INCENTIVE DESCRIPTION

State: MI
Incentive Type: Cash Grants and Financing Incentives
Incentive Title: Infrastructure Grants
Description: 1. TRANSPORTATION ECONOMIC DEVELOPMENT FUNDS, INTERMODAL SURFACE TRANSPORTATION EFFICIENCY ACT AND MUNICIPAL BOND AUTHORITY: Funds to support local road development and other infrastructure needs to foster job creation and retention opportunities. Grants may be awarded for up to $10,000 for each new job created or 90% of the total infrastructure cost. 2. COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG): Federally funded program to assist states and municipalities with public infrastructure improvements that support business expansion and job creation.
Eligibility Requirements: 1. Local communities must have an identified business that can make a commitment to a specified number of jobs created. 2. Grants are awarded to states and municipalities. Eligible projects include manufacturing, point-of-destination tourism, headquarter operations & major multi-state distribution facilities. Project must benefit low to moderate income people.
Geographic Restrictions: Statewide
Granting Authority: Michigan Economic Development Authority


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.