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E DCS: 1. Type of project Business Residential Utility Infrastructure Project (UIP) 2. If this is a UIP, project is the applicant a renaissance zone project? Yes No a. To be considered a Renaissance Zone project, the project would need to take place in the Renaissance Zone and be a utility company. b. If this is a property owner affected by a UIP not participating in a renaissance zone project, is the property owner in the Renaissance Zone? Yes No 3. Name of applicant(s)/or business name I.

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The Renaissance Zone program is a collaborative effort between the City of Detroit, the County of Wayne, and the State of Michigan to give tax incentives to residents and businesses. The City of Detroit has designated eighteen areas as Renaissance Zones.

The Renaissance Zone Credit encourages businesses and individuals to help revitalize a designated Zone by providing a credit for businesses located and conducting business activity within the Zone.

The Renaissance Zone provides both property tax and income tax incentives to property and business owners who invest in qualified projects. There are five different types of Renaissance Zone projects: rehabilitation, new construction, purchase with major improvements, lease, and historical rehabilitation.

Beginning on January 1, 1997, nine geographic areas of the state received renaissance zone designations: the Benton Harbor/St. Joseph/Benton Township area, Detroit, Flint, the Gogebic/Ontonagon/Houghton Counties area, Grand Rapids, Lansing, Manistee County, the Montcalm/Gratiot Counties area, and Saginaw.

Renaissance Zones are a state program designed to provide an incentive to spur new jobs and investment. Kalamazoo, Comstock Township and Battle Creek cooperated to create one Renaissance Zone. No additional Renaissance Zones can be created. The current Renaissance Zone expires in 2024.

Certain geographic areas within Detroit were designated as Renaissance Zones. This designation grants tax relief to qualified corporations located and conducting business activity within a Detroit Renaissance Zone.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232