MI New Economy
Governor Whitmer has three major proposals that will support community infrastructure investments to support business growth and regional planning and projects that will complement the MI New Economy plan, and increase the return on investment of Michigan's American Rescue Plan dollars overall.
The Regional Resiliency Fund would have two primary purposes.
Governor Whitmer recommends an investment of $100 million to proactively address the impacts being seen in Michigan communities by investing in projects that enable population and tax revenue growth.
The Michigan Large and Strategic Sites Initiative will accelerate Michigan's economic recovery by providing resources for the state and local communities to make crucial investments in sites that will accommodate major expansion opportunities by existing and new employers considering Michigan.
Governor Whitmer has proposed different programs that will lead to more attainable and affordable housing units, and one proposal that will lead to reduced monthly housing costs through smaller energy bills.
This significant $100 million investment will expand access to affordable and attainable housing, help close equity gaps and support the development of vibrant communities.
The Brownfield Bridge Fund awards will provide a benefit equivalent to a performance-based grant to the developer.
Making homes in Michigan healthier, cleaner and more energy-efficient will benefit both individuals and the environment.