| |
 |
|
The Wayne County Department of Economic & Neighborhood Development
was established to work with local businesses to help them expand their
opportunities and to recruit new businesses to the County. Additionally, the
County can promote job development through programs that improve the
environmental and transportation quality of the County, that in turn, improves
the climate for business development.
As a result of these efforts and the strong economy, a number of
large-scale new developments and expansions taken place or are in the planning
stages in Wayne County. These programs are especially important for the
distressed communities that do not have sufficient resources to encourage
economic development.
- MAIN STREET FACADE IMPROVEMENT PROGRAM
The Facade Program is a grant program that targets main street businesses in the six Wayne County municipalities designated as distresses communities and enhances the physical appearance of those businesses by addressing exterior facade and/or signage improvements.
Download Facade Improvement Program application 
- SBA 504 LOAN PROGRAM
Loan program for small-medium size businesses operating
three years or more. Program guarantees 40% of projects ranging from $150,000
to $5,000,000.
- URBAN LOAN FUND
Loan Program for any minority-owned business or any
small business in Detroit, Ecorse, Hamtramck, Highland Park, Inkster, River
Rouge or other designated distressed community. Program loans 30% of projects
under $200,000.
- 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].
- ONE-STOP BUSINESS RESOURCE CENTER
The One-Stop may assist in business development and
growth & will also analyze business trends and issues and conduct seminars
and conferences useful for proactively addressing anticipated changes in the
business environment.
- WAYNE COUNTY HEALTHCHOICE
Program that offers an affordable Healthcare coverage
for businesses located in Wayne County.
- HOME OWNERSHIP CRUSADE
As part of Wayne County's "Home Ownership Crusade",
the county has announced
two new programs to provide assistance to first time home buyers or to provide
provide a long term, low interest loan for home repairs.
- HOUSING REHABILITATION PROGRAM
A Community Development Block Grant Program that
assists low-to-moderate income persons in maintaining their homes.
:: back to the top :: |
