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News

Award-winning year at Michigan Community Capital 

December 19, 2023 |

MCC receives nine recognition awards in 2023.  LANSING, MICH. – 2023 was an award-winning year for Michigan Community Capital (MCC) who accepted nine recognition awards for multiple developments and New Markets Tax Credits investments.   Five national recognitions received in 2023 included:  Jack Kemp Excellence in Affordable and Workforce Housing from the Urban Land Institute (ULI) […]

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Vantage Plastics Expansion Creating Job Opportunities in Bay City

December 6, 2023 |

Michigan Community Capital invests New Markets Tax Credits into thermoforming company expansion.  FOR IMMEDIATE RELEASEDecember 6, 2023  LANSING, Mich. – Vantage Plastics, a family-owned and operated custom thermoforming company, received $6.5 million in New Markets Tax Credit (NMTC) allocation from Michigan Community Capital (MCC) yesterday. This allocation will be utilized for the purchase and installation […]

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Goodwill’s Green Works Expanding Job Opportunities for Detroiters

November 17, 2023 |

Michigan Community Capital invests New Markets Tax Credits into job- creation expansion project in Detroit. FOR IMMEDIATE RELEASE November, 17, 2023 LANSING, Mich.– Goodwill’s Green Works (GGW), a nonprofit industrial recycling subsidiary of Goodwill Industries of Greater Detroit, received $6.5 million in New Markets Tax Credit (NMTC) allocation from Michigan Community Capital (MCC) yesterday. This […]

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MCC Awarded $65 Million in New Markets Tax Credit Allocation 

September 25, 2023 |

Michigan Community Capital (MCC) is pleased to announce their award of $65 million in New Markets Tax Credit (NMTC) allocation from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) on Friday, September 22, 2023. For the third annual funding round in a row, MCC has been awarded the highest allocation amount available which is reflective of MCC’s track record for deploying New Markets Tax Credits into impactful and transformative projects in rural and urban communities throughout Michigan. 

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Welcome New Board Members

July 14, 2023 |

Michigan Community Capital recently welcomed two new board members to its Board of Directors. View the entire MCC Board of Directors here. Stephanie Osterland Chief Executive OfficerHABITAT FOR HUMANITY DETROIT Joined Michigan Community Capital Board of Directors in September 2023 After serving as Program Director at a neighboring Habitat affiliate for 8 years, Stephanie joined […]

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Contact

Email: media@miccap.org

Phone: 517.334.0545

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