Michigan SB0898 amends the brownfield redevelopment program to modify grant and loan criteria for local units of government.

Michigan SB0898 amends the brownfield redevelopment program by modifying the criteria for grants and loans to local units of government. The bill establishes a clean Michigan initiative grant and revolving loan program for eligible activities at eligible properties with redevelopment potential. It sets conditions for grant and loan eligibility, including the requirement that the property is an eligible property and the proposed development is expected to result in measurable economic benefit.

Michigan SB0898 amends the brownfield redevelopment program to modify grant and loan criteria for local units of government.

Michigan SB0898 amends the brownfield redevelopment program by modifying the criteria for grants and loans to local units of government. The bill establishes a clean Michigan initiative grant and revolving loan program for eligible activities at eligible properties with redevelopment potential. It sets conditions for grant and loan eligibility, including the requirement that the property is an eligible property and the proposed development is expected to result in measurable economic benefit.