The Community Revitalization and Business Attraction program will see a $20 million dollar increase for fiscal year 2013-2014, for a grand total of $120 million in the pot. The governor recommended the $20 million increase, while the Senate recommended a $10 million increase and the House recommended a decrease. The conference committee went with the governor’s recommendation and increased the program by $20 million.
At least $20 million of this $120 million pot is still to be used specifically for brownfield and historic preservation projects in the Community Revitalization portion of the program.
Nikki Brown is a legislative associate for the League handling economic development and land use issues. She can be reached at email@example.com or 517-908-0305.