Brownfield Redevelopment
Brownfield Redevelopment Authority Summary as applicable to the
City of Wyandotte.
The City established its Brownfield Redevelopment Authority
(BRA) on August 25, 1997, pursuant to the Brownfield
Redevelopment Financing Act, Public Act 381 of 1996, as amended.
The Authority is a 9-member board appointed by the Mayor and
approved by the City Council. The Authority and the City Council
are responsible for reviewing and adopting Brownfield
Redevelopment Plans to promote the revitalization of properties
that are functionally obsolete, blighted or environmentally
distressed throughout the City.
The BRA provides incentives to the private sector to play an
active role in the revitalization of distressed real estate.
These incentives allow utilization of tax increment financing
for activities authorized under Act 381, including environmental
site assessments, environmental remediation, building
demolition, public infrastructure, and site improvements. An
approved Brownfield Plan is also required in order to apply for
a Michigan Business Tax Credit from the Michigan Economic Growth
Authority (MEGA).
As of January 2009, the BRA and Mayor and Council have approved
eleven (11) Brownfield Redevelopment Plans, that upon completion
of construction, will facilitate more than $196,000,000 million
in property investment, 232,300 square feet of new or renovated
commercial and industrial space, 435 jobs and 163 housing units.
Brownfield Redevelopments Financing Act, Public Act 381
Brownfield Redevelopment Financing Act, Public Act 381 of 1996,
as amended allows Brownfield Redevelopment Authorities to
utilize tax increment financing to implement the Brownfield
redevelopment projects.
The incremental increases to property tax revenues can be used
to finance eligible activities on the site, including baseline
environmental assessments, due care activities and additional
response activities. Within Core Communities, tax increment
financing can also be used to fund demolition, public
infrastructure, site preparation and lead and asbestos
abatement. Unlike other Michigan tax increment financing tools (DDA’s,
LDFA’s, etc.), the Brownfield program allows for the capture of
BOTH local and school taxes. In order to capture school tax
levies, Michigan Department of Environmental Quality (MDEQ)
and/or Michigan Economic Growth Authority (MEGA) approval is
required.
Brownfield Redevelopment Financing Act
Michigan Business Tax Act
Michigan Business Tax Credit Program Summary
Brownfield Reimbursement Policy
Brownfield Work Plan Development Process
Guidelines and information about Brownfields may be found on the
for
MEDC website.
Program Fact Sheet Resource Documents
The Brownfield Michigan Business Tax (MBT) credit provides an
incentive in the form of a tax credit for eligible redevelopment
investments on Brownfield property. The Brownfield Tax Increment
Financing (TIF) incentive allows the utilization of tax
increment financing to implement Brownfield redevelopment
projects.
Click here to read an overview of the Brownfield MBT.
A municipality or community may create a Brownfield Redevelopment
Authority (BRA) to develop and implement Brownfield projects. Click
here to read about the BRA.
How to Establish a BRA and Adopt a Brownfield Plan
Eligible MEGA Non-Environmental Activities Guidance (Issue Date
30DEC09)
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