangalli, for receiving Opportunity Finance Network's (OFN) Rising Star Award! This year’s OFN conference marks the debut of the industry awards, celebrating outstanding CDFI leaders whose contributions drive meaningful community impact through innovation and leadership. Congratulations, Elissa! #OFN40
We're pleased to share our Broadway Lofts development in the City of Mt. Pleasant, Michigan highlighted as a case study on the U.S. Department of Housing and Urban Development's website. Check it out here: https://lnkd.in/gKkwnta6 Partners in this project included Michigan Economic Development Corporation; Michigan Department of Environment, Great Lakes, and Energy; City of Mt. Pleasant, Michigan; National Cooperative Bank; Cinnaire; PNC, and more. #affordablehousing #mixeduse #communitydevelopment
Annie Jenkins, CPA and Stacy Esbrook are in Los Angeles at the Opportunity Finance Network annual conference this week. They are connecting with peers and learning about new programs and initiatives that advance CDFI impact lending!
✨ Now Leasing at Midtown CityZen! ✨ Looking for the perfect downtown Grand Rapids home? Check out Midtown CityZen, a stylish, pet-friendly community just half a mile from Spectrum Health Butterworth Hospital. Enjoy top-notch amenities like: 🏡 Studio, one-bedroom, and two-bedroom floorplans 🎱 Community room with a pool table 🧺 In-unit washer and dryer 📬 Private indoor mailboxes ☕ On-site coffee shop, Kaffiene Located in the heart of the Midtown neighborhood, just steps away from Martha’s Vineyard Fine Wine & Gourmet Grocery and more! Limited availability—contact us today to schedule a tour or inquire about our pet policy. https://lnkd.in/gM53864A