This month’s Borrowers’ & Burners’ (B&B) Luncheon at the Kellogg Hotel & Conference Center in East Lansing was another successful event. Each spring we take time to thank our new borrowers for allowing us to fulfill our own mission through their work. We also take a moment to show our appreciation to those who fully repaid their loans on-time during the previous year. It’s our way of welcoming new borrowers into the Trust Fund family and rewarding those who repaid their loans, helping to sustain the vital recycling of scarce capital.

“The spring luncheon is always a lot of fun,” said Trust Fund President/CEO Christine Coady. “We try to spice things up with a bit of levity to entertain our guests while sharing the work of the groups and individuals we support.”

For years the Trust Fund has capped off B&B luncheons with games like Concentration, Survivor and the Newlywed Game. This year attendants played Trust Fund Bingo. The games have always been a hit, and this year was no different.

Thanks again to everyone who attended. Keep an eye out for forthcoming details on this fall’s Evening for Economic Justice, where we will honor investors and equity contributors in Detroit for their ongoing support of our mission.

This year’s borrowers included:
Avalon Nonprofit Housing Corporation
Cass Corridor Neighborhood Development Corp.
Dawn, Inc.
Detroit Midtown Micro-Enterprise Fund
Grandmont Rosedale Development Corp.
H.OM.E. of Mackinac County
Shep’s Beauty and Barber Shop
Liberty Hill Housing Corporation
Michigan Avenue Business Association
U-SNAP-BAC Nonprofit Housing Corp.
Williamston Theatre Project

This year’s mortgage burners included:

Avalon Nonprofit Housing Corp.
Benzie Housing Council, Inc.
Dawn, Inc.
Harmony Face & Body Care
Homestretch Nonprofit Housing Corp.
McGraw/West Grand L.D.H.A.L.P.
Michigan Ability Partners
Northern Homes Community Development Corp.
St. Francis Episcopal Church