State of Michigan Awarded $3M to American Center for Mobility

The new testing facility for automated and connected vehicles in Ypsilanti Township has been designated a Renaissance Zone by the Michigan Strategic Fund, with an estimated $1.85 million in property taxes abated on an annual basis.

 

The Renaissance Zone designation is for a 15-year time span, with property taxes partially offset by a Payment in Lieu of Taxes agreement between Ypsilanti Township, Willow Run Arsenal of Democracy Landholdings Limited Partnership and The American Center for Mobility.

 

In March, the Michigan Strategic Fund announced it was providing a nearly $3 million grant to assist The American Center for Mobility's plan to create an automated and connected vehicle testing facility in Ypsilanti Township.

 

Read more at mlive.com

2018-01-01
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