Block by Block is a solutions journalism series that is supported by IFF, CEDAM and Invest Detroit, and is focused on community development leaders and initiatives in Michigan, Ohio and Indiana.
For the past 10 years, IFF has been investing and committed to providing community financial support across Michigan, including Eastside Detroit neighborhoods. Some of their latest projects fill the gap by providing high-quality accessible, affordable childcare at Detroit Prep, and McClellan Early Childhood Center.
FHLBank Indianapolis HomeBoost program offered up to $15,000 in down payment and closing and counseling costs assistance in its pilot year. For the program's return, those who qualify can receive up to $25,000.
Traverse City's Commongrounds is a mixed-use building, offering affordable housing, co-working space, a coffee shop, child education center, and performance venue. It's the first real estate cooperative in northern Michigan.
Quality child care is necessary, but not always available or affordable. The MiLEAP Caring for MI Future: Facilities Improvement Fund has launched a $59 million fund to provide new and expanding home-based and center-based facilities across the state.
Michigan communities are repurposing spaces to bring services, create meeting places, and meet the many needs of neighborhood residents.
As part of the Region I Regional Housing Partnership, the Capital Area Housing Partnership and the Tri-County Regional Planning Commission are tasked with developing local action plans to address the housing crisis. City and state government, neighborhood developers including Forsberg Real Estate, and area nonprofits are working together to address homelessness in greater Lansing and to attract residents to Eaton Rapids.
Although headquartered in Indiana, the FHLBank of Indianapolis provides access to grant programs and resources for small businesses throughout Michigan. The Elevate Grant aims to generate more economic opportunity for all, and helps small businesses like Mushroom House Tours in Charlevoix and The Poke Bowl in Flint to level up.
Michigan has a huge housing shortage. To address this need, many communities are utilizing community land trusts, like ICCF, to ensure affordable homeownership for generations to come.
Corktown Health has evolved and grown from offering end-of-life services during the HIV/AIDS epidemic to providing primary care for the LGBTQ community. Through financial support from IFF, and through partnerships with local organizations including MiGen, the health network continues to provide a life-changing impact on the patients it serves.
As part of the Make it in Michigan Strategy, the state of Michigan has new finance tools and opportunities to convert vacant land into housing via the Transformational Brownfield Fund and tax increment funding. The State Land Bank Authority and Michigan Community Capital are working with state, local, and federal organizations to develop attainable workforce housing in their communities.
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