Investing in places where people come first
Michigan Community Capital (MCC) is committed to building more equitable communities by providing financing for mixed-income housing, healthy food access, education and training programing, community development, job creation, and economic development. As a Community Development Financial Institution (CDFI), MCC works with community-minded projects and mission-focused organizations to create flexible loan products that fill a unique financing gap.
- MCC is a trusted partner with nonprofits, governments, and small and large businesses throughout the state of Michigan.
- We design our loans to serve projects that need them most, so loan terms are flexible and tailored to the specific project being financed.
Michigan Community Capital Loan Options
Real Estate Loans
Financing for real estate loans may include construction and/or permanent financing for projects that create strong community impacts, have diverse funding sources and require more flexible terms.
Bridge Loans
Bridge loans to finance tax increment financing reimbursements and/or grants into the project.
Predevelopment Loans
Predevelopment loans are customized to provide repayment terms that accommodate the needs of the project’s construction and permanent financing.
Leo & Alpine
Leo and Alpine (Leo & Al) is a mixed-income, mixed-use development located in the West Grand Neighborhood in Grand Rapids, Michigan. The development is partnership between Third Coast Development, LLC andPK Development, LLC and was supported by Michigan CommunityCapital with a construction and permanent loan in 2018.
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Thompson Block
Michigan Community Capital provided a bridge loan to The Original and Only Thompson Block, LLC to finance the activation and historic redevelopment of the Thompson Block building in downtown Ypsilanti. The first floor was converted into the full service restaurant – Thompson & Co. The second and third floors were converted into 20 loft-style apartments known as the the Thompson Block Lofts.
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In accordance with federal laws and U.S. Department of the Treasury policy, this organization is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. To file a complaint of discrimination, write to: U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity 1500 Pennsylvania Avenue, N.W., Washington, DC 20220, or call (202) 622-1160, or send an e-mail to: crcomplaints@treasury.gov.
De acuerdo a lo establecido por las leyes federales y las políticas del Departamento del Tesoro esta organización no puede discriminar por causa de raza, color, origen nacional, sexo, edad, o porque una persona tiene impedimentos. Para presentar una queja sobre discriminación, escriba a:
U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity 1500 Pennsylvania Avenue, N.W., Washington, DC 20220; llame al (202) 622-1160; o envíe un correo electrónico a: crcomplaints@treasury.gov.