Founders & Funders
METRO COMMUNITY DEVELOPMENT WAS FOUNDED BY:
The Charles Stewart Mott Foundation
FirstMerit Bank (formerly Citizens Bank)
Chase Bank (formerly NBD Bank)
Bank of America (formerly Michigan National Bank)
Hurley Medical Center
City of Flint
Genesee County Metropolitan Planning Commission
IN ADDITION, THE FUNDING PARTNERS INCLUDE:
Community Foundation of Greater Flint
The Housing Partnership Network
Michigan State Housing Development Authority
Ruth Mott Foundation
U.S. Department of Housing and Urban Development
U.S. Department of Labor
U.S. Department of Treasury
United Way of Genesee County
Identifying and selecting target areas within the greater Flint Metropolitan area on which to focus the comprehensive revitalization efforts of the Corporation in order to improve physical and socio-economic conditions therein and thereby reduce the burden on the federal, state and local government to provide social and welfare programs to the residents of such areas.
Demonstrating the ways in which targeted public/private resources can provide a return on investment to sponsors and financiers through improvement of the overall socio-economic climate of the community.
Increasing private sector support for affordable housing and neighborhood revitalization through the establishment and maintenance of affordable housing financing programs.
Building the production capacity of nonprofit housing developers in the greater Flint Metropolitan area through the provision of training, professional and technical assistance and by increasing the availability of financial resources.
Combating community blight and deterioration in the greater Flint Metropolitan area by helping to maintain, improve and increase the supply of affordable housing to lower income residents of the area through educational activities and financing programs.