Posted by – Sam Seimer, Director of Authorities
The Auburn Hills Tax Increment Finance Authority (TIFA) is always seeking creative measures to help the community thrive. Nearly a decade ago, the Directors of TIFA implemented a Site Improvement Grant, which provides a dollar-for-dollar match to businesses for the improvement of their landscaping, site furnishings, signage and other façade enhancements.
Some of the most recent and noticeable TIFA Site Improvement Grants include The HUB Stadium and Nexteer Automotive.
The TIFA Board of Directors is dedicated to growing Downtown Auburn Hills, and in that spirit, they have approved a new Business Expansion Grant of up to $300,000 in 2018!
The purpose of this grant is to assist commercial businesses looking to expand to a second location in Downtown Auburn Hills. This recruitment tool can help a restaurant or retail store furnish the building and make it move-in-ready for the new tenant. The grant is subject to approval by the TIFA Board and is similar to the Site Improvement Grant in that it also requires a dollar-for-dollar match.
The Grant application will be available online soon. If you have any questions, or perhaps are a business owner looking to expand in our Downtown, please contact the City at 248.370.9400.