Michigan Community Revitalization Program (MCRP)
Michigan Community Revitalization Program (MCRP) supports Michigan redevelopment projects with financing that closes development gaps and helps turn underused properties into places for private investment.
Funder: Michigan Economic Development Corporation
Due Dates: No application deadline listed
Funding Amounts: Up to $10 million per project; grants capped at $1.5 million
Summary: MCRP provides development gap financing to help revitalize eligible properties in Michigan communities.
Key Information: Applicants must document eligible property and work with an MEDC Community Assistance team member.
Description
The Michigan Community Revitalization Program (MCRP) promotes private investment by financing redevelopment projects in Michigan. The Michigan Economic Development Corporation (MEDC) administers the program on behalf of the Michigan Strategic Fund (MSF). Its focus is transforming underutilized properties, particularly brownfield and historic sites in or supporting traditional downtowns and high-impact corridors.
MCRP provides performance-based grants, loans or other economic assistance to address development financing gaps. Projects may advance placemaking, historic redevelopment or job growth. Support is determined through a needs analysis and expressed as a percentage of eligible investment; applicants should explore other funding sources before seeking MCRP assistance.
