LEDC - Service Fees

Brownfield fees

Plan preparation w/ TIF Plan $2,500

Plan preparation w/o TIF Plan $1,000

Plan App/Processing ($750 refund if plan does not pass) $1,500

MEGA 381Review Fee (School Tax TIF Capture) $1,000

MBT Credit

Application for Michigan BusinessTax Credits $1,000

Michigan Strategic Fund MBT Credit Fee TBD on size of credit.

(Made out to Michigan Strategic Fund)

Obsolete Property Rehabilitation Act (OPRA) fees

OPRA Process ($750 refund if does not pass) $1,500

Transfer of an existing Certificate $1,000

Neighborhood Enterprise Zone (NEZ) fees

Establishing or amending an NEZ District $1,000

App. for NEZ Certificate (New Development) $150 per unit (max $5,000)

NEZ Certificate (Rental Rehab) $150 per unit (max $5,000)

New Development & Rental Rehab NEZ Transfer $100 per unit

Single Family Home NEZ Certificate & Transfer $50

Tax Abatement fees

IDD or RDD & 198 ($750 refund if does not pass) $1,500

Application of 328 Certificate $1,000

Transfer of an existing Certificate $1,000

Business Finance Assistance Program Loan

Application Fee $1,000

Closing Fee 1% of Loan Amount

Redevelopment Liquor License Application $1,000

NOTE: Payment must be received by the Lansing EDC prior to processing any of the above services or applications.