Detroit Next Michigan Development Corporation (the “D-NMDC”), was established pursuant to Michigan Public Act 275 of 2010, as the seventh and final Next Michigan Development Corporation, seeks to attract eligible multi-modal businesses to key employment districts within the city. These districts have a high potential for growth in key industries: manufacturing, transportation, distribution and logistics. As a part of Next Michigan Development Corporation, Detroit is granted the ability to offer tax incentives like renaissance zones, real and personal property tax exemptions, and local development financing.
The D-NMDC is governed by its Board of Directors who are, with certain exceptions, appointed by the mayor subject to the consent of City Council.
D-NMDC meetings are held quarterly at 9:00 AM. The D-NMDC may also hold special meetings. The next Regular D-NMDC meeting is scheduled September 10, 2019. Meeting announcements are posted outside DEGC offices in the Guardian Building, 500 Griswold, Suite 2200, Detroit and at the Coleman A. Young Municipal Center. For additional information, please contact Malinda Jensen, Senior Vice President for Governmental Affairs and Board Administration.