The U.S. Department of the Treasury announced the approval of 20 additional state awards under the State Small Business Credit Initiative (SSBCI) Technical Assistance Grant Program, totaling more than $50.8 million. These awards will be used to...

Funding Sources for Food-Related Businesses includes sources of local, regional, and national finance opportunities that may be available to producers, distributors, food hubs, and food-related businesses. Initially informed by a list of funding...

The Lac Vieux Desert Band of Lake Superior Chippewa Indians is responsible for delivering high-quality public services and investing in new business opportunities for its community. The band used New Markets Tax Credits (NMTC) to finance this...

States across the country are starting to gather data and use evidence to systematically evaluate tax incentives. To illustrate what sort of evaluations states are conducting, NCSL created a database of state tax incentive evaluations. Evaluations...

To achieve the broader range of positive impact possible with place-based investments, policymakers at all levels should take an integrated approach to transformative placemaking, which enables them to design their strategies and evaluate their...

The Michigan Economic Development Corporation’s (MEDC) focus on direct community investment is unique among its state-level peers. A strategy of MEDC Community Development Incentives (CDI) Programs is to identify and actualize place-based investment...

With funding from the W.K. Kellogg Foundation, CDFA is researching how development finance agencies can become more engaged in developing local and regional food systems. This report from CDFA identifies traditional development finance tools that...

This interactive data tool from the Federal Reserve Bank of St. Louis shows total SSBCI investments, percent of investments in LMI and rural areas, investments by MSA, investments by loan programs, CDFIs, and more.

States saw steep declines in revenues in the second quarter of 2020, though some of this was caused by shifting revenues into the next quarter and next fiscal year. Consequently, most states ended the 2020 fiscal year uncertain about their fiscal...

This map includes states where projects are eligible for Retroactive PACE financing and includes a summary of state-by-state guidelines.

Localized food systems are being developed in communities across the country in order to strengthen local economies, increase entrepreneurship, address social issues, and lessen environmental impacts. At the same time, many places are expanding...

Localized food systems are being developed in communities across the country in order to strengthen local economies, increase entrepreneurship, address social issues, and lessen environmental impacts. At the same time, many places are expanding...

The Section 184 Indian Home Loan Guarantee Program was created by the Housing and Community Development Act of 1992 to address the lack of mortgage lending in Indian Country. This brochure from the FDIC briefly reviews the background, purpose, and...

On September 30, 2019, HUD awarded more than $314 million to 77 state and local government agencies and more than $5 million in six tribal communities to identify and address home health and safety hazards. This document is a description of each...

This directory provides an overview of various sources of financing that may be available to food hubs and other food-related businesses. This directory is a partial listing of what may be available across the United States; some examples may not be...

Drew Krogulecki from the Michigan Senate Fiscal Agency discuses TIF use in Michigan

The effects of deindustrialization have been felt strongly throughout the rust belt, and Detroit is at the heart of this region. However, new development strategies have offered a way out of urban decline and decay and the Motor City has begun a...

This RLF plan produced by the Iosco County Economic Development Commission was amended in 2014.

This Kresge Foundation case study examines strategies to confront the interconnected web of complex issues facing cities and their residents as they address income inequality and reimagine a sustainable Detroit.

Kathryn Colasanti with the Center for Regional Food Systems discuss how her organization is helping to promote farm to institution efforts by convening and coordinating across networks.

This directory, produced by the Michigan State University Center for Regional Food Systems, provides an overview of various sources of financing that may be available to food hubs and other food-related businesses. This directory is a partial...

The 2017 CDFA Michigan Financing Roundtable Webinar discusses the latest and greatest in Development Finance across the state. The webinar includes two sessions: Development Finance Current Events Review and The Michigan Bond Market. Experts, Craig...

The 2017 CDFA Michigan Financing Roundtable Webinar discusses the latest and greatest in Development Finance across the state. The webinar includes two sessions: Development Finance Current Events Review and The Michigan Bond Market. Experts, Craig...

Jennifer Kanalos, the Director of Board Administration of the Detroit Economic Growth Corporation, discusses Detroit's' brownfields and TIF districts.

Michigan is showing increasing economic strength. Despite this, the state’s housing market is not keeping up with an adequate number of homes affordable to low- and moderate-income households. Ben Stehouwer (Cinnaire) discusses the major changes and...

