MI First Credit Union new youth banking app helps establish healthy financial habits earlier
Michigan First Credit Union launched a free mobile banking app — Finley, for kids and teens to help develop healthy financial habits early.
Block by Block
Block by Block is a solutions journalism series that is supported by CEDAM, Michigan CDFI, and Invest Detroit, and is focused on community development leaders and initiatives in Michigan.
CRA proposed rollbacks could mean roadblocks for community development
Recently proposed rollbacks to the CRA would weaken bank obligations to invest, lend, and provide services to low and moderate-income communities. These rollbacks would be roadblocks to positive, impactful community development.
Minock Park Place provides new affordable senior housing for Grandmont Rosedale neighborhood’s older residents
In the heart of Detroit’s Grandmont Rosedale neighborhood, a 42-unit, mixed-use development has given senior citizens brand-new affordable housing. Minock Park Place was seven years in the making, and marks the first affordable senior housing community in the neighborhood, located at 19505 Grand River Ave. — a vital commercial and cultural artery.
CDFIs investments in childcare allows daycares like Detroit’s Lil Love Bugs to further invest in children’s futures
Childcare is not a family issue, but a workforce issue. Members of the MI CDFI Coalition showcase how investing in quality, affordable childcare and early childhood education positively impacts the entire community.
One Detroit Credit Union brings two new CDFI branches to serve the underserved, unbanked communities
In an effort to serve the underserved, One Detroit Credit Union is expanding its reach with two new branches, both in shuttered former financial institutions. In doubling-down on their commitment to provide more than banking to Metro Detroiters — these branches offer the community products, services and resources for financial health and wealth building.
Modular building, 3D construction paves way for innovative solutions to the housing crisis
As Michigan's affordable housing shortage continues, developers are exploring modular construction and 3D printing as innovative ways to reduce building time and address labor shortages.
Community developers’ pride for area fuels investment, catalyst for change, growth in Detroit neighborhoods
Community developers know, care for, and invest in their neighborhoods. Together with community development institutions (CDFIs), small development projects can have a huge impact on their neighborhoods, serving as a catalyst for future growth.
Detroit Housing for the Future Fund returns to drive affordable housing, stable neighborhoods
The second phase of the Detroit Housing for the Future Fund (DHFF) returns, offering communities across the city the opportunity for more affordable, stable neighborhoods.
Detroit CDFI Coalition celebrates impact, advocates for funds to further propel growth, prosperity in communities
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.
Hemp 4 Humanity builds foundation for sustainable homes using all-natural, energy-efficient material
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.
