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Midwest Minnesota Community Development Corporation
Contact Info:

119 Graystone Plaza
P.O. Box 623
Detroit Lakes, MN 56502-0623

Phone: 218-847-3191
Fax: 218-844-6345
URL: www.mmcdc.com
Email: info@mmcdc.com
Housing Lending: 61.34% Housing Dev: 7.30%
Small Business: 30.37%    
       

Midwest Minnesota Community Development Corporation (MMCDC) is a nonprofit corporation providing economic development services in Minnesota. Its primary interest is providing capital to rural residents, businesses and communities, with a special focus on low-income individuals and on businesses operating in underserved markets and distressed communities. MMCDC provides commercial loans, mortgage loans, and housing, business and community development services. As one of the largest nonprofit lenders and investors in the state, MMCDC controls more than $80 million in capital for lending. This includes a loan portfolio of over $20 million, a bank with $30 million in assets, and $127 million in New Markets Tax Credit capital.

 

 
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