While many Michigan’s urban cities’ economic recovery programs have gained momentum, there is concern those efforts may not be moving fast enough or are far enough along. Visibility is often a problem. Investors, entrepreneurs, community leaders, developers, builders and other critical stakeholders need to “see” incentives, in order to “seize” them, according to development experts […]
It is an age-old question. How do you get people with money to invest in places where it is most needed? One answer is Opportunity Zones (OZs). They can help communities in Detroit and Flint grow and prosper. Part of the 2017 Tax Cuts and Jobs Acts, the new economic development tool is designed to incentivize patient capital […]
Three years ago, Kinyemi Sims found some free money to help her catch up on her property taxes. She was nearly $12,000 behind and was afraid she wouldn’t be able to prevent a foreclosure on her property. She found the help she needed through Step Forward Michigan, a federally-funded interest and payment-free, forgivable loan program […]