Build MI Community Grant Initiative

The Build MI Community Grant is an initiative administered by the Michigan Economic Development Corporation (MEDC) on behalf of the Michigan Strategic Fund (MSF). The program is designed to promote private investment in Michigan communities by providing real estate development gap financing and technical assistance for small-scale, incremental redevelopment projects. Its primary goal is to reactivate underutilized or vacant space into vibrant areas while familiarizing developers and property owners who have limited experience with the development process, positioning them to undertake more complex projects in the future.

Eligible applicants are property owners and developers taking on small-scale projects. Applicants who have completed recognized real estate development training may qualify for additional funding and project-specific technical assistance. Projects are evaluated on competitiveness across local and regional impact, place, and economic/financial considerations. Competitive projects align with local master plans or economic strategies, demonstrate infrastructure readiness, address local market needs (including housing), incorporate human-centric design, contribute to walkable mixed-use districts, and demonstrate clear financial need and viability. Priority consideration is given to projects located in Redevelopment Ready Communities, designated Michigan Main Street communities, or Geographically Disadvantaged Areas (GDAs).

To apply, applicants must coordinate directly with their regional MEDC Community Development Manager to submit a completed application and supporting documentation. MEDC conducts a review against program criteria and Place goals; if aligned, a Letter of Intent (LOI) is issued. Following a full statutory and financial review, staff prepares a recommendation to MEDC leadership for approval. Approved applicants enter into a formal legal agreement establishing development milestones required for funds disbursement, and must complete required reporting and compliance verification through project closeout.