News

Our 2021 Annual Report

Our 2021 Annual Report

 

Annual ReportIf the country didn’t realize the importance of Community Development Financial Institutions before the pandemic, they certainly are aware now. CDFIs helped more small businesses in 2021 than in any previous year. Northern Initiatives set a record for the number of new loans.

 

More News Stories

June 22, 2026
Northern Initiatives Named Winner of the OFN CDFI Capital Solutions Accelerator Pitch Competition
A panel of judges selected Northern Initiatives’ solution for its readiness, well-developed pilot plan, and broad applicability across the industry From…
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June 15, 2026
Northern Initiatives named SBA Microlender of the Year
Michigan nonprofit lender has been making SBA Microloans since 1994 Northern Initiatives, a nonprofit lender serving communities across Michigan, has been named Michigan SBA Microlender…
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May 20, 2026
BEI Fund grantees announced
MUSKEGON — The Business Equity Initiative Fund, at the Community Foundation for Muskegon County, has awarded $40,000 in grants to women business owners. The fund…
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