brownfield http://michiganradio.org en Michigan getting more federal money to cleanup brownfield sites http://michiganradio.org/post/michigan-getting-more-federal-money-cleanup-brownfield-sites <p>Michigan is getting about $1.5 million from the federal government to help with the continued cleanup of polluted former industrial sites.</p><p></p><p>The grant money will fund brownfield assessments, job training and cleanup of sites in Genesee County and southeast Michigan.&nbsp;</p><p></p><p>“By redeveloping these sites, cleaning them up and redeveloping them…we’re essentially contributing economic activity to these communities,” Susan Hedman, the region 5 EPA administrator, said at a news conference in Flint, “Creating jobs….and transforming communities.”</p><p></p> Thu, 22 Aug 2013 19:56:41 +0000 Steve Carmody 14110 at http://michiganradio.org Michigan getting more federal money to cleanup brownfield sites Courting buyers for GM's old properties in Flint, Genesee County http://michiganradio.org/post/courting-buyers-gms-old-properties-flint-genesee-county <p>The man leading the effort to clean up and dispose of General Motors’ vacant properties says more potential buyers are showing interest.</p><p></p><p>Elliot Laws is the Administrative Trustee of the RACER Trust. &nbsp;&nbsp;RACER stands for “Revitalizing Auto Communities Environmental Response.”&nbsp; The trust was created during GM’s bankruptcy.</p><p></p><p>Laws says interest in the old GM plant sites is rising along with the economy.</p><p></p><p>“There’s a lot of cash out there for people to invest,” says Laws, “They’ve been holding onto trying to see what’s going to happen.”</p><p></p> Wed, 26 Jun 2013 03:26:56 +0000 Steve Carmody 13249 at http://michiganradio.org Courting buyers for GM's old properties in Flint, Genesee County 4 projects awarded state tax incentives http://michiganradio.org/post/4-projects-awarded-state-tax-incentives <p>The Michigan Economic Development Corporation <a href="http://www.michiganadvantage.org/Press-Releases/MEGA-approves-Detroit-Meijer-and-Grand-Rapids-urban-market/">approved tax breaks Tuesday</a> in exchange for new investment and jobs.</p><p>MEDC spokesman Joseph Serwach says one of the four projects receiving tax breaks includes a much-needed grocery store in the City of Detroit.</p> Tue, 15 Nov 2011 18:30:45 +0000 Lindsey Smith 4999 at http://michiganradio.org 4 projects awarded state tax incentives EPA giving money to help Michigan communities clean up brownfield sites http://michiganradio.org/post/epa-giving-money-help-michigan-communities-clean-brownfield-sites <p>Seven Michigan communities are getting help from the federal government to clean up contaminated industrial sites.&nbsp;&nbsp; Environmental Protection Agency Administrator Lisa Jackson says her agency is awarding <a href="http://www.epa.gov/brownfields/">brownfield cleanup grants</a> to Lansing, Albion, Inkster, Northville and three other Michigan communities.&nbsp;&nbsp;&nbsp;</p><p>The grants total $2.9 million.&nbsp;&nbsp;</p> Mon, 06 Jun 2011 19:22:10 +0000 Steve Carmody 2766 at http://michiganradio.org EPA giving money to help Michigan communities clean up brownfield sites Reinvention vs. Redevelopment: A panel discussion at the Mackinac Policy Conference http://michiganradio.org/post/reinvention-vs-redevelopment-panel-discussion-mackinac-policy-conference <p>Michigan Radio&#39;s Lester Graham moderated a panel discussion looking into the current state of brownfield redevelopment in Michigan at the Mackinac Policy Conference last week.</p><p>He spoke with <a href="http://www.michiganadvantage.org/Staff/Michael-A--Finney/">Michael Finney</a>, the President and CEO of the Michigan Economic Development Corporation, and <a href="http://www.environmentalcouncil.org/about/staff.php">James Clift</a>, the Policy Director for the Michigan Environmental Council.</p><p>They talked about Governor Snyder&#39;s plan to replace the current system of brownfield tax credits with up-front grant money for redevelopment.</p><p>You can watch the discussion below.</p><p><strong>Environmental Panel: Reinvention vs. Redevelopment</strong></p><p><span class="LimelightEmbeddedPlayer"><script src="http://assets.delvenetworks.com/player/embed.js"></script><object class="LimelightEmbeddedPlayerFlash" data="http://assets.delvenetworks.com/player/loader.swf" height="317" id="limelight_player_872087" name="limelight_player_872087" type="application/x-shockwave-flash" width="430"><param name="movie" value="http://assets.delvenetworks.com/player/loader.swf" /><param name="wmode" value="window" /><param name="allowScriptAccess" value="always" /><param name="allowFullScreen" value="true" /><param name="flashVars" value="playerForm=a8b1144494c647ebbf79eaf60b2d0f5d&amp;mediaId=6f60ef52f6174467a65c6b5038ab3a99" /></object><script>LimelightPlayerUtil.initEmbed('limelight_player_872087');</script></span> Mon, 06 Jun 2011 18:58:28 +0000 Mark Brush & Lester Graham 2758 at http://michiganradio.org Reinvention vs. Redevelopment: A panel discussion at the Mackinac Policy Conference Budget deal reduces dollars for redevelopment http://michiganradio.org/post/budget-deal-reduces-dollars-redevelopment <p>The new budget deal struck this week between Governor Rick Snyder and Republican legislative leaders cuts the amount of money for redeveloping abandoned factories and preserving historic buildings.