LANSING – The Michigan Economic Development Corporation is offering $3 million in grants to help rebuild downtown commercial districts.
The Downtown Infrastructure Grant program, a Community Development Block Grant, is aimed at helping low and moderate income Michigan communities. The maximum grant to be awarded is $750,000. Funding priority will be given to projects that have significant local match and that have incorporated innovative design elements that contribute to creating a unique environment for the community.
?Improving our downtowns will ensure the continued vitality of communities and strengthen our ability to attract and retain young professionals and small businesses,? said MEDC President and CEO Michael Finney. ?This funding will help create opportunities for new development and economic growth in Michigan?s downtowns.?
Approximately 375 Michigan communities are eligible for funding. For more information on the DIG program, click on MichiganAdantage.Org
Electronic or hard copy submissions are due by Friday, December 21 at 5:00 p.m. Applicants must address all items on the Part I application to be considered for funding.
There will be a question/answer period regarding the application and questions will be accepted until November 30, 2012. Questions should be directed to [email protected]
