Detroit welcomes businesses from around the world and around the block by offering a variety of financial resources and incentives. These programs are specifically targeted to inspire economic growth for relocating or expanding businesses. From tax abatements and Brownfield plans to workforce development training, Detroit offers the solutions businesses need to be successful.
The Detroit Brownfield Redevelopment Authority was established to promote the revitalization of environmentally distressed and blighted areas in the city. Developers of properties that qualify as contaminated, blighted or functionally obsolete and are part of an approved Brownfield plan may be eligible for Tax Increment Financing for both environmental and non-environmental activities, such as:
- Baseline environmental assessments
- Due care activities
- Lead or asbestos abatement
- Site preparation
- Public infrastructure improvement
Download the DBRA Tax Increment Financing Information Sheet for more information.