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Vital Funding for State’s Small Businesses Gains Michigan Strategic Fund Support

Economic assistance for small businesses around Michigan that have been negatively impacted by the COVID-19 virus gained approval from the Michigan Strategic Fund, the Michigan Economic Development Corporation announced today.

“We understand small businesses across our state are facing unprecedented challenges as we take every step possible to mitigate the spread of coronavirus,” said Governor Gretchen Whitmer. “Through decisive actions like those taken today by the MSF Board to authorize relief for small businesses throughout Michigan, we are leveraging every resource available to support our businesses, communities and entrepreneurs around the state impacted by this outbreak.”

The Michigan Small Business Relief Program approved today authorizes the MEDC provide up to $20 million in support for small businesses. The funding is divided between $10 million in small business grants and $10 million in small business loans to support businesses facing drastic reductions in cash flow and the continued support of their workforce.

The $10 million in grant funding will be provided to local or nonprofit economic development organizations throughout the state to provide grants up to $10,000 each to support certain small businesses that have realized a significant financial hardship as a result of the COVID-19 virus.

In order to qualify for grant support, businesses must meet the following criteria:

  • The company is in an industry outlined in Executive Order 2020-9, or any subsequent Executive Order of similar intent (“EO”), or demonstrates it is otherwise affected by the COVID-19 outbreak, as well as meeting additional criteria;
  • The company has 50 employees or fewer;
  • The company needs working capital to support payroll expenses, rent, mortgage payments, utility expenses, or other similar expenses that occur in the ordinary course of business; and
  • The company is able to demonstrate an income loss as a result of the EO, or the COVID-19 outbreak.

Additionally, the program authorizes the MEDC to provide up to $10 million for small business loans to one or more Community Development Financial Institutions (“CDFI”) or a licensed SBA not-for-profit institutions (“Eligible SBA Non-Profit”), or directly from the MSF to eligible borrowers to be used to provide low-interest loans with flexible repayment terms to support certain small businesses statewide that have realized a significant financial hardship as a result of the COVID-19 outbreak. Loans to eligible borrowers must be $50,000 or more and are capped at $200,000. 

In order to qualify for loan support, businesses must meet the following criteria:

  • The company is in an industry outlined in Executive Order 2020-9 (“EO”), or demonstrates it is otherwise affected by the COVID-19 outbreak, or is a company that provides goods and services to companies to the aforementioned;
  • The company has fewer than 100 employees;
  • The company needs working capital to support payroll expenses, rent, mortgage payments, utility expenses, or other similar expenses that occur in the ordinary course of business;
  • The company can demonstrate that it is unable to access credit through alternative sources;
  • The company can demonstrate an income loss of as a result of Executive Order 2020-9.

The MEDC anticipates that at least 1,100 businesses across the state will benefit from this program.

The Michigan Small Business Relief Program will be a top priority for the MEDC, with funds being available no later than April 1, 2020. Loan and grant proceeds under the Michigan Small Business Relief Program may be used for working capital to support payroll expenses, rent, mortgage payments, utility expenses, or other similar expenses that occur in the ordinary course of business. Through this program, in combination with other programs and services, the state will ensure economic support is available to Michigan’s small businesses to overcome anticipated loss of revenue as a result of the COVID-19 virus through both grant and loan opportunities.

“With the outbreak of COVID-19, many small businesses are faced with significant economic impacts, including challenges with cash flow and resources to support their workforce,” said MEDC CEO Mark A. Burton. “The Michigan Small Business Relief program will provide immediate assistance to the small businesses around the state who are facing revenue loss as a result of tough, but necessary steps that have been taken to mitigate the spread of the virus.”

The Michigan Small Business Relief Program is the latest effort of MEDC to support Michigan businesses as they are impacted by COVID-19. MEDC has just launched a new free, statewide online procurement platform for buyers and suppliers of critical health and human services across a broad range of categories to minimize the impact of the virus in the state. The platform will allow health and human service providers in need of critical supplies to connect with suppliers of vital goods and services.

