The local community and the business negotiate the length of abatement for the new personal property tax. The law does not contain a maximum, nor a minimum number of years. Retail businesses are not eligible. The Michigan Community Development Block Grant is available to all Saginaw County communities outside the City of Saginaw. Grants are available for public infrastructure, including construction of water lines, sanitary sewer lines, streets, roads, bridges, utilities, and parking facilities.
Priority is given to base manufacturing businesses.
Retail facilities are not eligible. The new jobs must be in addition to those existing during the year preceding application for the credit. A local organization must make a financial or economic commitment to the project. The project cannot be announced or work started before the MEGA award. Total Capital investment of the project.