United Cerebral Palsy Association Of Michigan

UNITED CEREBRAL PALSY OF MICHIGAN MODIFIED REGION 3 WIPA

THE MICHIGAN ASSISTIVE TECHNOLOGY LOAN FUND (MATLF) WILL EXPAND OUR DIRECT LOAN PROGRAM USING NON-TRADITIONAL UNDERWRITING CRITERIA TO ASSIST PEOPLE WITH DISABILITIES IN ACCESSING ASSISTIVE TECHNOLOGY

THE MICHIGAN ASSISTIVE TECHNOLOGY LOAN FUND (MATLF), WILL OFFER FINANCIAL HEALTH AND CREDIT-BUILDING CLASS AND EXPAND OUR DIRECT LOAN PROGRAM. - UNITED CEREBRAL PALSY OF MICHIGAN INC., DOING BUSINESS AS MICHIGAN ASSISTIVE TECHNOLOGY LOAN FUND (MATLF), WITH ITS PARENT ORGANIZATION MICHIGAN UNITED CEREBRAL PALSY, IS ENHANCING ITS SERVICES TO SUPPORT MICHIGAN RESIDENTS WITH DISABILITIES AND OLDER RESIDENTS. IN PARTNERSHIP WITH THE MICHIGAN ASSISTIVE TECHNOLOGY PROGRAM (MATP) AND OTHER STAKEHOLDERS, MATLF WILL OFFER FINANCIAL HEALTH AND CREDIT-BUILDING CLASSES TO IMPROVE THE WELLBEING OF THESE COMMUNITIES. OUR DIRECT LOAN PROGRAM WILL EXPAND THROUGH LOAN GUARANTEE PARTNERSHIPS, ENABLING LOANS LARGER THAN OUR CURRENT $30,000 LIMIT. THIS EXPANSION WILL SUPPORT THE PURCHASE OF DURABLE VEHICLES AND ASSISTIVE TECHNOLOGY, ENSURING THEY LAST THROUGH EXTENDED REPAYMENT PERIODS. TO BOLSTER OUR FINANCIAL HEALTH AND CREDIT-BUILDING INITIATIVES, WE WILL ADD A STAFF MEMBER TO PROVIDE FINANCIAL COUNSELING AND CREDIT-BUILDING CLASSES, SUPPLEMENTING OUR ONE-ON-ONE WORK WITH APPLICANTS AND BORROWERS. THESE CLASSES, HELD QUARTERLY AND REMOTELY, WILL ACCOMMODATE 10 TO 12 PARTICIPANTS, COVERING TOPICS SUCH AS SAVINGS, SETTING PRIORITIES, AND AVOIDING SCAMS. CURRENTLY, MATLF PARTNERS WITH A STATEWIDE CREDIT UNION TO PROVIDE LOANS UP TO $30,000. WE PLAN TO PARTNER WITH ADDITIONAL FINANCIAL INSTITUTIONS TO FACILITATE THE PURCHASE OF NEWER ACCESSIBLE VEHICLES. OUR OBJECTIVES ARE TO: 1) PROVIDE FINANCIAL AND CREDIT-BUILDING EDUCATION IN A SUPPORTIVE GROUP SETTING, 2) OFFER FUNDING UP TO THE FULL COST OF MODIFIED VEHICLES, 3) GUARANTEE LOANS TO ENABLE LOWER-INCOME INDIVIDUALS AND FAMILIES TO PURCHASE OR MODIFY VEHICLES, AND 4) FUND OTHER ASSISTIVE TECHNOLOGY THROUGH OUR LOAN PROGRAM. EXPECTED OUTCOMES INCLUDE INCREASED FINANCIAL EDUCATION, CREDIT-BUILDING SKILLS, AND MORE ACCESSIBLE, LOW-INTEREST LENDING OPTIONS, RESULTING IN GREATER ACCESS TO ASSISTIVE TECHNOLOGY FOR MICHIGAN RESIDENTS WITH DISABILITIES.

PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH TECHNICAL ASSISTANCE AWARDS TO BUILD THE CAPACITY OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) AND EMERGING CDFIS. PLANNED ACTIVITIES TECHNICAL ASSISTANCE MUST BE USED FOR THE FOLLOWING ELIGIBLE ACTIVITIES SUBJECT TO THE APPLICABLE PROVISIONS OF THE UNIFORM REQUIREMENTS COMPENSATION PERSONAL SERVICES, COMPENSATION FRINGE BENEFITS, PROFESSIONAL SERVICE COSTS, TRAVEL COSTS, TRAINING AND EDUCATION COSTS, EQUIPMENT, SUPPLIES, AND INCORPORATION COSTS (SPONSORING ENTITIES ONLY). END GOALS: THE GOAL OF THE TECHNICAL ASSISTANCE IS TO BUILD CERTIFIED AND EMERGING CDFI’S ORGANIZATIONAL CAPACITY TO SERVE ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS, IN ORDER TO SERVE LOW INCOME PEOPLE, AND COMMUNITIES ACROSS THE NATION THAT LACK ADEQUATE ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND FINANCIAL SERVICES. BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: NOT APPLICABLE. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE.

UNITED CEREBRAL PALSY OF MICHIGAN/WORKING BENEFITS

UNITED CEREBRAL PALSY OF MICHIGAN WORK INCENTIVES PLANNING AND ASSISTANCE PROJECT

UNITED CEREBRAL PALSY OF MICHIGAN/WORKING BENEFITS

PURPOSE: TO PROMOTE ECONOMIC REVITALIZATION AND COMMUNITY DEVELOPMENT THROUGH TECHNICAL ASSISTANCE AWARDS TO BUILD THE CAPACITY OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) AND EMERGING CDFIS. PLANNED ACTIVITIES TECHNICAL ASSISTANCE MUST BE USED FOR THE FOLLOWING ELIGIBLE ACTIVITIES SUBJECT TO THE APPLICABLE PROVISIONS OF THE UNIFORM REQUIREMENTS COMPENSATION PERSONAL SERVICES, COMPENSATION FRINGE BENEFITS, PROFESSIONAL SERVICE COSTS, TRAVEL COSTS, TRAINING AND EDUCATION COSTS, EQUIPMENT, SUPPLIES, AND INCORPORATION COSTS (SPONSORING ENTITIES ONLY). END GOALS: THE GOAL OF THE TECHNICAL ASSISTANCE IS TO BUILD CERTIFIED AND EMERGING CDFI’S ORGANIZATIONAL CAPACITY TO SERVE ELIGIBLE MARKETS AND/OR THEIR TARGET MARKETS, IN ORDER TO SERVE LOW INCOME PEOPLE, AND COMMUNITIES ACROSS THE NATION THAT LACK ADEQUATE ACCESS TO AFFORDABLE FINANCIAL PRODUCTS AND FINANCIAL SERVICES. BENEFICIARIES: PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, OTHER PRIVATE INSTITUTION/ORGANIZATION INVESTMENT AREAS AND TARGETED POPULATIONS, AS DEFINED IN 12 C.F.R. 1805. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: NOT APPLICABLE. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE.

UNITED CEREBRAL PALSY OF MICHIGAN/WORKING BENEFITS