Springwells Partners Lease Commercial Space
Filed under: Michigan Development News
The Michigan Interfaith Trust Fund was recently awarded a grant from the CDFI Fund. The Trust Fund recently closed a loan to Southwest Housing Solutions in Detroit for refinancing the Springwells Partners project. The Springwells Partners project included 54 affordable apartments and 6500 square feet of commercial space. Recently, a promising entrepreneur signed a lease with Southwest Solutions to open her own salon called Model Behavior. Read more about this success story below…
New salon, Model Behavior, opens up shop on W. Vernor
Helen Shaw has opened Model Behavior, a newly renovated space on W. Vernor in Southwest Detroit. The salon is a new venture for Shaw, who attended cosmetology school after being laid off from her factory job in 2005. She decided to open her own business after determining that the rent on her new space would be less than leasing a bay at the salon in which she currently works. Although Shaw initially had her heart set on a different storefront, she says Southwest Solutions “made it really easy for me to get into the space.” The location is near her home and the building is newly renovated. “I like the area, it’s really nice over there,” she says.
Shaw specializes in women’s hair of all types. Cutting, styling, coloring and weaving is available. Hours are Monday through Saturday 8 a.m. to 6 p.m. Please call (313) 551-6033 for an appointment.Source: Helen Shaw, Model Behavior and Steve Palackdharry, Southwest Solutions
Save the Date…
Filed under: Michigan Development News
Each year at our annual “Borrowers and Burners” luncheon we recognize community-based entrepreneurs and economic developers whose organizations borrowed dollars or repaid their loans to the Michigan Interfaith Trust Fund during the past year.
We hope that you will mark your calendar and plan to attend and help us celebrate.
Michigan Interfaith Trust Fund~Annual Luncheon
Kellogg Center
June 2, 2010
Please check back for more information or feel free to contact Melodie at our Lansing office for further details.
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