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Township approves IFT transfer and adopts points-based abatement policy
Cascade Charter Township Board of Trustees · February 12, 2026
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Summary
Trustees approved the transfer of an Industrial Facilities Tax (IFT) certificate for 5005 Craft Ave and adopted a new scoring policy to evaluate future IFT/abatement requests, tying abatement length to jobs, project value and green features.
Cascade Charter Township approved the transfer of an existing Industrial Facilities Tax (IFT) certificate for 5005 Craft Avenue and adopted a new IFT policy that uses a points-based scoring system to determine abatement length.
Staff explained the IFT for the property was originally granted in 2016, transferred in 2021 and has three years…
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