|From:||Lenny Siegel <email@example.com>|
|Date:||Wed, 16 Jul 2008 15:12:38 -0700 (PDT)|
|Subject:||[CPEO-BIF] Durant Hotel site, Flint, Michigan|
State gives $5.8M tax credit to Durant Hotel project in Flint by Melissa Burden and Dana DeFever The Flint Journal (MI) July 15, 2008FLINT -- The former Durant Hotel in downtown Flint landed a $5.8 million brownfield tax credit from the state -- bringing the long languishing building closer to being redeveloped.
"It's one very big piece of financing for Durant," said Daniel T. Kildee, county treasurer and chairman of the Genesee County Land Bank Board of Directors. "It moves us one step closer (to redevelopment)."
...The $37.2-million project is expected to create 16 new jobs, a news release from the state said.
... For the entire article, see http://www.mlive.com/flintjournal/index.ssf/2008/07/state_gives_58m_tax_credit_to.html -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <firstname.lastname@example.org> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org
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