Get to Know the Building Michigan Together Plan: The Housing and Community Development Fund
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Get to Know the Building Michigan Together Plan: The Housing and Community Development Fund

In March 2022, the Michigan legislature passed the Building Michigan Together Plan (Senate Bill 565): a $4.6 billion bipartisan bill that will offer substantial investments in the state’s infrastructure, including water, housing, roads, internet access, and parks. This is a historic accomplishment, and will pose the opportunity for organizations across the state to advance equity-driven...

EITC Awareness Day: Renewed bipartisan support for State expansion
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EITC Awareness Day: Renewed bipartisan support for State expansion

Authors: Brian Rakovitis & Madeleine March-Meenagh Today marks the 16th annual Earned Income Tax Credit (EITC) awareness day. On this day, the IRS calls upon organizations across the country to raise awareness about this crucial federal tax credit. As we bring attention to the federal EITC, we want to raise awareness about Michigan’s own state...

Michigan legislature includes $2M for Children’s Savings Accounts in 2021-22 budget
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Michigan legislature includes $2M for Children’s Savings Accounts in 2021-22 budget

On September 22, 2021, the Michigan legislature passed the almost $70 billion 2021-22 state budget with bipartisan support. Among community development resources for community revitalization, placemaking, and workforce development, CEDAM is especially excited for the State’s $2 million investment in Children’s Savings Accounts (CSAs). This first-of-its-kind investment into Michigan’s growing CSA field provides $1 million...

CEDAM members are uniquely positioned to support the Governor’s MI New Economy Plan
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CEDAM members are uniquely positioned to support the Governor’s MI New Economy Plan

CEDAM knows Michigan cannot achieve a prosperous, equitable economy without investments in core assets like housing and broadband. As we work to recover from the COVID-19 global pandemic, significant investments in our people and in our infrastructure are more critical than ever to create vibrant communities.  That’s why we were thrilled to be a part...

How Gov. Whitmer’s $100 million MHCDF funding proposal could expand affordable housing and shape Michigan’s economy
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How Gov. Whitmer’s $100 million MHCDF funding proposal could expand affordable housing and shape Michigan’s economy

Today, Gov. Gretchen Whitmer announced her proposal to allocate $100 million for the Michigan Housing and Community Development Fund (MHCDF). These funds would be used for rental housing, rehabs, home ownership projects, and downtown development initiatives to alleviate affordable housing needs in Michigan. On a broader scale, this funding would have ripples of impact across...

Using Children’s Savings Accounts for Economic Inclusion: A Q&A with Bonnie Gettys, Rep. Julie Calley and Jessica AcMoody
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Using Children’s Savings Accounts for Economic Inclusion: A Q&A with Bonnie Gettys, Rep. Julie Calley and Jessica AcMoody

At CEDAM, one of our current policy priorities is to secure statewide funding for Children’s Savings Accounts (CSAs), which are community-led programs that automatically enroll students in interest-bearing accounts that will grow until they graduate from high school. These programs are designed to improve family financial literacy, boost educational attainment for low-income children, promote post-secondary...

Driving recovery and inclusion: A Q&A with Joan Nelson, Kristi James and Jessica AcMoody about community economic development
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Driving recovery and inclusion: A Q&A with Joan Nelson, Kristi James and Jessica AcMoody about community economic development

In our first Summer of CEDAM webinar, we had the opportunity to discuss how community economic development can be used to uplift Michigan communities as we emerge from the COVID-19 pandemic. At CEDAM, we believe that economic growth begins with access and equity – and that’s why we placed special emphasis on community economic development...

CEDAM to spotlight the impact of Children’s Savings Accounts  on generational wealth
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CEDAM to spotlight the impact of Children’s Savings Accounts on generational wealth

The organization’s July 12 webinar will host a state representative and foundation leader to discuss firsthand experience with Children’s Savings Account programs in Michigan. LANSING — The Community Economic Development Association of Michigan (CEDAM) will highlight a groundbreaking savings program to close the wealth gap on July 12 as part of their Summer of CEDAM...

Why community economic development can be used as a tool to promote equity
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Why community economic development can be used as a tool to promote equity

At the end of the day, community economic development (CED) is about equity.  The idea of “community” goes far beyond the residential block — communities set the stage for residents, families, and countless generations to grow and thrive. They encompass a cohesive, nuanced system of all things in our environment that impact our well-being: businesses,...