Tax Increment Financing (TIF) in Michigan is a state‑authorized public funding tool used to stimulate economic development, revitalize downtowns, and support redevelopment of blighted or underutilized areas. Local authorities such as Downtown Development Authorities (DDAs), Corridor Improvement Authorities, and Local Development Finance Authorities capture the increase in property tax revenues above a baseline amount and reinvest it in public infrastructure projects or redevelopment within the TIF district For brownfield sites, allows redevelopment authorities to reimburse developers for eligible cleanup and site preparation costs using captured tax increment revenues through a structured approval and work plan process.

InvestUP collaborates with developers, lenders, and government to enhance regional workforce housing through initiatives like Build U.P.'s CASH COLLATERAL PROGRAM and RESIDENTIAL INFRASTRUCTURE PROGRAM. These initiatives are significant steps towards addressing the community's housing needs. They offer essential support and resources to stakeholders involved in housing projects, fostering collaboration and innovation to tackle housing challenges. By leveraging these programs, developers, lenders, and municipalities can work together more effectively to create affordable and sustainable housing solutions, ultimately benefiting the entire region.

The Michigan Community Revitalization Program (MCRP) is an incentive program available from the Michigan Strategic Fund (MSF), in cooperation with the Michigan Economic Development Corporation (MEDC). The focus of the MCRP is to encourage and promote structural renovations and redevelopment of brownfield and historic preservation sites located in traditional downtowns and high-impact corridors. MCRP provides gap financing in the form of performance-based grants, loans, or other economic assistance for eligible investment projects in Michigan.