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Kawku Osei, CEO of Cooperative Capital (Detroit), explains how the new Michigan Invests Locally Exemption (MILE) legislation allows average citizen investors to fund local infrastructure to revitalize neighbourhoods.
Cooperative Capital is a community-based social enterprise raising money to re-build neighbourhoods in Detroit. By encouraging local citizens to invest in community projects, residents can take out loans to improve properties and realize increased values in their own neighbourhood, rather than relying on banks or out-of-town financial ventures.
www.cooperativecap.com
Kawku Osei, CEO of Cooperative Capital (Detroit), explains how the new Michigan Invests Locally Exemption (MILE) legislation allows average citizen investors to fund local infrastructure to revitalize neighbourhoods.
Cooperative Capital is a community-based social enterprise raising money to re-build neighbourhoods in Detroit. By encouraging local citizens to invest in community projects, residents can take out loans to improve properties and realize increased values in their own neighbourhood, rather than relying on banks or out-of-town financial ventures.
www.cooperativecap.com