Monday, June 19, 2006
Michael Shore, MEDC
MEDC Grant to Help Create Jobs and Investment Downtown
The grant is being made available by the MEDC with funds provided by the federal Community Development Block Grant program.
The MEDC is able to award approximately $40 million in federal CDBG funds each year. There are 1,655 local governments within the state eligible to apply for these funds. Projects are approved contingent upon compliance with state and federal requirements.
The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life. For more information on MEDC initiatives and programs, visit the Web site at www.michigan.org.
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