Infrastructure Programs for Economic & Community Development
To be competitive in today's economic development environment, businesses need to be in the right location with great infrastructure.
Services Include
STATE
- The Community Development Block Grant Program (CDBG) is a federally-funded program administered, in part, by the MEDC. For‑profit businesses engaged in an economic base activity (e.g. manufacturing, point-of-destination tourism, headquarter operations, major multi-state distribution facility) can work with eligible communities and their respective MEDC Business Account Manager to request grants to provide public infrastructure improvements. Public infrastructure includes items such as: public water or sanitary sewer lines and related facilities, streets, bridges and public utilities.
- The Michigan's Core Communities are eligible for brownfield redevelopment and advantages in PA 328.
- Urban Land Assembly funds are available for loans to communities to acquire, assemble and prepare sites for development. Some infrastructure work can be funded through this program in combination with the assembly of property.
- Transportation Economic Development Funds support local road development to foster job creation and retention opportunities.
- The Michigan Department of Transportation administers a federal program through the Intermodal Surface Transportation Efficiency Act to fund enhancements to the intermodal transportation network.
- The Municipal Bond Authority, administered by the Michigan Department of Treasury, offers local units of government an alternative method of raising funds for a variety of public purposes, including infrastructure.
FEDERAL
- Grants are available through the Economic Development Administration for public works to attract new industry, encourage business expansion and generate long-term, private-sector jobs.
- Grants and loans from the Rural Development Administration can be used by small communities to help finance public infrastructure in two categories: water and waste disposal facilities, and community facilities.
For more information on any of these incentives, please e-mails at medcservices@michigan.org or call us toll-free at (888)522-0103 to receive an answer to your question or connected with a specialist.