Missions Possible

8900 Gratiot, LLC

In August of 2011, The Fund made two loans to 8900 Gratiot, LLC (one for $500, 000 and another for $88, 450). These loans are being used for construction of a new, mixed-use development that will include 11 rental units for low-income residents (60% or lower of median income). Located on the northeast side of Detroit in the Gratiot Woods Neighborhood, the project is expected to strengthen the existing commercial corridor and provide walkable access for area residents. Construction is expected to be completed by July of 2012.





Lafayette Place Lofts, LLC

This loan was made to Lafayette Place Lofts, LLC in January of 2011 for up to $550,000 for predevelopment funding for the rehabilitation of a vacant building in Downtown Pontiac. This development will be mixed-use and will include 54 housing rental units, 27 one bedroom and 27 two bedroom apartments for low to moderate income residents (incomes will not exceed 120% of median income). Lafayette Place Lofts is expected to create 107 full time jobs, promote foot traffic and bring new business to Downtown Pontiac.





Manna McKinley Housing Partners

In April of 2011, the Fund approved a loan for Manna McKinley Housing Partners, LDHALP for up to $91,800 for the acquisition and rehabilitation of a vacant building on the west side of Detroit. McKinley Manor Apartments will feature eight, two-bedroom apartments that will be rented to low income residents.

Harvest Now Ministries International

This loan was made in 2001 and the original loan amount was $60,000. With these funds the organization provided affordable rental housing to 8 adults with disabilities in Mancelona, in Antrim County. Our loan leveraged another $256,000 from others sources to complete the project.




Chippewa-Luce-Mackinac Community Action Human Resource Authority, Inc. provides supportive rental housing in Sault Ste. Marie in Chippewa County. In 2003 the Fund provided them with a loan for $100,000 to acquire vacant land. In 2004, the Fund provided financing, along with the Great Lakes Capital Fund, totaling $700,000.00 for a 36-unit apartment building for senior citizens.

Giving Tree Farms

Giving Tree Farms is a Christian service nonprofit organization established in 1991 by family members of the disabled and Lansing community leaders. They are a certified organic grower of garden produce and herbs, giving people with disabilities the ability to work with others toward a shared goal.


Giving Tree residents plant, cultivate and harvest garden produce. The fruits of their labor are donated to area charities. Our first loan to Giving Tree Farm was made in 2002.





Springhill Housing Corporation

From 2003 to 2005 the Fund made three loans, totaling $73,093, to Springhill Housing Corporation, with offices in Troy. They used the loans to purchase three apartments that they rent to five people with developmental disabilities. These apartments are located in Mt. Clemens and Fraser.



Sugar Law Center for Economic and Social Justice

Founded in 1991, the Sugar Law Center for Economic and Social Justice is a Detroit-based national nonprofit organization dedicated to defending the rights of working people and their communities. Sugar Law works alongside unions to support better working conditions, and helps communities hold corporations to their promises of job creation.


Sugar Law needed to extend contact to the broader public, so they developed a plan to reach more working people and policymakers. Increasing the organization’s outreach also meant obtaining financial resources to meet program goals and objectives. We assisted Sugar Law with a working capital loan, helping the organization continue their project plans. With the ability to reach more people and lawmakers, this partnership furthers both of our missions.


This loan was completely repaid in 2010 during which they served more than 2000 clients by providing legal advice and counsel on matters related to unfair employment practices. They were successful in reaching a satisfactory settlement in 26 cases in 2010 and lost 11, however many of these are pending appeal.





Shep’s Beauty & Barber Shop

The Fund provided a loan of $25,600 to rehabilitate a building that houses Shep’s Beauty & Barbershop. The loan also helped purchase new equipment and further develop the business.

Avalon Housing

In 2007 the Fund gave two loans to Avalon Housing totaling $992,100 to acquire two apartment buildings in Ann Arbor. The loan resulted in 10 affordable apartments for low income people, some of whom were recently homeless.

In 2008 the Fund made another loan to Avalon that enabled them to purchase the Pear Street Apartments. The $1.3 million loan resulted in 20 units of affordable rental housing in Ann Arbor.

Dawn Farm

The Fund made two loans to Dawn Farm, located in Ypsilanti, totaling $341,460.The first loan in 2002 was to purchase and rehab an apartment building in Ann Arbor that resulted in six units of transitional housing for people. The housing provided long-term recovery for people suffering from addiction.


In 2007 they used another loan to purchase an apartment building in Ann Arbor that provides another eight units of transitional housing for people recovering from addiction.