What began more than a quarter of a century ago as two separate entities has now grown into one of the most needed loan funds in the state, sparking change and promoting social justice for all. The long history of the Opportunity Resource Fund is characterized by successful lending and the drive to make worthwhile investments in Michigan’s communities.


Planning began for Michigan Housing Trust Fund (MHTF) in 1984 via the Michigan Housing Coalition. A grant of $125,600 from Michigan State Housing Development Authority (MSHDA) funded these crucial planning stages, which soon led to MHTF becoming incorporated in 1985.


In 1988, Bishop H. Coleman McGehee approached the National Convention of the Episcopal Church in Detroit with a plan for an economic justice ministry. With their help, the Bishop H. Coleman McGehee Economic Justice Fund was established in 1988, and later transitioned into an interfaith loan fund.


In 1991, MHTF reached a cumulative total of $1 million in affordable housing loans. This was a huge milestone for the Fund; their efforts were helping to raise the standard of living in some of Michigan’s most deprived communities.


The McGehee Interfaith Loan Fund and MHTF merged in 2004 to pursue the fundamental ideals of social and economic justice. Their merger formed the Michigan Interfaith Trust Fund (MITF), a nonprofit fund that provided access to capital to nonprofits in low-income communities for affordable housing and community development projects.


To celebrate 25 years of service and to show a renewed commitment to Michigan’s communities, MITF became the Opportunity Resource Fund in 2010.