Chris Holman talks with Laura Galbraith, Executive Director, Venture North Funding & Development, Traverse City, MI. They cover how Venture North Funding & Development brings new public and private Investment to the 10-county Region. It also provides for Venture North involvement in distributing Community Reinvestment Act (CRA) funds from regional banks and financial institutions.
Venture North’s CDFI certification will also raise the profile and bolster its professional reputation as an economic and community development engine for Northwest Michigan. As one of less than a dozen CDFIs in Michigan, it will allow for partnerships and additional interest from community and economic development organizations and financial institutions across Michigan and the U.S.