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Please note that data are cataloged by fiscal years. For more info see our user guide.

City of Grand Rapids, MI Revenue Losses from Subsidy Programs

Click on the name of a program for more details.

Year	Program Name	Program Type	Gross Revenue Loss	Reimbursement / offset	Net Revenue Loss	Type of Loss
2022	Brownfield Redevelopment Program	Brownfield rehabilitation	$1,977,556	$0	$1,977,556	Active
2022	Payment in Lieu of Taxes	Affordable Housing	$1,099,521	$0	$1,099,521	Active
2022	New Personal Property Exemption	Capital investment	$201,468	$0	$201,468	Active
2022	Neighborhood Enterprise Zone Exemption	Construction/rehabilitation	$195,472	$0	$195,472	Active
2022	Obsolete Property Rehabilitation Exemption	Construction/rehabilitation	$146,643	$0	$146,643	Active
2022	Industrial Facilities Exemption	Facility expansion	$140,387	$0	$140,387	Active
2022	Renaissance Zones	Job Creation/Retention	$119,950	$0	$119,950	Active
2022	Air & Water Pollution Control	Environmental protection	$10,175	$0	$10,175	Active
2021	Payment in Lieu of Taxes	Affordable Housing	$980,150	$0	$980,150	Active
2021	Brownfield Redevelopment Program	Brownfield rehabilitation	$1,796,760	$0	$1,796,760	Active
2021	New Personal Property Exemption	Capital investment	$240,181	$0	$240,181	Active
2021	Obsolete Property Rehabilitation Exemption	Construction/rehabilitation	$133,937	$0	$133,937	Active
2021	Neighborhood Enterprise Zone Exemption	Construction/rehabilitation	$176,653	$0	$176,653	Active
2021	Air & Water Pollution Control	Environmental protection	$10,258	$0	$10,258	Active
2021	Industrial Facilities Exemption	Facility expansion	$126,310	$0	$126,310	Active
2021	Renaissance Zones	Job Creation/Retention	$158,818	$0	$158,818	Active
2021	Tool and Die Recovery Renaissance Zones	Manufacturing development	$1,425	$0	$1,425	Active
2020	Payment in Lieu of Taxes	Affordable Housing	$945,804	$0	$945,804	Active
2020	Brownfield Redevelopment Program	Brownfield rehabilitation	$1,600,095	$0	$1,600,095	Active
2020	New Personal Property Exemption	Capital investment	$243,815	$0	$243,815	Active
2020	Obsolete Property Rehabilitation Exemption	Construction/rehabilitation	$105,823	$0	$105,823	Active
2020	Neighborhood Enterprise Zone Exemption	Construction/rehabilitation	$155,516	$0	$155,516	Active
2020	Air & Water Pollution Control	Environmental protection	$10,395	$0	$10,395	Active
2020	Industrial Facilities Exemption	Facility expansion	$122,167	$0	$122,167	Active
2020	Renaissance Zones	Job Creation/Retention	$119,559	$0	$119,559	Active
2020	Tool and Die Recovery Renaissance Zones	Manufacturing development	$3,882	$0	$3,882	Active
2019	Tool and Die Recovery Renaissance Zones	General Economic Development	$6,329	$0	$6,329	Active
2019	Air and Water Pollution Control	General Economic Development	$10,476	$0	$10,476	Active
2019	Renaissance Zones	General Economic Development	$104,665	$0	$104,665	Active
2019	Obsolete Property Rehabilitation Exemption	General Economic Development	$118,135	$0	$118,135	Active
2019	Neighborhood Enterprise Zone Exemption	General Economic Development	$118,650	$0	$118,650	Active
2019	Industrial Facilities Exemption	General Economic Development	$132,465	$0	$132,465	Active
2019	New Personal Property Exemption	General Economic Development	$179,842	$0	$179,842	Active
2019	Payment in Lieu of Taxes	General Economic Development	$882,032	$0	$882,032	Active
2019	Brownfield Redevelopment Program	General Economic Development	$1,214,013	$0	$1,214,013	Active
2018	Payment in Lieu of Taxes	Affordable Housing	$854,952	$0	$854,952	Active
2018	Brownfield Redevelopment Program	Brownfield rehabilitation	$908,534	$0	$908,534	Active
2018	New Personal Property Exemption	Capital investment	$192,475	$0	$192,475	Active
2018	Neighborhood Enterprise Zone Exemption	Construction/rehabilitation	$88,520	$0	$88,520	Active
2018	Obsolete Property Rehabilitation Exemption	Construction/rehabilitation	$91,162	$0	$91,162	Active
2018	Agricultural Processing Renaissance Zones	General Economic Development	$40,296	$0	$40,296	Active
2018	Air & Water Pollution Control	Environmental protection	$11,319	$0	$11,319	Active
2018	Industrial Facilities Exemption	Facility expansion	$142,586	$0	$142,586	Active
2018	Renaissance Zones	Job Creation/Retention	$121,559	$0	$121,559	Active
2018	Tool and Die Recovery Renaissance Zones	Manufacturing development	$18,097	$0	$18,097	Active
2017	Air & Water Pollution Control	Environmental protection	$11,901	$0	$11,901	Active
2017	Tool & Die Recovery Renaissance Zones	General Economic Development	$25,734	$0	$25,734	Active
2017	Neighborhood Enterprise Zone Exemption	General Economic Development	$60,788	$0	$60,788	Active
2017	Obsolete Property Rehab Exemption	General Economic Development	$93,310	$0	$93,310	Active
2017	Agricultural Processing Renaissance Zone	General Economic Development	$97,262	$0	$97,262	Active
2017	Industrial Facilities Exemption	General Economic Development	$151,643	$0	$151,643	Active
2017	New Personal Property Exemption	General Economic Development	$230,273	$0	$230,273	Active
2017	Brownfield Redevelopment Program	General Economic Development	$696,922	$0	$696,922	Active
2017	Payment in Lieu of Taxes (PILOT)	General Economic Development	$839,202	$0	$839,202	Active
2017	Renaissance Zones	Job Creation/Retention	$43,979	$0	$43,979	Active
	TABULATED TOTAL		$18,309,841	$0	$18,309,841