Econ. Dev. Directory

JED    
   

Brownfield Redevelopment Authority

Reviews proposals for the redevelopment of eligible property and determine what Financial Incentives are necessary to assist the redevelopment, using such tools as Tax Increment Financing [TIF] and the Small Business Tax Credit [SBT].

 

EPA Pilot Asssessment Grant

::  The Wayne County Brownfield Redevelopment Authority [BRA] has received three grants totaling $500,000 from the Environmental Protection Agency to perform preliminary brownfield site assessments on potential development sites.

::   The program has been highly successful resulting in millions of dollars in investment throughout the County. The Michigan Department of Environmental Quality has also provided a complimentary grant to perform further site assessments.

::   The BRA also manages a $500,000 revolving loan fund for site remediation.