As budgets are stretched at all levels, it can be difficult to pull together funding for necessary infrastructure improvements. Kara Woods (City of Grand Rapids) and Ian Koffler (Miller, Canfield, Paddock, & Stone, PLC) examine case studies and...

TIF is perennially one of the nation’s most effective and popular development finance tools, but also one of its most misunderstood and controversial. The types of projects that TIF supports in Michigan is diverse, making TIF a very flexible...

Building out necessary infrastructure in today’s development climate can often be a challenge. From a financing perspective, these challenges can be met by building a capital stack with a number of tools. Eric DeLong (City of Grand Rapids) examines...

Building out necessary infrastructure in today’s development climate can often be a challenge. From a financing perspective, these challenges can be met by building a capital stack with a number of tools. Dawn Lund (Utility Financial Solutions, LLC)...

For most states, promoting entrepreneurship has not been part of the mainstream programmatic efforts of traditional economic-development policy. However certain states, such as Michigan, have had the foresight to support investments which foster an...

This report from Michigan State University seeks to contribute to the current policy discussion on TIF reform by developing the blueprint for a comprehensive, state-level database on the scale, scope and structure of TIF activities in Michigan.

Mission Investors Exchange evaluates the impact of a community foundation's program-related investment into Kandu Industries.

Public Sector Consultants Inc. conducted a report for MITA to study Michigan's Water Infrastructure Investment Needs. The results of the study provide important information that is worth evaluating as the state works to resolve the rising...

A brief description of each of the loans that have been made by Living Cities' Catalyst Fund.

In order to create a comprehensive picture of the economic development landscape, C2ER reviewed data from a range of state statutes, reports, and websites. The numbers contained in this report are CREC and C2ER’s best estimate of the dollars spent...

This Pew Charitable Trust report discusses the challenges and opportunities available to states seeking to create jobs and expand their economies while avoiding budgetary surprises by utilizing data and design to make state tax incentives more...

Lean & Green Michigan's PACE Program Report for Orion Township in Michigan covers the task a municipality's needs to establish PACE financing. The report provides steps and a sample PACE agreement.

State Rural Development Councils (SRDCs) are organizations representing all levels of government, community, regional nonprofit organizations, and the private sector. The SRDCs can implement best practices, obtain technical assistance, determine...

Michigan Saves’ analysis of clean energy technologies in Michigan comprises two major works. This work profiles clean energy efforts in seven Michigan communities and gives a statewide overview of energy use and clean energy technology deployment...

The Michigan Clean Energy Report is designed to serve as a reference for communities, providing a profile of the state’s current energy landscape and easily accessible, accurate information about energy use and the deployment of clean energy...

CDFA is excited to announce the Brownfields Project Marketplace, which will take place on May 19, 2015 from 1pm-5pm EDT in Columbus, Ohio. The Brownfields Project Marketplace provides communities the opportunity to receive special assistance with...

As a part of the USDA's commitment to strengthening rural economies, a state-by-state "Made in Rural America" report has been released for each state. Each state's factsheet highlights specific USDA investments in rural businesses, manufacturing,...

MDC, a nonprofit based in Durham, N.C., published this report called, "State of the South." They have been publishing these reports since 1996 to further its mission of helping communities, organizations, and leaders. The report breaks down why the...

Joe Borgstrom, COO of the Michigan Community Development Corporation, describes the benefits of utilizing the EB-5 program in the state of Michigan.

Anne Jamieson, Senior Project Manager for AKT Peerless, discusses the different financing strategies behind redevelopment projects, including TIF, tax abatements, tax credits, and grants and loans. Jamieson also provides a case study from Detroit.

David M. Lick, an expert in the field of P3 financing, discusses the fundamentals of public-private partnerships and the types of projects associated.

Art Papapanos of the Detroit Economic Growth Corporation discusses available development incentives involving a variety of sectors, in addition to providing several successful projects in Detroit.

Odis Jones of the Public Lighting Authority of Detroit discusses the financing mechanisms behind the installation of LED light bulbs for streetlights throughout Detroit.

Greg Nicholas explains the basics behind the EB-5 program, as well as the roles and responsibilities of the Michigan-Indiana EB-5 Regional Center in assisting investment projects.

Paul Krutko discusses the mission, organization, and goals of Ann Arbor SPARK, while also describing the organization's extensive network and role in assisting business' within the Ann Arbor region.