News & Media
News
ALDI Coming to Two Rural Michigan Communities
March 18, 2024 | Property Updates
Alpena and Clare soon to welcome ALDI Grocery Stores FOR IMMEDIATE RELEASE March 18, 2024 LANSING, Mich. – ALDI is investing approximately $9.9 million to bring two new locations to rural communities in Michigan. ALDI will build and equip the two new stand-alone grocery stores in rural Michigan communities that together, will comprise approximately 42,900 […]
Read More...New Markets Tax Credits Invested into Future Webster Community Center
March 12, 2024 | New Markets Tax CreditsPress Release
Michigan Community Capital supports Micah 6’s community redevelopment project in Pontiac, Michigan. FOR IMMEDIATE RELEASE March 12, 2024 LANSING, Mich. – Micah 6 Community, a neighborhood-based nonprofit community development corporation dedicated to serving the city of Pontiac, received $15 million in New Markets Tax Credit allocation (NMTC) from Michigan Community Capital (MCC) on Tuesday, March […]
Read More...New Markets Tax Credits Invested into Muskegon Community Clubhouse Project
March 4, 2024 | New Markets Tax CreditsPress Release
Michigan Community Capital supports Boys & Girls Club of the Muskegon Lakeshore facility renovation and expansion. FOR IMMEDIATE RELEASE March 4, 2024 LANSING, Mich. – Boys & Girls Club of the Muskegon Lakeshore (BGCML) is redeveloping and expanding a long-time fitness center into a community center called the Clubhouse MKG with $5 million in New […]
Read More...Award-winning year at Michigan Community Capital
December 19, 2023 | Press Release
MCC receives nine recognition awards in 2023. LANSING, MICH. – 2023 was an award-winning year for Michigan Community Capital (MCC) who accepted nine recognition awards for multiple developments and New Markets Tax Credits investments. Five national recognitions received in 2023 included: Jack Kemp Excellence in Affordable and Workforce Housing from the Urban Land Institute (ULI) […]
Read More...Vantage Plastics Expansion Creating Job Opportunities in Bay City
December 6, 2023 | New Markets Tax CreditsPress Release
Michigan Community Capital invests New Markets Tax Credits into thermoforming company expansion. FOR IMMEDIATE RELEASEDecember 6, 2023 LANSING, Mich. – Vantage Plastics, a family-owned and operated custom thermoforming company, received $6.5 million in New Markets Tax Credit (NMTC) allocation from Michigan Community Capital (MCC) yesterday. This allocation will be utilized for the purchase and installation […]
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