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City of Ionia Brownfield Redevelopment Authority Meeting Agenda Packet May 2026

Heritage Row TIF workplan from Ionia Development Company under review

City of IoniaIONIA DEVELOPMENT COMPANYMay 11, 2026

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Description

Ionia Development Company has submitted an Act 381 Workplan for its Heritage Row housing project on the former Ionia Community Hospital site, seeking tax increment financing assistance. The Brownfield Redevelopment Authority reviewed the proposal and plans to act on the request at a future meeting.

Contract Details

Vendor

IONIA DEVELOPMENT COMPANY

Agency

City of Ionia, MI

Contract Type

FINANCIAL_SERVICES

Document Date

May 11, 2026

Renewal Info

Future brownfield plan approval would govern TIF duration and any amendments; these details are not yet set.

More from IONIA DEVELOPMENT COMPANY

Related Contracts

City of Ionia Brownfield Redevelopment Authority Minutes May 2026

City of Ionia (Michigan)May 11, 2026

City of Ionia Board of Directors Meeting Agenda April 2026

City of Ionia (Michigan)$1,499,254 TIF reimbursement to developer (approx. 35% of development costs; $1,547,154 total eligible activities)April 14, 2026

City of Ionia Board of Directors Meeting Agenda April 2026

City of Ionia (Michigan)TIF reimbursement to developer $1,499,254 (approximately 35% of development costs); total project investment $4,450,000; total developer eligible activities $1,499,254 ($1,547,154 total)April 14, 2026

Issuing Agency

City of Ionia

City

City of Ionia, MI

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Vendor

IONIA DEVELOPMENT COMPANY

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More from City of Ionia

City of Ionia Downtown Development Authority Agenda Packet 2026-05-20

$1,000 (requested for 2026; prior years: 2021 – $500, 2022 – $500, 2023 – $500, 2024 – $1,000, 2025 – $1,000)May 20, 2026

City of Ionia Brownfield Redevelopment Authority Meeting Agenda Packet May 2026

City of Ionia Brownfield Redevelopment Authority Meeting Agenda Packet May 2026

City of Ionia Brownfield Redevelopment Authority Meeting Agenda Packet May 2026

$25,000 for Brownfield Plan/Act 381 Work Plan preparation (as part of eligible activities)May 11, 2026

City of Ionia Brownfield Redevelopment Authority Meeting Agenda Packet May 2026

$13,769,087 in eligible activities; $31,000,000 total project investment; TIF Reimbursement to Developer $13,769,087May 11, 2026

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