[CPEO-BIF] Durant Hotel site, Flint, Michigan

[Lenny Siegel <lennysiegel@gmail.com>]

State gives $5.8M tax credit to Durant Hotel project in Flint

by Melissa Burden and Dana DeFever
The Flint Journal (MI)
July 15, 2008

FLINT -- 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
<lsiegel@cpeo.org>
http://www.cpeo.org



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