MITF's Community Investment Program pools money entrusted to it through gifts and investments by
individuals, religious communities, corporations and foundations. The MITF has NEVER lost a single
dollar of investor capital!
MITF's Lending Program makes loans at below-market interest
rates to community-based organizations developing affordable housing for individuals and families
in Michigan. Loans are also made to foster economic development, for nonprofit facilities, and for
growing and strengthening microenterprises in underserved areas. Experienced staff and two loan
committees comprised of expert volunteers from the Board of Trustees and the general community
review loan requests.
The Consumer Loan Fund offers last resort financing to cover
housing-related expenses such as: first month's rent, security deposits, payment of back rent,
utility costs, etc. Borrowers must demonstrate sufficient income and commitment to repay the loan,
and have an open case with a Community Health Agency.
MITF's Technical Assistance Program
works with nonprofit organizations helping low-income individuals, communities, and groups to
provide affordable housing development and in-capacity building efforts of community-based housing