Blue Water Community Development Fund (BWCDF):

The BWCDF has received $500,000 in seed capital from Citizens First Foundation to create a below market loan pool focused on the development and redevelopment of nine census tracts surrounding Downtown Port Huron by creating a “tool box” of incentives designed to jump start the desired outcomes. The BWCDF will concentrate on smaller projects such as filling vacant storefronts, neighborhood/community development and the creation and support of small business activity in the target area. Financial products will be tailored to micro-enterprise business activity and the rehabilitation/build out of storefronts through below market interest rates and other creative and flexible financial terms.