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News

MCC Awarded $60 Million in New Markets Tax Credit Allocation

October 31, 2022 |

Allocation will support projects in low-income census tracts within the State of Michigan FOR IMMEDIATE RELEASE October 31, 2022  LANSING, Mich. – Michigan Community Capital (MCC) is pleased to announce their award of $60 million in New Markets Tax Credit (NMTC) allocation from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) on Friday, October […]

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New Markets Tax Credits Invested into Downtown Sturgis Mixed-use Development

September 8, 2022 |

Michigan Community Capital among Community Development Entities supporting The Watershed development by Root and Branch Real Estate FOR IMMEDIATE RELEASESeptember 8, 2022 The Watershed, a development by Root and Branch Real Estate, will redevelop three underutilized sites downtown Sturgis by constructing a new modern, five-story, 25,000-square-foot mixed-use building. The roughly $11 million-project is being supported […]

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For Lease – Broadway Lofts Suite B

April 6, 2022 |

Starting at $1,900/month 1,250 square feet 14-foot ceilings Designated parking for tenant  New construction  High traffic, ground level  Rough-in HVAC, plumbing, drywall and slab floor is already complete Finished drywall is ready for paint Tenant Improvement allowance or build to suit negotiable Available for immediate occupancy Suite B enjoys an entrance from the rear parking […]

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MAC Trailer Enterprises Expands Manufacturing into Mt. Pleasant Facility

April 1, 2022 |

Michigan Community Capital supports MAC Trailer Enterprises expansion with $7 million in New Markets Tax Credit allocations FOR IMMEDIATE RELEASEApril 1, 2022 LANSING, Mich. – MAC Trailer Enterprises (MAC Trailer) is expanding its manufacturing capabilities in Mt. Pleasant, Michigan with the support of $7 million in New Markets Tax Credit (NMTC) allocation from Michigan Community […]

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New Markets Tax Credits Invested into Detroit Food Commons Development Project

March 29, 2022 |

Michigan Community Capital among CDE’s supporting Detroit Food Commons development with New Markets Tax Credit allocations FOR IMMEDIATE RELEASEMarch 30, 2022 LANSING, Mich. – A newly constructed two-story, 31,000-square-foot building on Woodward Avenue in Detroit will house Detroit Food Commons. The nearly $20-million project spearheaded by nonprofits Detroit Black Community Food Security Network (DBCFSN) and […]

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