Michigan Strategic Fund

The Michigan Strategic Fund (MSF) was created by P.A. 270 of 1984 and has broad authority to promote economic development and create jobs.

MSF Board

Governor Snyder signed Executive Order 2012-9 on June 26, 2012 abolishing the MEGA Board and transferring the various responsibilities of the MEGA to the Michigan Strategic Fund effective August 25, 2012. The MSF board has the following responsibilities: 

COVID-19 Response:
MEDC continues to provide vital economic support across Michigan.

MSF Board Members

MSF Public Comment Policy

In June 2023, the Michigan Strategic Fund Board voted to adopt a public comment policy to ensure all members of the public have a fair and adequate opportunity to be heard at Board meetings and to help facilitate orderly conduct of the meeting itself pursuant to the Open Meetings Act. The MSF and MEDC value public comments and appreciate members of the public taking time to join us and share their perspectives on projects taking place throughout the state.

A copy of the Public Comment Policy is available here. For those who would like to make a public comment, you may register prior to the meeting by clicking on the button below. The meeting moderator will call on the last 4 digits of your phone number to signal your turn to speak. All comments should be kept to three minutes or less.

Public comments and supporting materials may also be submitted to the board at msfcomments@michigan.org. In order to ensure that members of the MSF Board have access to comments and materials submitted via email, they must be provided no later than noon the day prior to the scheduled meeting. The MEDC cannot guarantee that materials provided after this deadline will be incorporated into the board materials for the scheduled meetings.

REGISTER TO MAKE A PUBLIC COMMENT

MSF Meeting Agenda

The Michigan Strategic Fund meets monthly in Lansing and continues to help fuel new economic activity across Michigan, strengthening our communities and creating good jobs for our residents. 

An 11-member board has statutory authority to direct state appropriations to support business development, community development, talent enhancement and state marketing activities, including the promotion of tourism, film industry, arts and cultural affairs.

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Find Additional Reports
Browse for MSF and other reports in the Reports & Data section

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Tax Equity and Fiscal Responsibility Act (TEFRA) Notices

On December 31, 2018, the U.S. Department of Treasury published final regulations amending the public approval requirements for tax-exempt private activity bonds. The Tax Equity and Fiscal Responsibility Act of 1982 ("TEFRA") provided for public notice, hearing and approval requirements set forth in Section 147(f) of the internal revenue code of 1986, as amended. The TEFRA Requirements must be satisfied as a precondition to the issuance of tax­ exempt private activity bonds, including exempt facility bonds and qualified 50l(c)(3) bonds. The Final TEFRA Regulations apply to all tax-exempt private activity bonds issued on or after April 1, 2019, by the Michigan Finance Authority, Michigan State Housing Development Authority, and Michigan Strategic Fund.

2023 MSF BOARD MEETING DATES

All meetings are held at the MEDC Lansing Office, Lake Michigan Conference Room, at 10:00 a.m. unless otherwise noted.

  • Tuesday, January 24, 2023
  • Monday, February 13, 2023 at 12:30 p.m.*
  • Tuesday, February 28, 2023 at 9:00 a.m.
  • Tuesday, March 28, 2023
  • Tuesday, April 25, 2023 at 9:00 a.m.
  • Tuesday, May 23, 2023
  • Tuesday, June 27, 2023 at 9:00 a.m.
  • Tuesday, July 25, 2023
  • Tuesday, August 22, 2023

  • Tuesday, September 26, 2023
     
  • Zoom Weblink & Dial-In information:
    Weblink: https://michiganbusiness.zoom.us/j/81039761790?pwd=UVJacTBjOEJYTHBXMnhtcFMweEdGUT09
    Dial-In: (312) 626-6799
    Meeting ID: 810 3976 1790
    Passcode: 065416

    For those who would like to make a public comment, you may now register prior to the meeting by clicking on the button below. The meeting moderator will call on the last 4 digits of your phone number to signal your turn to speak. All comments should be kept to three minutes or less. Public comments and supporting materials may also be submitted to the board at msfcomments@michigan.org

    REGISTER ONLINE TO MAKE A PUBLIC COMMENT

    Please Note: Pre-registration is not required to provide public comment at the board meeting. Members of the public may address the Board during the public comment portion without submitting a request online. A member of the public who submits written public comments via email is not precluded from also speaking during the public comment period of the board meeting.

    If any person with a disability needs accommodations to participate in this meeting, please contact Katelyn Wilcox Surmann at (517) 899-9070 at least one day prior to the meeting.

  • Tuesday, October 24, 2023
  • Tuesday, December 12, 2023***

*Special meeting scheduled
**Meeting time changed to 12:30 p.m.
***Combined November/December Meeting

MSF BOARD MEETING MINUTES

MSF BOARD PACKETS

MSF FOIA Policy and Procedures

Please submit all FOIA requests to medcfoia@michigan.org. For more information, please read the MSF Freedom of Information Act policies and procedure document