- Program Flint Area
- Program Area Restoring Community Vitality
- Grant Amount $50,000
- Grant Period January 1, 2024–December 31, 2024
- Location Lansing, MI, United States
- Geographic Focus Flint, Michigan
About this grant
This grant will provide general purposes support for the Michigan CDFI Coalition to ensure that low- and moderate-income individuals, businesses and communities gain access to the banking system. To meet the goal of increasing access to the banking system, the grantee will: 1) create and provide direct technical training opportunities to low- and moderate-income borrowers; 2) undertake best practice research, sharing and implementation amongst members; 3) ensure no wrong door to enter the banking system, including designing a referral system for borrowers; 4) produce and share reports on banking needs in low- and moderate-income communities based on extensive data collection; and 5) through ongoing education to policymakers, highlight the need for more resources being deployed directly to Michigan community development financial institutions.