It also builds Governor Whitmer’s application for a U.S. Small Business Administration Economic Injury Disaster Loan (EIDL) declaration to ensure federal economic support is available to Michigan businesses. Earlier this month, Congress passed legislation making $1 billion available to the SBA to provide low-interest loans to small businesses, small agricultural cooperatives and nonprofits that have suffered substantial economic losses due to the COVID-19 outbreak. These loans offer up to $2 million in assistance to support businesses with any temporary loss of revenue they are experiencing due to the outbreak, and will have a significant regional impact for communities across the state as the COVID-19 situation evolves.

For more resources for small businesses in Michigan impacted by COVID-19 visit michiganbusiness.org/covid19.

Information around this outbreak is changing rapidly. The latest information is available at Michigan.gov/Coronavirus and CDC.gov/Coronavirus.  

The Michigan Strategic Fund also took the following actions today:                               

Red Cedar Development Project – The City of Lansing Brownfield Redevelopment Authority requested approval of a Brownfield Act 381 Work Plan including $32,453,324 in school tax capture to support a development project on the former Red Cedar Golf Course site in the city of Lansing. As presented by the developers, the plan seeks to build a variety of pads to sell to related entities leaving some ambiguity as to the future development to occur on the site.

The MSF board today voted to deny the request because the development as proposed lacked details necessary to verify the financial need or the regional benefits, and the project generally does not comport with the state’s economic development priorities. The board’s action does not impact the local brownfield authority’s ability to move forward with their partial financing of the project.

Lofts on Alabama LLC amendment – Originally approved in June 2015, the Lofts on Alabama project included the demolition of an existing structure and rehabilitation of an existing building into market-rate apartments and a parking ramp in Grand Rapids. The project today received MSF approval to refinance from a loan participation agreement to a Fannie Mae senior loan and a new direct loan on the balance owed to the MSF. The new financing structure provides more advantageous terms, resulting in more monthly income to cover debt service payments.

About Michigan Economic Development Corporation (MEDC)                                         

The Michigan Economic Development Corporation is the state’s marketing arm and lead advocate for business development, job awareness and community development with the focus on growing Michigan’s economy. For more information on the MEDC and our initiatives, visit www.MichiganBusiness.org. For Pure Michigan® tourism information, your trip begins at www.michigan.org. Join the conversation on: FacebookInstagramLinkedIn, and Twitter.

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MUSKEGON HEIGHTS ADOPTS COMPRESSED WORK WEEK WITH EXTENDED HOURS

January 15, 2020

Beginning Tuesday January 21, 2020, as the City of Muskegon Heights, “Sets its Sights on the New and Greater Heights”, the City Hall will have extended business hours Monday through Thursday 8:00 a.m. – 6:30 p.m., as enhanced customer service to our community. Residents will be able to maximize their time with the extended hours to visit City facilities. Furthermore, the City of Muskegon Heights is striving in the near future to offer residents more progressive services, such as a mobile phone application which will provide additional customer service communication capability and functionality.

City Hall will be open a ½ hour earlier in the morning and 1 ½ hours later in the evening. City Hall will be closed on Fridays. The following provides a detailed schedule of city services and how they will be affected.

Community Development Department (Planning & Zoning, and Building Inspection):  Residents and business owners will be able to conduct planning and zoning related business at City Hall Monday through Thursday from 8:00 a.m. to 6:30 p.m. The Community Development offices will be closed on Fridays. For additional information please call 231-733-8830. Building Inspections will be offered Monday through Thursday from 8:00 a.m. to 6:00 p.m. The Building Inspections offices will be closed on Fridays. For inspection requests call 231-733-8860.

Fire: Administrative offices will operate Monday through Thursday from 8:00 a.m. to 6:30 p.m. The Fire Administration office will be closed on Fridays. If you would like to schedule a station

tour, or fire inspection, please call Fire Administration at 231-733-8890. As always, for emergencies dial 911.

