Brownfield Redevelopment Financi...
Property that is blighted, contaminated with pollutants, or otherwise functionally obsolete can often become a burden on an entire community...
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Does the Brownfield Redevelopment Financing Act allow for the use of tax increment financing for the development of housing needed to address shortages?
Yes, the 2023 amendments to the Brownfield Redevelopment Financing Act broadened the definitions of “eligible activities” and “eligible property” to allow for tax increment financing of housing development activities where a community has identified a specific housing need. These amendments make the TIF program available for housing development in addition to traditional eligible activities such as removal and abatement of contaminants. This creates a new opportunity for municipalities to use tax increment financing for the creation of housing and improvement of properties.
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FSBR Welcomes Daniel P. Bock to ...
Fahey Schultz Burzych Rhodes PLC is pleased to announce that Daniel P. Bock has joined the firm as Senior Attorney within our Water Resource...
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As an elected township official,...
No. The Michigan Election Law creates a “safe harbor” period for newly elected officials and those whose term is set to end that year. T...
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