On August 4, the Michigan Economic Development Corporation (MEDC) awarded a $175,231 brownfield SBT credit for the restoration of two historic buildings in Detroit's Midtown neighborhood.
The developer - Charlotte Holiday Townhouses, LLC - will use the tax credit and $1.8 million in private investment to restore the vacant Victorian-style buildings - located west of Woodward between the Detroit Medical Center and Ford Field - to create 10 new rental apartments.
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