Michigan Magnet Fund
 

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Eligible Areas

Not all areas of Michigan are eligible for a MMF project. Please use the following process to see if your proposed area fits the criteria before applying for pre-approval. The determination of eligibility is a multi step process. MMF has signed an agreement with the CDFI Fund to use the criteria shown below. The Eligible areas are defined by the attached Eligible Low IncomeCommunity Criteria. We need you to complete it and submit it with your preapplication. All of the eligible NMTC census tracts are listed in a table whose link can be found below:

How to Find New Market Tax Credit Eligible Areas:
To determine whether a particular area is eligible for New Market Tax Credits, go to the following census bureau site to find the census tract number. You start by entering the address of the site. Look up the Census Tract number.

Next, use the "NMTC Eligible Michigan Census Tracts.xls" excel table. This chart contains every eligible census tract in the state of Michigan. If you don't have Excel installed you may use the free Microsoft Excel Viewer.

In the Excel spreadsheet select the name of the metropolitan area with the arrow in the column titled MSA Heading then look up the

census tract number by putting the cursor on the arrow in the Census Tract heading and selecting the number.

The Census Tract number you are looking for is the last number to the right. The first two (2) numbers represent the state (26) and the second three numbers represent the County. The number "1" in the NMTC column indicates the eligible tracts.

If you need a more assistance you can follow the more detailed instructions.

The following are for different areas of the state - This may help you quickly determine if your location is in a qualified area. However, to be sure please follow the process we have outlined above to be accurate.

State of Michigan
Benton Harbor
Detroit
Detroit Metro Area
Flint
Kalamazoo

Lansing
Grand Rapids
Northern Lower Peninsula
Saginaw
Western Michigan
Upper Peninsula
The map belows paints the big picture
The maps above target metro areas




 

13342 Sherwood Drive, Huntington Woods, MI 48070   313 445-1843, fax-432 204-1431
e-mail address bogdanaa@mmf1.org

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