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West Michigan developers are taking notice of a new tax deferral mechanism intended to spur investment in both urban and rural areas, even if they lack details on how the program will be implemented.

Published in Real Estate

KALAMAZOO — The federally-mandated deinstitutionalization of developmentally disabled individuals in the 1970s led to the creation of group homes throughout the United States and launched nonprofits such as Residential Opportunities Inc. to manage them.

Published in Nonprofits
Sunday, 24 December 2017 16:43

Large-scale development to continue in 2018

Tower cranes constructing offices, hotels and apartments dot the skyline in and around downtown Grand Rapids.

Published in Crystal Ball

GRAND RAPIDS — A West Michigan real estate firm has moved to settle a federal civil lawsuit alleging it engaged in racketeering and other fraudulent activities by charging higher rents at properties once intended for affordable housing.

Published in Commercial Real Estate

HOLLAND — Faced with a shortage of housing for people at various income levels, community leaders in Michigan’s fastest-growing county are exploring new ways to develop residential units.

Published in Commercial Real Estate

Municipalities and Land Bank Authorities across the state — including several in West Michigan — have received more than $3.6 million from the Michigan State Housing Development Authority (MSHDA) to combat blight.

Published in In the News

Michigan’s House and Senate may be in recess for most of the summer, but legislative issues continue to percolate. Advocates continue their work to move forward a range of legislation, including bills that would bring back tax credits for the redevelopment of historic buildings and another that would curb a controversial tax loophole. MiBiz checked in on the status of the two packages.

Published in Economic Development

GRAND RAPIDS — Two large downtown sites along Division Avenue will likely remain vacant, at least for the foreseeable future.

Published in Commercial Real Estate

Two projects in Grand Rapids, as well as housing developments in Lansing, Charlotte and Hartford, have been awarded competitive affordable housing tax credits.

Published in In the News

GRAND RAPIDS — A lawsuit filed last week alleges a West Michigan real estate firm engaged in racketeering and other fraudulent practices in order to charge higher rents at properties intended for affordable housing.

Published in Commercial Real Estate
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