Economic Development Incentives

Miller Canfield is Law +
Competition is fierce for economic development and business expansion.  Every state, county, and community is vying for new projects, more jobs, and the revenue they generate. The promises are plentiful.  The offers are attractive.  But sorting out the options, knowing the rules, and meeting the criteria can be a challenge.

Count on Miller Canfield to be your counsel and guide you through the complex maze of tax credits, abatements, subsidies, exemptions, and incentives. 

Whether you are seeking the best place to locate your business, or looking to expand, Miller Canfield can help you make the best decisions and maximize your incentive options at every level of government.  We’ve assembled skilled attorneys from relevant practice areas—real estate, government, tax, environmental law, corporate law and other areas of expertise—to create an interdisciplinary team to work in your best interests. We focus on one goal:  Maximizing incentives to your business while partnering with governmental agencies for long term success.

Results
Winning government incentives takes good timing and intuitive thinking.  It also requires keen negotiating skills and good judgment.

Miller Canfield attorneys have recently obtained the following types of incentives for our business clients:

Manufacturing and Technology Incentives

Property tax abatement
Brownfield tax credit
TIFA
Start-up business credit
Alternative energy credit
Smart zone
Renaissance zone
Enterprise zone
Federal empowerment zone
Foreign trade zone
Port authority
Underutilized business zone
Block grant
Anchor Zone tax credit
SR&ED tax

Employment Incentives
Job training and retraining grant
Work opportunity tax credit
Small business tax new employee credit
Youth apprenticeship credit

Business Investment Incentives
State investment tax credit
Personal property tax exemption
Venture capital credit
New Market tax credit
Film incentive programs

Housing Development Incentives
Neighborhood enterprise zone
Low income housing tax credit
Federal mortgage guarantee
No cost financing
State tax credit

Environmental Green Building and Sustainability Incentives
Brownfield tax credit
Pollution control property and sales tax exemption
Pollution prevention loan
Tire clean-up grants
LEED® related grant and credit
Energy conservation tax credit
Tax abatement extensions

Redevelopment Incentives
Brownfield tax credit
Historic preservation tax credit
DDA
TIFA
OPRA tax abatement
Federal and state highway programs

Special Financing
Small Business Administration loans
State Housing Development Authority loans
Tax-exempt industrial development revenue bonds
Broadband Authority loans
Michigan Strategic Fund