Develop Michigan – Bringing Revitalization to Michigan
DEVELOP MICHIGAN HAS INVESTED MORE THAN $69 MILLION IN 20 DEVELOPMENTS ACROSS MICHIGAN
Develop Michigan (DMI) is an innovative development finance organization formed through a partnership between the Michigan Economic Development Corporation (MEDC), Cinnaire and the Development Finance Group (DFG). DMI plays a dynamic role in financing commercial real estate projects and is designed to supplement current efforts to transform and rehabilitate the Michigan economy. The MEDC provided $20 million to help launch this effort and to help provide financing to creditworthy projects in the State of Michigan.
DMI is managed by a partnership between Cinnaire and the DFG. Cinnaire, a Lansing-based, non-profit Community Development Financial Institution (CDFI) has over 20 years and $3.7 billion of investment experience. DFG is a partnership consisting of Strategic Development Solutions and First Infrastructure.