</p><p>The governor says the state won&rsquo;t need to rely so much on targeted incentives in the future.</p><p>The new budget will zero out brownfield and historic preservation tax credits, and replace them with a new fund to offer economic development grants.</p><p>$50 million will be set aside for brownfields and historic preservation.</p><p>That&rsquo;s $15 to $20 million dollars less than the state targets now.</p><p>But Governor Snyder says the state can do a better job of choosing projects &quot;and hopefully make those dollars go farther than they are today.&quot;</p><p>Mark Morante, with the Michigan Economic Development Corporation, says the state will target only projects most likely to be completed.</p><p>In the past, many tax credits that were awarded went unclaimed. He also says the state won&rsquo;t need to rely on incentives as much because tax changes will bring down the cost of doing business.</p><blockquote><p>&quot;With this six percent corporate income tax and roughly an 80 percent cut in corporate taxes in general, our job will be a little easier on that side of the table, so we will probably need less incentives,&quot; said Morante.&nbsp;</p></blockquote><p>Those tax reforms have been criticized as a tax shift onto individuals. But the governor and his Republican allies in the Legislature say that will be worth it if it creates new jobs. Fri, 20 May 2011 21:33:48 +0000 Rick Pluta 2598 at http://michiganradio.org State incentives lead to GM's investment in Warren Tech Center http://michiganradio.org/post/state-incentives-lead-gms-investment-warren-tech-center <p>State tax breaks worth $10 million are leading to an investment in GM&#39;s Warren Tech Center.</p><p>Warren <a href="http://news.michiganradio.org/post/warren-mayor-says-gm-likely-add-more-jobs-city">Mayor Jim Fouts</a> indicated an announcement like this would be coming last month.</p><p>From the <a href="http://detnews.com/article/20110517/AUTO01/105170397/1148/auto01/GM-gets-$10M-tax-break-for-Warren-tech-facility">Detroit News</a>:</p><blockquote><p>General Motors Co. won $10 million in tax incentives from the state today to build a new information technology facility at its Warren Tech Center.</p><p>The $130 million project &mdash; expected to create about 25 permanent jobs &mdash; will add on to the Cadillac Building on the campus and occupy about 30-acres of land located along Van Dyke Avenue. The new jobs will pay an average of $44 an hour, according to the Michigan Economic Development Corporation.</p></blockquote><div style="overflow: hidden; color: rgb(0, 0, 0); background-color: transparent; text-align: left; text-decoration: none; border: medium none;"><p>The brownfield tax credits valued at $10 million were approved this morning by the Michigan Economic Growth Authority board.</p><div style="overflow: hidden; color: rgb(0, 0, 0); background-color: transparent; text-align: left; text-decoration: none; border: medium none;">The state brownfield tax credits involved in this deal won&#39;t be around for long.</div><div style="overflow: hidden; color: rgb(0, 0, 0); background-color: transparent; text-align: left; text-decoration: none; border: medium none;">&nbsp;</div><div style="overflow: hidden; color: rgb(0, 0, 0); background-color: transparent; text-align: left; text-decoration: none; border: medium none;">In Governor Snyder tax overhaul plan, approved by state legislators, the tax credits will be replaced with a system that will grant redevelopment money up front. Wed, 18 May 2011 16:53:57 +0000 Mark Brush 2549 at http://michiganradio.org State incentives lead to GM's investment in Warren Tech Center Snyder wants to scrap tax breaks for cleaning up old industrial sites http://michiganradio.org/post/snyder-wants-scrap-tax-breaks-cleaning-old-industrial-sites <p>http://stream.publicbroadcasting.net/production/mp3/michigan/local-michigan-967813.mp3</p><p>A state Senate committee opens hearings tomorrow on Governor Rick Snyder&rsquo;s tax reform proposals.</p><p>Altogether, two dozen tax breaks could disappear if the governor&rsquo;s plan is adopted.</p><p>Ending the tax exemption for pensions has gotten a lot of attention, but the plan would also largely eliminate the use of tax breaks that encourage the re-use of old factories and historic buildings. Mon, 09 May 2011 21:53:47 +0000 Rick Pluta 2416 at http://michiganradio.org Snyder wants to scrap tax breaks for cleaning up old industrial sites The state of Michigan to help brownfield redevelopment http://michiganradio.org/post/state-michigan-help-brownfield-redevelopment <p>The state of Michigan will soon increase assistance to redevelop old industrial sites.&nbsp;</p><p>The Associated Press reports:</p><blockquote><p><span lang="EN">Redevelopment projects in Detroit, Flint, </span><span lang="EN">Grand Rapids, Hamtramck and Lansing are getting a boost with </span><span lang="EN">state</span><span lang="EN">tax</span><span lang="EN"> incentives.&nbsp; </span></p> Tue, 14 Dec 2010 17:48:38 +0000 584 at http://michiganradio.org The state of Michigan to help brownfield redevelopment