Economic Development Committee Committee Meeting
The committee meeting addressed several agenda items, including the approval of a subrecipient agreement with National Faith Home Buyers to provide down payment assistance to county residents. The committee discussed and ultimately postponed an amendment to an energy management grant agreement. Additionally, the committee approved an amendment to a grant agreement with the Michigan Economic Development Corporation regarding improvements to facility access and security measures. The committee also approved a substantial amendment to the action plan for home ARP funding to enable the use of funds for permanent supportive housing projects and approved a subrecipient agreement for down payment assistance within the city of Lincoln Park. Finally, the committee reviewed and approved a three-year grant services agreement with Prosperous Detroit Micro Lending to support small business resources and access to capital in various county communities.