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Monroe officials outline use of Brownfield TIF to subsidize attainable housing under 2023 law
Summary
City staff explained how Michigan’s 2023 PA 90 allows Brownfield tax-increment financing to be used for housing projects that serve households at 120% of area median income or less, how plans are vetted locally and by MSHDA, and what steps Monroe will take next.
City staff on Monday sketched how Monroe could use newly eligible Brownfield tax-increment financing to help make downtown and other vacant sites viable for attainable housing.
Mark Hackran, the city’s assistant city manager and director of economic and community development, led a work-session presentation that began with “Brownfield 101” and moved into how a 2023 change in state law (PA 90 of 2023) allows reimbursement of housing development costs as eligible Brownfield activities. Hackran said the rule applies when housing units serve households at 120% of the area median income (AMI) or below and pointed to Monroe County’s single-person AMI, which the presentation listed as $64,300.
Hackran said the city’s Brownfield Redevelopment Authority and the city council must vet and approve Brownfield plans locally; if a plan proposes capturing school operating…
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