In a first for Detroit’s children, a group of five mission-led financial institutions has closed a package totaling $22 million, including $8 million in New Markets Tax Credits (NMTC), to ... Read More
The development plans call for the rehabilitation of an existing two-story building that currently houses the Allen Neighborhood Center into a three-story mixed-use development in the City of Lansing. When ... Read More
The Michigan Commission of Agriculture and Rural Development today approved a $135,000 performance-based Food and Agriculture Investment Fund grant to Peterson Farms, located in Shelby, Michigan. Already Oceana County’s largest ... Read More
The Peterson Farms project involved equipment purchase and installation for four capacity expansions to allow the company to continue to grow in Shelby, Michigan rather than move to another state, ... Read More
MyLocker.com LLC has completed a $15 million, 120,000-square-foot expansion in Detroit's Corktown and is looking to immediately hire 200 employees to handle demand for its custom clothes and products business ... Read More
Lofts on Lake Street LCC and located in downtown Boyne City, offers the unique opportunity to create market rate housing mixed with workforce housing in a desirable and walkable location ... Read More
The $7.8MM project in Grand Rapids included replacing low density, functionally obsolete and vacant single-family homes with a medium density, mixed-use, multi-family apartment building consisting of 44 residential units. One ... Read More
Flex-N-Gate Group (“FNG”), owned by American entrepreneur, Shahid Khan, is constructing a new 494,000 sq. ft. advanced manufacturing facility in Detroit, Michigan (the “Project”). Minority-sponsored FNG is a global automotive ... Read More
Cinnaire recently provided $9 million in New Markets Tax Credits (NMTC) allocation to support the development of the Mott Community College Culinary Arts Facility. Chase, as the NMTC investor, joined ... Read More
Financing for the acquisition and installation of equipment for a metal casting facility, East Jordan Iron Works. Also, new construction of a 350,000 square foot, state-of-the-art manufacturing facility for EJ ... Read More
Construction of a new state-of-the-art early childhood education center for the children affected by the Flint water crisis. The 36,750 square-foot Educare Flint facility could not have been completed in ... Read More
Midwest Industrial Redevelopment Fund provided $500,000 in financing for E.C. Moorehas, a company that has produced quality abrasives since 1898. Products include dental supplies and abrasive discs, rotary abrasives, snap ... Read More
