Magnet Lending Corporation

Magnet lending corporation is a michigan nonprofit formed to promote community and economic development, the creation of wealth and job opportunities, and to facilitate investment of private and public capital in the form of low-cost, flexible financial products, coupled with development services. Mlc's financial products and development services are designed to create and preserve affordable and attainable housing, invest in job-creating community-driven economic development projects, and promote the economic mobility of low- and moderate income residents and communities in the state of michigan.