During this installment of the CDFA-Stifel Nicolaus Innovative Deals Webcast Series, we featured the latest in downtown retail development. Ketan Gada from the District of Columbia and Ken Krombeen and Tammy Hopman from the City of Grandville, MI highlighted two recent deals and discussed how the financing was assembled.

Develop Michigan is an innovative nonprofit development finance organization formed through a partnership between the Michigan Strategic Fund, Michigan Economic Development Corporation, Great Lakes Capital Fund and the Development Finance Group.

In 2010, Traverse City Light & Power, MLUI, SEEDS, the Department of Energy, Michigan Saves, and local contractors launched TCSaves—a program to help residents save energy and money. MLUI says TCSaves has improved the energy efficiency of 550 homes in Traverse City since then.

MSHDA board members gave final approval to the Michigan Mezzanine Investment Fund after Gov. Rick Snyder signed Senate Bill 347 into Public Act 116 of 2013. The moves give the green light to MSHDA's plan to create the Fund and attract outside capital to help fill the funding gap for commercial mixed-use and multifamily residential development in the state.

The Michigan Economic Development Corporation (MEDC) announced $100,000 in grant money for Detroit's local food system at a press conference at Eastern Market on Tuesday, Oct. 1.

The Novogradac Historic Tax Credit Conference, hosted by Novogradac & Company LLP, highlighted dozens of recent and ongoing rehabilitation projects in the city and discussed strategies for maximizing use of a variety of tax incentives amidst a climate of changing federal and local regulations.

NEW DATE - Thursday, December 12, 2013 - East Lansing, Michigan
Join the CDFA Michigan Financing Roundtable this December 12, for our annual conference focused on "Maximizing Economic Development, Minimizing Risk in the Great Lakes State". This one-day conference will feature a number of economic development finance experts and leaders from around the state discussing new development finance tools, resources, authorities, and approaches and how these methods can move Michigan's economy forward. Topics to be discussed include job creation, access to capital, redevelopment, infrastructure, reinvestment, federal funding and much more.

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This flyer provides quick facts about Michigan Saves and the financing packages they have available to businesses.

The Ethyl Grant Program provides matching grants up to $2,500 for projects that improve rural schools and communities.

This case study is typical of many PACE projects in that once it was considered, it was quite clearly the best option. Read on to see how Big Boy took a big stride.

The Tax Foundation's 2014 edition of the State Business Tax Climate Index enables business leaders, government policymakers, and taxpayers to gauge how their states' tax systems compare.

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