Police: Administrative offices will operate Monday through Thursday from 8:00 a.m. to 6:30

p.m. The Police Administrative office will be closed on Fridays. Police Operations will continue to be available anytime. As always, for emergencies dial 911. The Police lobby will be open for walk in traffic Monday through Thursday from 8:00 a.m. to 6:30 p.m. and will be closed Fridays. For non-emergency information please call 231-733-8900.

Public Works: Public Works crews will operate on a Monday through Thursday schedule from 7:00 a.m. to 5:30 p.m. The Public Works facility will be closed on Fridays. As always after hours  emergency service can be reached calls by calling 231-737-4130. 

Cemetery: Mona View Cemetery offices will now offer additional hours of operation Monday through Thursday from 7:00 a.m. to 5:30 p.m. Burial requests for Friday through Monday should be made with the cemetery office before 4:00p.m. the Wednesday prior to the burial. Friday burials will be the same rate as Saturday. 

Frequently Asked Questions

What will City Hall’s new hours be?

Beginning Monday January 20, 2020, City Hall will be open Monday through Thursday from 8:00 a.m. to 6:30 p.m. City Hall will be closed on Friday. 

Why is the City closing on Friday?

The majority of residents frequent City Hall Monday through Thursday, as opposed to Friday. This is a City Manager efficiency initiative designed to reduce the City’s utility costs by being closed on Friday when patronage is low. In addition, the change will provide extended hours for residents Monday through Thursday. This is also a means to attract and retain employees, increase employee morale, and improve citizen interaction. 

Why extend the hours of City Hall?

Many Muskegon Heights residents have to take time out of their workday to access City services such as paying a water bill or getting a building permit. Extended City hours will allow residents more convenient access to City services before or after their workday.

Will City employees be working less hours by having Fridays off?

City employees will work only 38 hours a week, many of whom will work four 9.5-hour days to provide extended service Monday through Thursday.

Will I still be able to pay my utility bill on Fridays?

Yes, multiple options are available for making payment during, or outside of, business hours: 

  • A drop-box, located in front of the City Hall, provides a secure location for customers to deposit their Muskegon Heights payments (check or money order). 
  • Customers will soon have the option to set up an online account to make a payment at their convenience using a card or checking account. 
  • Currently, the Consumers Energy Direct Payment Office will remain open with normal Monday through Friday hours.  

Will I be able to schedule to have my water turned on/off on Fridays?

Yes, the City will work with new customers on an individual, as-needed, basis to ensure they have access to new utility services on Fridays. The City will continue the current practice of avoiding scheduled turn offs on Thursdays and Fridays.

Will the day my water bill is due be affected by City Hall being closed on Fridays?

No, utility bill due dates will not be affected by City Hall being closed on Fridays. Bills due on weekend will be on that following Monday. 

Can I still schedule construction inspections on Fridays? Building Inspections will be offered Monday through Thursday from 8:00 a.m. to 6:00 p.m. For inspection requests you can call 231-733-8860

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DID YOU KNOW….You can skip the line on Election Day and vote by mail? Voting has never been easier!

DID YOU KNOW….You can skip the line on Election Day and vote by mail?  Voting has never been easier! With the passage of Proposal 18-3 last November, new changes are available for Michigan voters.  One of the biggest changes is that ALL eligible registered voters in Michigan may now request an absent voter ballot without providing a reason.  You can also request to be placed on the permanent absentee voter list to save a step in the future. Visit or call the Muskegon Heights Clerk’s office to request an application prior to any Election, request to be placed on the permanent list, or if you have any questions about the process (231)733-8820.  Sharon Gibbs, City Clerk https://muskegonheights.us/skip-the-line

adminDID YOU KNOW….You can skip the line on Election Day and vote by mail? Voting has never been easier!
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