Introducing Co.act Detroit's inaugural Activate Fund! Applications are now open for two programs designed to support southeast Michigan nonprofit organizations’ capacity in two key ways: Nonprofit Fundamentals Grant Bolstering internal capacity to fulfill mission Up to 20 registered 501(c)(3)s serving Wayne, Oakland, Macomb and Washtenaw counties will receive as much as $50,000 each to support: […]

The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) has reopened its Affordable Housing Program (AHP) Competitive round through April 2. Through this program, FHLBank Atlanta offers member financial institutions and their community housing partners grant awards up to $500,000 for affordable housing developments in their communities. As a member of FHLBank Atlanta, Capital Impact […]

The vast majority of Michigan residents are eligible to receive a stimulus check from the federal government this year. Even if you have no income, you are still eligible, but need to take action to receive your stimulus payment. This includes individuals with low or no earnings who normally don't file taxes. You could receive up to […]

The Downtown Detroit Partnership, together with Detroit Mayor Duggan, Chief James Craig and the Detroit Police Department, Councilwoman Lopez and Detroit City Council and all Detroiters, are mourning the senseless death of George Floyd. They are standing in solidarity as they light the city purple from June 4, 2020 through June 9, 2020 in tribute to his life.

Venture For America is partnering with the Desai Sethi Foundation to launch the DSF Social Impact Fellowship for VFA to respond to some of these challenges by selecting social impact organizations to hire Fellows at a heavily subsided rate to carry out their mission.

The Federal Reserve System is committed to fielding a survey to better understand the range of challenges facing under-resourced and low-income communities as an effect of the COVID-19 pandemic, every eight weeks to report on how the effects of COVID-19 are changing within communities over time. Please help them by taking this survey today.

Calling ALL for-profit, nonprofit and/or independent contractors who provide professional consulting services! Co.act Detroit is seeking professional service providers to apply to work directly with new grantees/awardees of the Activate Fund’s two inaugural programs: Nonprofit Fundamentals and Collaboration Pilot. Awards for both programs will be granted in June, after which qualified service providers will be […]

The Federal Reserve established the Main Street Lending Program to support lending to small and medium-sized businesses.  The Main Street Lending Program now includes two proposed facilities designed to support lending to nonprofit organizations: the Nonprofit Organization New Loan Facility (NONLF) and the Nonprofit Organization Expanded Loan Facility (NOELF).  As the proposals are finalized, the Federal Reserve and the Treasury are seeking feedback from lenders, borrowers, and other stakeholders to make the Program as efficient and effective as possible, while also safeguarding taxpayer funds.