For the past several decades, in 13 states across the country, state governments have created tax credit programs that incentivize charitable private-sector donations straight into place-based nonprofits serving local neighborhoods and communities across the state.  Banking institutions are active donors in virtually all of these programs which, in the past two years alone, have leveraged over $350 million in donations to over 1,500 nonprofits.  Those nonprofits have, in turn, generated important programs, affordable housing, and economic development initiatives in thousands of local communities.  In Michigan, CDAD and CEDAM are working to replicate these programs through recently-written legislation called the “Community Investment Program (CIP).”  This panel will discuss the  proposed Michigan “CIP” program as it currently stands, its progress in the MI State House of Representatives, and then ask for banks’ feedback on the program, as well as how they can help the legislation pass.