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Economic Development Incentives

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Competition for economic development and business expansion incentives is fierce. Miller Canfield attorneys have the skills, the knowledge and the connections to help you navigate the complex maize of tax credits, abatements, subsidies, exemptions and incentives available to help you make the best decisions and maximize your incentive options at every level of government.

We have successfully helped clients obtain millions of dollars of different incentives, including:

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

Employment Incentives

  • Job training and retaining 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
  • Federal New Market tax credits
  • 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 (SBA) loans
  • State Housing Development Authority loans
  • Tax-exempt industrial development revenue bonds
  • Michigan Strategic Fund