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Great Lakes Capital Fund (GLCF) was established in 1993 as a nonprofit
community development finance organization to:
- support the development of quality affordable housing
- support other economic and social opportunities for the poor
and underprivileged.
- promote upward mobility and self-sufficiency of lower income
households
- create sustainable communities & improve the quality of
life in targeted areas by supporting:
- community planning and the coordination of essential services
- economic development, and
- youth development programs.
Quick Facts:
- Serving communities across the states of Indiana and Michigan
- Housing Developments Supported: 185
- Homes and Apartments Produced: 10,000
- Sq.Ft. of Commercial Space Supported: 60,000
- Residents Served Annually: 22,000
- Total Equity Invested: $600 million
- Additional Equity Invested Annually: $150 million
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