Friday, July 23, 2004
Second Round of Popular Community Development Program Heats Up
Blueprints for Michigan's Downtowns fosters community revitalization by helping communities form action plans to encourage economic growth. This year, applications were received from: Charlotte, Fremont, Highland Park, Houghton, Howard City, Imlay City, Ionia, Linden, Menominee, Milan, Saline and Wayland.
"Last year's program was a great success," said MEDC President and CEO, Don Jakeway. "Continuing the partnership with MSHDA and MML will allow us to help more communities proactively plan for the future and encourage long-term economic growth in the core of their communities."
In her 2004 State of the State address, Governor Granholm announced a focused seven-point plan for economic growth. Supporting community economic development and planning initiatives like Blueprints is part of that overall plan.
The action agendas that winning communities will formulate entail a long-term economic development vision, market analysis to determine the potential of the downtown area, a definitive course of action and formation of a public/private management team to implement the action plan. The estimated time for formulating a plan is approximately five months, with implementation estimated to take five years.
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