How is the Trust Fund Helping Michigan?
Throughout the Trust Fund’s 24 year history, our loan programs have had the following impact on the communities we serve.
(accumulative totals as of June 30, 2009)
2,062 housing units assisted
270 loans for affordable housing
$26.5 million loaned for affordable housing
$79.6 million leveraged from other sources for affordable housing
337 jobs created through economic development lending
125+ (minimum) childcare slots created by economic development lending
128,235 square feet developed or rehabbed
55 loans for economic development
$2.6 million loaned for economic development
$16.6 million leveraged from other sources for economic development

