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Whitmer Announces $21.55 Million Blight Elimination Grant Program to Revitalize Communities, Grow Economy
FOR Fast Launch September 30, 2022 Call: [email protected] Gov. Whitmer Announces $21.55 Million Blight Elimination Grant Software to Revitalize Communities, Improve Economy LANSING, Mich. – Nowadays, Governor Gretchen Whitmer announced $21.55 million in funding for a competitive grant program to tackle vacant, deserted, and deteriorated homes across Michigan that will be administered by the Condition Land Lender Authority (SLBA). The SLBA operates to develop a beneficial economic effect on Michigan communities by facilitating successful reuse of land. “As governor, I am focused on investing in communities throughout Michigan to make them a superior place to raise a loved ones, get started a organization, and pursue your prospective,” stated Governor Whitmer.…
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Luxury real estate to get special tax status under ‘blight’ statute
Council moves to create $277 million infrastructure fund and grant special tax treatment to lakefront properties The Austin City Council took steps Monday to create a special tax zone to subsidize infrastructure development in a 118-acre area along Lady Bird Lake known as the South Central Waterfront. Plans for the zone call for the creation of amenities including a waterfront boardwalk, streetside rain gardens, commercial plazas, sculptures, amphitheater, and a disc golf course, as well as sidewalks, trails, and a revamped street network, at a cost of $277 million. A proportion of property taxes collected in the district would go to fund just those improvements, rather than the general fund.…
