Financing Sources
Financing sources for this project
may include, but are not limited to:
Public Financing Sources:
Small Business Loan Transaction
(SBLT)
Tax Increment Financing (TIF)
Downtown Development Authority
Funding
Detroit Economic Growth
Corporation Period Financing
Michigan State Housing Development
Authority (MSHDA)
Recycled UDAG Funds - Department
of Housing and Urban Development
Home Funds - City of Detroit
Section 108 Loan - City of Detroit
EDA Loan Guarantees
Michigan Department of Commerce
Block Grant, ISTEA, SPEEDA
(infrastructure and site)
Private Financing Sources:
Conventional Mortgage
Pension Funds
Historic Tax Credit Syndication
(Equity)
Private Offerings
Local Bank CDC's (Equity through
Tax Credit Purchases)
Project Hard Costs
Total Project Cost and
Sources Summary
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