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Community Revitalization and Business Attraction See Bump in FY 2013-2014 Budget

Posted on May 28, 2013 by nbrown

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 nbrown@mml.org or 517-908-0305.

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