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Develop Michigan is an innovative nonprofit development finance organization formed through a partnership between the State of Michigan, Great Lakes Capital Fund (GLCF) and the Development Finance Group (DFG). Develop Michigan 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 State of Michigan provided $20 million to launch this effort and to help provide lower-cost financing to creditworthy projects in the State of Michigan.  Private-sector capital will leverage the State’s money to provide a substantial pool of capital to Developers and Sponsors.

Develop Michigan is managed by a partnership between GLCF, a Lansing-based, nonprofit Community Development Financial Institution with 20 years and $2.5 billion dollars of investment experience, and the DFG, a consulting partnership with a 42-year history of designing and successfully building fifteen development finance organizations across the nation.

Develop Michigan 1118 S. Washington • Lansing, MI 48910  • Tel: (517) 364-8951  • info@developmichigan.net
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