Michigan Gov. Whitmer Announces Transportation Economic Development Grant That Will Support 419 New Jobs in the City of Detroit
November 25, 2019
November 25, 2019
LANSING, Michigan, Nov. 25 -- The Michigan Department of Transportation issued the following news release:
The Michigan Department of Transportation (MDOT) has awarded a state transportation economic development fund grant that will support 419 new jobs in the city of Detroit. The Transportation Economic Development Fund (TEDF) Category A grant totaling $832,929 will help leverage more than $79,500,000 in private investment, at a private/public investment ratio of more than 95-to-1. . . .
The Michigan Department of Transportation (MDOT) has awarded a state transportation economic development fund grant that will support 419 new jobs in the city of Detroit. The Transportation Economic Development Fund (TEDF) Category A grant totaling $832,929 will help leverage more than $79,500,000 in private investment, at a private/public investment ratio of more than 95-to-1. . . .