Support for Allen Place Approved by Michigan Strategic Fund
The city of Lansing approved a 12-year Obsolete Property Rehabilitation Exemption Certification. The Lansing Economic Development Corporation also received approval of an $850,000 brownfield grant from the Department of the Environment, Great Lakes, and Energy. The project is also using a New Market Tax Credit allocation from Lansing-based Michigan Community Capital. The city of Lansing is certified with MEDC’s Redevelopment Ready Communities program and is also a Michigan Main Street community.
Construction will begin this summer with a projected completion date of late summer/fall 2021.