July 1, 2020
Source: Kathleen Achtenberg
Department: Michigan Economic Development Corporation
Seven community development projects will generate $5.7 million in private investment. Impacted communities include Kalamazoo, Allegan, Hastings, Adrian, Calumet, Iron Mountain and Mason. Projects will bring needed housing, new vibrancy to downtowns across state.
LANSING, Mich. -- Projects that will support growth and economic recovery in seven communities including Kalamazoo, Adrian, Allegan, Calumet, Hastings, Iron Mountain, and Mason have received support from the Michigan Strategic Fund, the Michigan Economic Development Corporation announced today. In total, the projects are expected to generate a total private investment of $5.73 million and will bring new vitality and economic activity in downtowns across the state.
"Today's MSF approvals demonstrate our continued focus on laying a path for economic growth and recovery in Michigan, while continuing to support the community projects that will secure the long-term economic health of our state, said MEDC Senior Vice President of Community Development Michele Wildman. We are pleased to work with our local partners on these projects, which will help make Michigan an even more attractive place to live, work, and play."
To learn more about the individual projects, read the entire article Community revitalization projects to support continued economic growth, local vitality around Michigan.