Michigan ED Corp Funds Downtown Housing Projects

Michigan Governor Jennifer M. Granholm recently announced more than $2.7 million in Community Development Block Grant funding to help create 77 housing units in nine Michigan downtowns and central business districts. The grants are being made available through a partnership between the Michigan Economic Development Corporation (MEDC) and the Michigan State Housing Development Authority (MSHDA).

"Housing is a vital component of successful downtown economic revitalization," Granholm said. "Providing attractive housing choices will bring more residents to the heart of these communities, driving economic development and helping small businesses thrive."

A total of ten grants were awarded to the following nine communities and counties: Alma, Buchanan, Cheboygan County, Jonesville, Lapeer, Manistee, Norway, St. Johns and Shiawassee County. The grant applications were reviewed jointly by MEDC and MSHDA staff.
 
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