On October 26, the Executive Committee of the GLCEDC approved two matching grant programs to be funded by the Livingston County Board's grant of $500,000. The Commercial Building Improvement Grant (CBIG) is designed to entice property owners to make improvements to existing structures that will remove obstacles for new businesses seeking to locate in the structure. Our goal is to improve the commercial building stock in the County so that new businesses can more easily be recruited to the area. We want to be able to offer new businesses numerous buildings that are in "move-in" condition.
The Community Development Infrastructure Grant (CDIG) is a matching grant given directly to municipalities for economic development purposes. Municipalities apply directly for the grant and the funds can be used for infrastructure improvements, property acquisition, and other projects related to economic development. The grants can not be used for tax exempt purposes or for public services.
Please follow the link to the GLCEDC website for more information and applications: http://www.glcedc.org/news.html