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Federal grant programs / Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP)

Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) in Michigan

Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) (21.033) awarded $34.3 million to recipients in Michigan in 15 grants from fiscal 2021 to 2025, 2.0% of the program's national total. Public Service Credit Union received the most, $5.0 million.

By year

Grants under this program to recipients in Michigan
Fiscal yearAwardsAmount
FY 2021No awards
FY 2022No awards
FY 202315$34.3 million
FY 2024No awards
FY 2025No awards

Recipients in Michigan

The 10 largest, fiscal 2021 to 2025
RecipientTypeAwardsAmount
Public Service Credit UnionOther1$5.0 million
One Detroit Credit UnionOther1$4.3 million
Michigan First Credit UnionNonprofits1$3.7 million
Ignite Credit UnionOther1$3.5 million
Opportunity Resource FundNonprofits1$2.5 million
Elga Credit UnionOther1$2.5 million
Northern Great Lakes InitiativesNonprofits1$2.5 million
Omni Community Credit UnionOther1$2.5 million
Invest Detroit FoundationNonprofits1$2.4 million
Chi Ishobak IncNonprofits1$2.1 million

Counted by the recipient's location. A recipient based in Michigan may carry out the work elsewhere.

Open opportunities under this program

None is open or forecast on Grants.gov right now.

Questions people ask

How much Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) money goes to Michigan?

$34.3 million from fiscal 2021 to 2025, across 15 awards. Michigan ranks 16th of 47 states and territories for this program.

Who receives Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) money in Michigan?

The largest recipient is Public Service Credit Union, with $5.0 million in 1 award. Next are One Detroit Credit Union and Michigan First Credit Union.

Can organizations in Michigan apply now?

No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year.

Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) in other states

Other large programs in Michigan

All federal grants in Michigan

Amounts are federal obligations reported to USAspending.gov for fiscal 2021 to 2025; see how our data works.