Michigan Compiled Laws 270-1984-8c Chapter 8c (125.2090...125.2090d)

• Section 125.2090 Community Revitalization; Findings And Declarations.
  The legislature finds and declares that any activity under this chapter to promote community revitalization will accelerate private investment in areas of historical disinvestment,...
• Section 125.2090a Definitions.
  As used in this chapter: (a) "Community revitalization grant" or "grant" means a grant that is approved under section 90b and that is subject...
• Section 125.2090b Michigan Community Revitalization Program; Community Revitalization Incentives; Placement Of Funds In 21st Century Jobs Trust Fund; Application; Criteria; Approval Or Denial; Limitation On Amount Of Loans, Grants, And Other Economic Assistance; Written Agreement; Use Of Annual Appropriation From 21st Century Jobs Trust Fund; Fees; Findings And Declaration.
  (1) The fund shall create and operate the Michigan community revitalization program to provide community revitalization incentives for eligible investments on eligible property in...
• Section 125.2090c Community Revitalization Grant; Application; Assignment; Form; Determination; Issuance Of Grant Proceeds.
  Upon satisfying a milestone established in a written agreement for which the board has approved a community revitalization grant under section 90b, the applicant...
• Section 125.2090d Milestone; Application For Loan Disbursement; Assignment; Distribution; Repayment Provision; Posting Information On Internet Website.
  (1) Upon satisfying a milestone established in a written agreement for which the board has approved a community revitalization loan under section 90b, the...

Last modified: October 10, 2016