Economic Development and Incentives
Summary of Commercial Business Incentives and Programs
Economic
Development Administrative Fees Schedule
The City of Wyandotte has a long history of aggressively utilizing incentive
programs and working closely with businesses to promote new investment and
redevelopment. Incentives, programs, and resources available to assist in
developing commercial property or opening a business are listed below.
Incentive Programs Available Through the City of Wyandotte
• Obsolete Property
Rehabilitation Act (OPRA). OPRA provides an incentive to encourage the
significant rehabilitation of older commercial buildings. Under the program, a
portion of a property’s taxable value is “frozen” for up to 12 years at the
pre-rehabilitation value, and new investment is taxed at a significantly lower
rate, resulting in an annual property tax savings of 40%-60%.
• Brownfield Redevelopment Financing Act
(Act 381 of 1996, as amended). If a property is a “facility,” i.e. contains
contaminated soil, or has buildings that are “obsolete” or “blighted,” a
developer may be eligible for partial or full reimbursement of various expenses
incurred in redeveloping the property , including demolition, public
infrastructure, site preparation, and/or environmental investigation and
remediation. A Brownfield Plan must be prepared in accordance with Act 381 and
the City’s requirements.
• Michigan Business Tax (MBT) Credit. By preparing a Brownfield Redevelopment
Plan and obtaining approval from the Michigan Economic Development Corporation,
12.5%-20% of all eligible investment expenses on a project may be utilized as a
credit against an owner’s MBT liability. Eligible expenses include construction,
renovation and site improvements.
Michigan Business Tax Act
Michigan Business Tax Credit Program Summary
• Property Acquisition. The City, through its Downtown Development Authority and
Tax Increment Finance Authority, can assist with the acquisition and assembly of
land to facilitate business expansion and/or new development projects.
Assistance can include the demolition of existing buildings, infrastructure
improvements, and environmental testing and remediation expenses. For additional
information, please contact: Kelly Roberts, Development Coordinator, at
734-324-4555 or
kroberts@wyan.org
• 100% Personal Property Tax Exemption (Act
328 of 1998). The Act allows a 100% tax exemption for all new personal
property purchased for certain types of businesses (generally industrial and
professional office uses). The length of the exemption is determined by the
Mayor and City Council and will depend on the number of jobs created, dollars
invested, and other related criteria. The City’s current policy states that the
exemption will only be granted in very specific instances, i.e., to vacant
buildings exceeding 25,000 square feet or for particular uses, as noted in the
City’s Act 328 Policy.
Resources For Other Types of Assistance
• Wyandotte Downtown Development Authority (DDA). The DDA provides programs,
activities and services that improve and promote the downtown business district.
The DDA was established in 1988 in accordance with Act No. 197 of the Public
Acts of 1975. The DDA consists of a nine-¬member board and an executive
director. For additional information, please contact the DDA office or
visit
their website.
• Wyandotte Business Association (WBA). The WBA is an association of more than
120 local businesses that meet every week to plan events promoting the City,
coordinate advertising, and discuss issues concerning small businesses. Their
office is located on the lower level of City Hall. For additional information,
contact the WBA office at 734-324-4514 or
wba@wyan.org
or
visit their website.
• Downriver Community Conference (DCC). The DCC, located in Southgate, has
several programs to assist small businesses, including professional assistance
with preparing a business plan. For additional information, please contact Paula
Boase, Program Manager, at 734-362-3477 or
paula@dccwf.org
or
visit their website.
• Wayne County One-Stop Business Resource Center (“One-Stop”). One-Stop, located
in downtown Detroit, is Wayne County’s economic development agency and has a
variety of resources and services available. For additional information
visit their website. An additional contact is
Joan Brophy, Deputy Director of Business Development for Wayne County, at 313-
224-0820 or
jbrophy@co.wayne.mi.us
• Michigan Economic Development Corporation (MEDC). The MEDC is the State of
Michigan’s economic development agency and has a variety of resources available.
For additional information, please
visit their website.
The information under the “Products & Services” tab, titled “A-Z Programs,”
provides information regarding many programs, including tax incentive and small
business loan programs.
It should be noted that all of the incentive programs available from the City
have application fees and require approval from the City Council and other local
boards or commissions, and may require final approval from the State of
Michigan. For the City to determine the incentives available and offered, each
project may be evaluated on a number of criteria, including the nature of the
business, estimated employment and wages, and investment in buildings, land
improvements and equipment.
With the creative use of incentives and programs available through the City of
Wyandotte, a developer or business owner can most-likely redevelop an existing
building or develop vacant property in Wyandotte at a cost lower than any other
site in the Downriver area. Further, through various organizations that the City
partners with, existing or prospective business owners are able to access a
variety of programs and services focusing on the needs of small businesses.
Please contact the Community Development Department at 734-324-4541 if you
have any questions or need any additional assistance.
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