The Michigan Louis Stokes Alliance for Minority Participation has received support from the National Science Foundation.

ANN ARBOR, Mich. – In the spirit of Small Business Week here in Michigan Home Point Financial, a wholesale mortgage lender based in Ann Arbor has an exciting opportunity for aspiring business owners in the mortgage industry. On Friday, Home Point announced a new charitable community foundation, from which it will dedicate $1 million in grants to fund 50 new minority-owned and female-owned mortgage brokerages throughout the nation. The lender will allocate $500,000 to create 25 minority-owned brokerages and $500,000 to create 25 female-owned mortgage brokerages throughout the country. “At Home Point, we’re passionate about expanding opportunities for people from all walks of life interested in participating in the mortgage industry,” said Phil Shoemaker, President of Originations at Home Point Financial. We look forward to helping people make their entrepreneurship dreams a reality.”Read More: Ann Arbor Business

Published: September 1, 2020, 5:06 am Updated: September 1, 2020, 6:30 am(Copyright 2020 by WDIV ClickOnDetroit - All rights reserved.) The Michigan Minority Procurement Conference gets underway virtually on Tuesday. It will start just after 8 a.m. and run daily through this Thursday Sept. 3. The conference focuses on connecting national and local corporations with the top minority business enterprises across the state. To learn more about the conference and to register click here.