Save the Date…

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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• Mission Statement

  The Michigan Interfaith Trust Fund fosters economic and social justice by providing loans and technical assistance for affordable housing and economic development throughout Michigan.

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• Our Work

  Throughout the Trust Fund’s 25 year history, our loan programs have had the following impact on the communities we serve.

  (as of March 31, 2010)

  • 2,123 housing units assisted
  • 273 loans for affordable housing
  • $27.3 million loaned for affordable housing
  • $80.2 million leveraged from other sources for affordable housing
  • 412 jobs created through economic development lending
  • 125+ (minimum) childcare slots created by economic development lending
  • 134,735 square feet developed or rehabbed
  • 60 loans for economic development
  • $3 million loaned for economic development
  • $17.4 million leveraged from other sources for economic development