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The following projects have been approved by the Michigan Strategic Fund.
The Report was last updated on Jun 25, 2022.
GT Housing, LLC - Performance Based Loan
| Approval Date: | May 24, 2022 |
|---|---|
| Location: | Sturgis |
| Project Investment: | Up to $11.98 million |
| Projected Jobs: | 25 |
| Projected Award Amount: | Up to $4.10 million |
City of Coldwater - Performance Based Grant
| Approval Date: | May 18, 2022 |
|---|---|
| Location: | Coldwater |
| Project Investment: | Up to $1.10 million |
| Projected Jobs: | 0 |
| Projected Award Amount: | Up to $750,000 |
Park North, LLC - Performance Based Grant
| Approval Date: | May 18, 2022 |
|---|---|
| Location: | Calumet |
| Project Investment: | Up to $0 |
| Projected Jobs: | 5 |
| Projected Award Amount: | Up to $462,400 |
Quay Docks LLC - Performance Based Grant
| Approval Date: | May 12, 2022 |
|---|---|
| Location: | Port Huron |
| Project Investment: | Up to $2.60 million |
| Projected Jobs: | 30 |
| Projected Award Amount: | Up to $681,701 |
Marine City Apartments, LLC - Performance Based Grant
| Approval Date: | May 2, 2022 |
|---|---|
| Location: | Marine City |
| Project Investment: | Up to $1.37 million |
| Projected Jobs: | 3 |
| Projected Award Amount: | Up to $746,244 |
1108 Water Street, LLC - Performance Based Grant
| Approval Date: | Apr 26, 2022 |
|---|---|
| Location: | Bay City |
| Project Investment: | Up to $3.31 million |
| Projected Jobs: | 30 |
| Projected Award Amount: | Up to $1.50 million |
619, LLC - Performance Based Other Economic Assistance
| Approval Date: | Apr 26, 2022 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | Up to $16.27 million |
| Projected Jobs: | 30 |
| Projected Award Amount: | Up to $3.40 million |
The Tezcuco, LLC - Performance Based Grant
| Approval Date: | Apr 23, 2022 |
|---|---|
| Location: | Hancock |
| Project Investment: | Up to $1.04 million |
| Projected Jobs: | 1 |
| Projected Award Amount: | Up to $359,090 |
Cooke Capital, LLC - Performance Based Loan
| Approval Date: | Mar 22, 2022 |
|---|---|
| Location: | Fowlerville |
| Project Investment: | Up to $3.72 million |
| Projected Jobs: | 6 |
| Projected Award Amount: | Up to $1.45 million |
16530 East Warren, LLC - Performance Based Loan
| Approval Date: | Mar 22, 2022 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $0 |
| Projected Jobs: | 25 |
| Projected Award Amount: | Up to $1.31 million |
Industry Detroit QOZB, LLC - Performance Based Loan
| Approval Date: | Mar 22, 2022 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $36.49 million |
| Projected Jobs: | 380 |
| Projected Award Amount: | Up to $4.00 million |
Gemini Capital Management VIII, LLC - Performance Based Loan
| Approval Date: | Feb 22, 2022 |
|---|---|
| Location: | Village of Merrill |
| Project Investment: | Up to $4.07 million |
| Projected Jobs: | 0 |
| Projected Award Amount: | Up to $1.92 million |
Buffalo Dragon Investments, LLC - Performance Based Grant
| Approval Date: | Feb 17, 2022 |
|---|---|
| Location: | Marquette |
| Project Investment: | Up to $2.31 million |
| Projected Jobs: | 6 |
| Projected Award Amount: | Up to $432,824 |
730 Leonard Street Partners LLC - Performance Based Grant
| Approval Date: | Feb 1, 2022 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $2.88 million |
| Projected Jobs: | 10 |
| Projected Award Amount: | Up to $447,978 |
Sisu Ventures, LLC - Performance Based Grant
| Approval Date: | Feb 1, 2022 |
|---|---|
| Location: | Houghton |
| Project Investment: | Up to $592,296 |
| Projected Jobs: | 2 |
| Projected Award Amount: | Up to $350,709 |
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 |
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 |
