A West Michigan plastics injection molding manufacturer and a business network service provider have received state funding to provide housing assistance to their employees.
Cascade Township-based Cascade Engineering and Wyoming-based Spectrum Enterprise jointly pledged $100,000 to create a down payment assistance program and will receive a matching grant from the state’s Employer-Assisted Housing Fund. The down payment assistance will support homeownership for up to 27 income-eligible employees.
Kenyatta Brame, executive vice president at Cascade, said the state funding will be applied toward its Cascade Housing Opportunity Program, which offers monetary backing, credit counseling and financial education workshops to employees…