Economic Development

Coverage of projects, big and small, and the people who create them, which promote the economic health of a community, including manufacturing, retail, office, and hospitality developments.

Adaptive re-use of LaunchCode’s facility opens doors for future technology development workforce

Impactful developments don’t always come from brand-new, ground-up builds. Sometimes significant renovations to an existing building can open the doors for expanded capacity, programming and a further revitalization of the surrounding community. With support from IFF, LaunchCode was able to complete an adaptive re-use of a former state unemployment office for their technology workforce development nonprofit.

Latest in Economic Development
CDFIs investments in childcare allows daycares like Detroit’s Lil Love Bugs to further invest in children’s futures

Childcare is not a family issue, but a workforce issue. Members of the MI CDFI Coalition showcase how investing in quality, affordable childcare and early childhood education positively impacts the entire community.

Early childhood millages strengthen childcare system

Kalamazoo childcare millage would be a test case for the state.

One Detroit Credit Union brings two new CDFI branches to serve the underserved, unbanked communities

In an effort to serve the underserved, One Detroit Credit Union is expanding its reach with two new branches, both in shuttered former financial institutions. In doubling-down on their commitment to provide more than banking to Metro Detroiters — these branches offer the community products, services and resources for financial health and wealth building.

Childcare workforce crisis fuels push for wage reforms

Without sustained investment, families will continue to have difficulty accessing stable, high-quality childcare.

The wheels on the bus go ’round and ’round: Grand Rapids’ Central Station Early Childhood Center

The Rapid takes mom and dad to work -– and the littles to a brand new daycare opening in September 2026.

Improved child care spaces building stronger beginnings for Detroit families

Stronger ECE Spaces is helping child care providers stabilize and improve facilities.

Coalition proposes that no family pay more than 7% of their income for child care

Universal Childcare without Conditions centers affordability for families and sustainability for providers.

Coalición propone que ninguna familia pague más del 7 % de sus ingresos por el cuidado infantil

El cuidado infantil universal sin condiciones pone en el centro la asequibilidad para las familias y la sostenibilidad para los proveedores 

رعاية الأطفال الشاملة دون قيود تحالف يقترح ألّا تتجاوز تكلفة رعاية الأطفال 7% من دخل الأسرة

ويمثّل تحالف "رعاية الأطفال الشاملة دون قيود" مسعى على مستوى الولاية لإعادة تصوّر آليات تمويل رعاية الأطفال والوصول إليها، مع إيلاء الأولوية لقدرة الأسر على تحمّل التكاليف، واستدامة المزودين، والإنصاف عبر المجتمعات كافة. ويستند نهج التحالف في جوهره إلى صوت المجتمع بالكامل.

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