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economic development services group


Brownfield Tax Increment Financing

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The Brownfield Redevelopment Financing Act allows Brownfield Redevelopment Authorities (BRA), such as the Macomb County BRA to authorize tax increment financing for the implementation of redevelopment projects. The incremental increases to property tax revenues can be captured and used to finance eligible activities on a site, including baseline environmental assessments, due care activities and additional environmental response activities. Within core communities (in Macomb County: Center Line, Eastpointe, Mount Clemens and Warren) tax increment financing can also be used to fund demolition, public infrastructure, site preparation and lead and asbestos abatement.

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