MSF Brownfield Site Investment Program
The Brownfield Redevelopment Financing Act, Act 381 of 1996, as amended (“Brownfield Act”) created the state brownfield redevelopment fund into which certain monies captured from school taxes from brownfield work plans are deposited. The Brownfield Act directs the MSF to create and operate a loan program to fund eligible applicants to support certain eligible activities on eligible properties, each as defined by the Brownfield Act. The purpose of the Brownfield Site Investment Program is to provide a loan to local communities to prepare brownfield sites for redevelopment (“MSF Support”).