Supported by a grant from the MEDC, the Lansing Economic Area Partnership is launching a new initiative that aims to empower community and business stakeholders in the southwest area of the City of Lansing.

The Grand Rapids Redevelopment Authority received approval for $2.1 million in tax increment financing to help with exiting brownfield conditions, according to Grand Rapids Business Journal. In total, $4.6 million in public funds have been secured for the redevelopment project.

Byrne Electrical secured a $160,000 performance-based grant through Michigan Economic Development Corporation's Michigan Business Development Program.

BlackRock Infrastructure will finance the replacement and upgrade of approximately 15,000 lamps of freeway and tunnel lighting systems in the Detroit Metro Region with energy-efficient LED lights.

In the heart of downtown Midland, a transformative redevelopment is under construction that will significantly boost the City's downtown revival. According to AKT Peerless, the project would not be possible without brownfields incentives.

The Intro Property Assessed Clean Energy (PACE) Finance WebCourse will delve into the process of creating a PACE program for a community from start to finish. Over the span of two days, all the pieces of PACE financing are analyzed including the bond issuance needed, enhancing investor appeal, discerning the regulatory matters, the realm of market potential and more. In the long run, the lowered utility bills and increased local jobs from PACE financing will benefit residents and businesses.

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