SocialFunds.com

Community Investment Center
Back to Community Investment Center
Powered by: SRI World Group web development services Calvert Foundation
Michigan Interfaith Trust Fund

Program

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 development organizations.

Back to Community Investment Center

Mutual Funds | Community Investing | News | Sustainability Reports | Corporate Research | Shareowner Actions | Financial Services | Conferences
Home | Login | Contact | Support This Site | Terms of Use | Privacy Statement | Reprints


© 1998-2017 SRI World Group, Inc. All Rights Reserved.

Created and maintained by
SRI World Group web development services
Do your own research Work with an advisor SRI News SRI Learning Center Home