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DDA reports $166,000 in 2024 investments, seeks TIF plan update and grant opportunities
Summary
DDA Director Ross told the board the DDA invested $166,000 in physical improvements to Macomb Street in 2024, leveraged roughly $1.6 million in private investments, and plans to update the TIF plan (current DDA plan ends 2032) while pursuing grants including a GM Public Spaces grant and DTE tree grant.
DDA Director Ross presented a year-in-review for 2024, reporting the DDA invested $166,000 in physical improvements on Macomb Street and that private investment totaled about $1.6 million in building rehabs.
Ross provided a breakdown that included maintenance, capital improvements, beautification and the Art on the Isle program. He said the DDA approved roughly $54,000 in grants and provided nearly $20,000 to Macomb Street businesses for physical…
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