MCUL Community Reinvestment Initiative: About CRI: CRI Strategic Areas: COOL Cities: Affordable Lending Programs

	- CRI Strategic Areas
	Financial Education Council Modest Means Council Economic Solutions Council Affordable Lending Programs Home Loan Payment Relief Program Michigan State Housing Development Authority (MSHDA) Risk Based Lending StretchPay Loan Career Transition Program Public Communications Working Group CU Access and Growth Working Group CRI Programs and Initiatives

CRI Home Page > About CRI > CRI Strategic Areas > Economic Solutions Council > Affordable Lending Programs

Affordable Lending Program

In addition to providing traditional loan products at rates lower than those offered by other providers, credit unions also provide affordable loans that assist members of modest means. The CRI survey results support this finding as shown in the chart below:

Community Reinvestment Initiative Mission Statement
	"To bring together public and private entities to explore opportunities for strengthening communities by improving the financial well being of Michigan residents with an emphasis on underserved areas."