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The following projects have been approved by the Michigan Strategic Fund.
The Report was last updated on Jan 24, 2022.
Hastings Michigan Ave, LLC - Performance Based Grant
| Approval Date: | Nov 11, 2021 |
|---|---|
| Location: | Hastings |
| Project Investment: | Up to $4.14 million |
| Projected Jobs: | 5 |
| Projected Award Amount: | Up to $750,000 |
Detroit Black Community Food Security Network - Performance Based Grant
| Approval Date: | Oct 26, 2021 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $0 |
| Projected Jobs: | 49 |
| Projected Award Amount: | Up to $1.50 million |
619, LLC - Performance Based Other Economic Assistance
| Approval Date: | Oct 26, 2021 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | Up to $13.24 million |
| Projected Jobs: | 30 |
| Projected Award Amount: | Up to $2.20 million |
Homestretch Nonprofit Housing Corporation - Performance Based Grant
| Approval Date: | Oct 26, 2021 |
|---|---|
| Location: | Honor |
| Project Investment: | Up to $1.22 million |
| Projected Jobs: | 2 |
| Projected Award Amount: | Up to $459,434 |
J & C Development, LLC - Performance Based Grant
| Approval Date: | Sep 17, 2021 |
|---|---|
| Location: | Sault Ste Marie |
| Project Investment: | Up to $281,594 |
| Projected Jobs: | 2 |
| Projected Award Amount: | Up to $194,625 |
Bright Sky Consulting, LLC - Performance Based Grant
| Approval Date: | Aug 24, 2021 |
|---|---|
| Location: | Cheboygan |
| Project Investment: | Up to $377,290 |
| Projected Jobs: | 8 |
| Projected Award Amount: | Up to $216,300 |
Caywood Propane Gas, Inc. - Performance Based Grant
| Approval Date: | Aug 24, 2021 |
|---|---|
| Location: | Coldwater |
| Project Investment: | Up to $554,960 |
| Projected Jobs: | 2 |
| Projected Award Amount: | Up to $250,000 |
GL Rentals, LLC - Performance Based Grant
| Approval Date: | Jul 27, 2021 |
|---|---|
| Location: | Zeeland |
| Project Investment: | Up to $1.46 million |
| Projected Jobs: | 12 |
| Projected Award Amount: | Up to $500,000 |
Sawmill Lofts, LLC - Performance Based Other Economic Assistance
| Approval Date: | Jul 27, 2021 |
|---|---|
| Location: | Grayling |
| Project Investment: | Up to $11.20 million |
| Projected Jobs: | 3 |
| Projected Award Amount: | Up to $4.40 million |
North Flint Reinvestment Corporation - Performance Based Grant
| Approval Date: | Jul 27, 2021 |
|---|---|
| Location: | Flint |
| Project Investment: | Up to $5.80 million |
| Projected Jobs: | 27 |
| Projected Award Amount: | Up to $1.25 million |
BGR Investments LLC - Performance Based Grant
| Approval Date: | Jul 20, 2021 |
|---|---|
| Location: | Lowell |
| Project Investment: | Up to $600,180 |
| Projected Jobs: | 10 |
| Projected Award Amount: | Up to $444,000 |
Gemini Capital Management VII, LLC - Performance Based Grant
| Approval Date: | Jul 13, 2021 |
|---|---|
| Location: | Breckenridge |
| Project Investment: | Up to $889,075 |
| Projected Jobs: | 0 |
| Projected Award Amount: | Up to $575,000 |
Harbor Shores Community Redevelopment, LLC - Performance Based Grant
| Approval Date: | Jun 22, 2021 |
|---|---|
| Location: | Benton Harbor |
| Project Investment: | Up to $20.16 million |
| Projected Jobs: | 12 |
| Projected Award Amount: | Up to $750,000 |
7303 West McNichols LLC - Performance Based Loan
| Approval Date: | May 25, 2021 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $10.44 million |
| Projected Jobs: | 25 |
| Projected Award Amount: | Up to $1.25 million |
GLC Northern Michigan Pine, LLC - Performance Based Other Economic Assistance
| Approval Date: | May 25, 2021 |
|---|---|
| Location: | Traverse City |
| Project Investment: | Up to $25.34 million |
| Projected Jobs: | 24 |
| Projected Award Amount: | Up to $2.90 million |
Bagley Development Group - Performance Based Other Economic Assistance
| Approval Date: | May 25, 2021 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $85.74 million |
| Projected Jobs: | 25 |
| Projected Award Amount: | Up to $7.00 million |
The Pearl Building, LLC and The Doyle Family Trust - Performance Based Grant
| Approval Date: | May 7, 2021 |
|---|---|
| Location: | Howell |
| Project Investment: | Up to $1.74 million |
| Projected Jobs: | 20 |
| Projected Award Amount: | Up to $538,000 |
876 Michigan LLC - Performance Based Grant
| Approval Date: | Apr 30, 2021 |
|---|---|
| Location: | Baldwin |
| Project Investment: | Up to $1.09 million |
| Projected Jobs: | 8 |
| Projected Award Amount: | Up to $450,000 |
266 Michigan Ave Kalamazoo, LLC - Performance Based Grant
| Approval Date: | Apr 20, 2021 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | Up to $3.15 million |
| Projected Jobs: | 5 |
| Projected Award Amount: | Up to $420,000 |
Middleville Main, LLC - Performance Based Loan
| Approval Date: | Mar 23, 2021 |
|---|---|
| Location: | Middleville |
| Project Investment: | Up to $2.84 million |
| Projected Jobs: | 10 |
| Projected Award Amount: | Up to $990,000 |
