Michigan Community Capital
Non-profit diversified public-private partnership that supports the missions of the MEDC and MSHDA by aggregating capital and facilitating the financing & development of low income/ attainable housing. Michigan Community Capital is a US Treasury Certified CDFI and CDE and is a public private partnership which fosters investment in disadvantaged communities, including rural communities and communities of color by providing loans, equity investments and direct development and development support. Our financial and community development tools help disadvantaged people and communities eliminate blight, provide safe and attractive affordable housing and revitalize downtown districts in Michigan devastated by disinvestment. We partner with banks under the CRA, philanthropy, federal, state and local governments to tackle problems and projects previously unsolvable. We are an IRS supporting organization to the Michigan Economic Development Corporation and the MI State Housing Development Auth.
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2003
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Home - Michigan Community Capital Investing in Places Where People Come First Michigan Community Capital acts as a partner andfacilitator in transformational projects across the state of Michigan 1. 6 BILLION Community Impact 402 MILLION New Markets Tax Credits Deployed 5. 7 MILLION SQFT Built or Rehabbed 1618 Residential Units Financed 6863 Permanent Jobs CreatedRetained 23 MILLION Loan Volume WHO WE ARE Michigan Community Capital is a 501c3 nonprofit that exists to promote community and economic development the creation of wealth and job opportunities and to facilitate investment of private and public capital in Michigan. At our core we are focused on driving economic mobility of low and moderateincome Michigan residents and communities.
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Michigan Community Capital
Earlier this year MCC welcomed Amber Smith to our team as staff accountant. 🎉 In her role, Amber will use her keen eye for detail to perform routine financial tasks across all of the various entities that comprise the consolidated financial reporting of the organization. We’re excited to have Amber on board.
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Economic Development Category
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