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Local Development Finance Authority

Upcoming Local Development Finance Authority Meetings

 

No events

 

The Local Development Finance Authority (LDFA) is a primary means of making tax increment financing procedures available to assist industrial development. Utilizing Tax Increment Financing (TIF), the authority captures any increases in property valuations above a base level established before the redevelopment process beings. The LDFA is a public corporate body created primarily to plan and finance the development and redevelopment of the designated facilities, agricultural processing facilities, and high technology activity; LDFA’s are typically used to finance the infrastructure and public improvements necessary to attract these types of businesses to an area. The Local Development Finance Authority meets once per year, in December.

 

LDFA Members

Brenda Stumbo
Karen Lovejoy Roe
Larry Doe
Andrew Fanta
Tom Manchester
Ronnie Peterson
Steve Hardy
Lori Hubbard

Charter Township of Ypsilanti  •  7200 S. Huron River Dr. Ypsilanti, Mi 48197  •  (734) 484 - 4700

Mon. - Fri., 8:30am - 4:30pm  •  Closed 12:00pm - 1:00pm daily

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