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2020

Kentwood, MI Revenue Losses from Subsidy Programs

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Program Name Program Type Gross Revenue Loss Reimbursement / offset Net Revenue Loss Type of Loss
Brownfield Redevelopment Financing Act Brownfields rehabilitation $58,000 $0 $58,000 Active
Industrial Facilities Tax Abatement Industrial development $215,000 $0 $215,000 Active
Low Income Housing Affordable housing $86,000 $0 $86,000 Active
New Personal Property Exemption Act Economic development $167,000 $0 $167,000 Active
TABULATED TOTAL $526,000 $0 $526,000