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...

Fellow Feature: The Unique Opportunity for Small Towns to Achieve Energy Goals
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Fellow Feature: The Unique Opportunity for Small Towns to Achieve Energy Goals

By Heather Nugen, Eaton Rapids community development fellow I moved to Eaton Rapids, Michigan last fall as part of CEDAM’s year-long community development fellowship. I have been living in larger urban areas for most of my life, but cities with lush landscapes aren’t unfamiliar to me. I grew up in Spokane, Washington, never more than...

Community Investment Tax Credit Programs: Catalysts for Locally-driven Solutions
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Community Investment Tax Credit Programs: Catalysts for Locally-driven Solutions

By Natalie Rogers, junior policy associate Community Development Corporations (CDCs) address a wide-range of problems and are well positioned to do the work their community needs and wants. While CDCs have the potential to address local issues in their community, their funding models often limit what they are able to accomplish. The limitations under the...

Redlining, I-496 and Lansing’s African-American Community
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Redlining, I-496 and Lansing’s African-American Community

By Natalie Rogers, junior policy associate On a sunny Saturday afternoon at the South Lansing Capitol District Library, Dr. John Aerni-Flessner stood in front of a packed room of Lansing community members. The MSU Residential College for the Arts and Humanities (RCAH) assistant professor was there to present the early findings from a research project...

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...

Federal Tax Changes: What Should You Do If You Owe More Than Expected?
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Federal Tax Changes: What Should You Do If You Owe More Than Expected?

By Ross Yednock, MEIC Program Director There have been significant federal tax changes during the past few years that will impact hard working taxpayers across Michigan. One of those changes resulted in the delay of some refunds, while the most recent appears to yield smaller refunds. Changes as a result of the Tax Cuts and...

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...

Michigan Communities for Responsible Lending Coalition to Tackle Payday Loans
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Michigan Communities for Responsible Lending Coalition to Tackle Payday Loans

By Emily Reyst, communications & training associate Background In July, CEDAM established the Michigan Communities for Responsible Lending (MCRL) coalition, its goal being to create opportunities for Michigan residents to build and save assets, improve access to quality financial education and connect borrowers to affordable financial products. The coalition plans to address the payday lending...