Detroit CDFI Coalition members continue to collaborate together, and advocate collectively for consistent Michigan CDFI funding to further propel their impactful mission-driven work in communities.
Cody Ley, a past CEDAM real estate development boot camp participant, is passionate about creating affordable, sustainable housing using hempcrete — a resilient, energy-efficient material. Through his nonprofit, Hemp 4 Humanity, he hopes to empower and connect communities to promote a circular economy.
A new private-partnership between the Detroit Economic Growth Corporation (DEGC) and the City of Detroit — Detroit Capital Hub — serves as a matching program introducing small businesses to the lender best able to serve them.
CDFIs like ProsperUs and Invest Detroit have a passionate commitment to uplifting neighborhoods in the city. Their latest investments have helped two new stores carry on the legacy of the Livernois McNichols corridor’s small business ecosystem.
With fair financing, non-predatory loans, and strong community ties, credit unions create empowerment and ownership for their members.
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