Out of Reach Report Reveals Gap Between Renters’ Wages and Housing Costs in Michigan
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Out of Reach Report Reveals Gap Between Renters’ Wages and Housing Costs in Michigan

STATEWIDE CONTACTS Emily Reyst Communications & Training Specialist, CEDAM emily@cedamichigan.org | 517.485.3588 Eric Hufnagel Executive Director, MCAH ehufnagel@mihomeless.org |517-853-3885 Housing is Out of Reach in Michigan for Low-Wage Workers Michiganders earning minimum wage must work 58 hours per week to afford a one-bedroom rental home Michigan, June 18—The National Low Income Housing Coalition released their...

Lapeer County Community Foundation Launches Child Savings Account Initiative
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Lapeer County Community Foundation Launches Child Savings Account Initiative

      Lapeer County Community Foundation Launches Child Savings Account Initiative FOR IMMEDIATE RELEASE Lapeer County, Michigan – The Lapeer County Community Foundation (LCCF) is pleased to announce the Lapeer County Education Attainment Fund (LEAF). Beginning this fall, every kindergartener in the county will have an education savings account at ELGA Credit Union. The...

HB 4251 Would Cap Rates on Triple-digit Interest Predatory Loans in Michigan
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HB 4251 Would Cap Rates on Triple-digit Interest Predatory Loans in Michigan

FOR IMMEDIATE RELEASE               February 27, 2019 Contact: Jessica AcMoody, Senior Policy Specialist, CEDAM                 acmoody@cedamichigan.org | 517.485.3588 HB 4251 Would Cap Rates on Triple-digit Interest Predatory Loans in Michigan Lawmakers should pass 36% rate cap to stop the payday lending debt trap LANSING, MI...

CFPB Moves to Gut Payday Lending Rule Designed to Reduce Abuses; State Protections Are Crucial
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CFPB Moves to Gut Payday Lending Rule Designed to Reduce Abuses; State Protections Are Crucial

FOR IMMEDIATE RELEASE     February 7, 2019 Contact: Jessica AcMoody, Senior Policy Specialist, CEDAM 517.485.3588 ext. 1944 | acmoody@cedamichigan.org A 36% Usury Cap Would Keep Loan Sharks at Bay Lansing, MI — Today, the Consumer Financial Protection Bureau (CFPB) moved to gut the agency’s own consumer protections against predatory payday lenders, leaving Michigan families exposed...

Anthony Introduces Resolution to Promote Child Savings Accounts
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Anthony Introduces Resolution to Promote Child Savings Accounts

FOR IMMEDIATE RELEASE Friday, Dec. 21, 2018 Contact: Rep. Sarah Anthony Phone: (517) 373-0826 Legislator hopes to increase the awareness of the benefits of CSAs LANSING — State Rep. Sarah Anthony (D-Lansing) introduced House Resolution 479 today, which designates December 21 as Children’s Savings Account Awareness Day. Children’s Savings Accounts (CSAs) offer several benefits for families, including the...

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Community Development Fellows Add Capacity to Nine Rising Tide Communities

FOR IMMEDIATE RELEASE December 6, 2018 Contact: Sarah Teater, Community Development Fellowship Coordinator, CEDAM 517.485.3588 ext. 1949 | teater@cedamichigan.org Community Development Fellows Add Capacity to Nine Rising Tide Communities Fellows will bring stakeholders together to implement transformational projects LANSING, MI—This week, nine Rising Tide communities welcome a fellow to add capacity in their community. Over...

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Payday Lenders Strip a Half Billion Dollars in Five Years from Vulnerable Michiganders

New research reveals disproportionate concentration of payday lenders in Michigan rural and low-income neighborhoods and communities of color For Immediate ReleaseSeptember 11, 2018 Contact: Jessica AcMoody, Senior Policy Specialist, CEDAM517.485.3588 ext. 1944 | acmoody@cedamichigan.org DURHAM, N.C. — Payday lenders have targeted vulnerable Michigan communities, disproportionately locating their stores in communities of color, rural areas and...

Introducing New CEDAM Team Member Sarah Teater, Project Rising Tide Fellowship Coordinator
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Introducing New CEDAM Team Member Sarah Teater, Project Rising Tide Fellowship Coordinator

By Camille Allen, junior communications associate CEDAM is excited to welcome Project Rising Tide (PRT) Fellowship Coordinator Sarah Teater to the team! PRT is a Michigan Economic Development Corporation (MEDC) program designed to provide at-risk communities with the tools they need to attract business investment and create a sustainable economic development framework. In each Rising...

CEDAM to Administer the Project Rising Tide Fellowship Program
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CEDAM to Administer the Project Rising Tide Fellowship Program

CEDAM will work with fellows across 10 MEDC Rising Tide communities to help build successful communities Lansing, MI—The Community Economic Development Association of Michigan (CEDAM) is pleased to announce that the Michigan Economic Development Corporation (MEDC) has awarded CEDAM a grant to administer the Project Rising Tide Fellowship Program. The Project Rising Tide Fellowship Program...

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CEDAM’s 2018-19 Executive Committee Board Members Announced

Lansing, MI – The Community Economic Development Association of Michigan (CEDAM) is pleased to announce its 2018-19 executive committee board members Glenn Wilson (president), Kirsten Elliott (vice president), Al Martin (treasurer) and Dennis West (secretary). Elliott and Martin are new to the executive committee, while Wilson returns as president and West returns as secretary. “I...

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