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2020
Pontiac, 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 | Brownfields rehabilitation | $22,493 | $0 | $22,493 | Active |
| Industrial Facilities Tax Exemption | Industrial development | $134,578 | $0 | $134,578 | Active |
| New Personal Property Tax Exemption Act | Business attraction/retention | $1,670,845 | $0 | $1,670,845 | Active |
| State Housing Development Authority Act | Affordable housing | $566,784 | $0 | $566,784 | Active |
| TABULATED TOTAL | $2,394,700 | $0 | $2,394,700 |
