The Downtown Development Authority (DDA) was established pursuant to Michigan Public Act 197 of 1975, as amended, and supports private investments and business growth through loans, sponsorships and grants, capital improvements to public infrastructure and additional programs designed to increase economic activity. Funding for DDA programs comes from a number of sources such as grants, contracts, interest on loans and captured tax increments – increases in property taxes that result from new investments – on approved developments. Property owners within the DDA district pay a 1 mill property tax to fund the basis operation of the DDA.
The DDA is governed by its Board of Directors who are, with certain exceptions, appointed by the Mayor subject to the consent of Detroit City Council.
Regular meetings are held on the second and fourth Wednesday of each month at 3:00 PM. DDA may also hold special meetings as needed. A DDA Finance Committee meeting will be held Monday, July 6, 2020 at 3:00 p.m. The next regular DDA Board meeting will be held Wednesday, July 8, 2020. Meeting information can be found below under FY 2020-2021 Meetings.
All meetings are announced by a posting outside the offices of DEGC, 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.