Rockford Construction receives more state and local welfare to expand their control of land on Grand Rapids westside

New post on Grand Rapids Institute for Information Democracy

Rockford Construction receives more state and local welfare to expand their control of land on Grand Rapids westside
by Jeff Smith (GRIID)
On Tuesday, it was announced that the Michigan Strategic Fund board approved the Brownfield project receiving a $13.2 million tax break and a $6.3 million low-interest loan, according to an article that appeared on MLive. — https://griid.org/2017/04/27/rockford-construction-receives-more-state-and-local-welfare-to-expand-their-control-of-land-on-grand-rapids-westside/

Grand Rapids Institute for Information Democracy

On Tuesday, it was announced that the Michigan Strategic Fund board approved the Brownfield project receiving a $13.2 million tax break and a $6.3 million low-interest loan, according to an article that appeared on MLive. 

CEO of Rockford Construction, Mike VanGessel said of this news:

“A project of this scale requires a high level of collaboration at the local and state level. We are thankful to the City of Grand Rapids and the State of Michigan for their support in making this vision a reality for our neighborhood. This is a key approval for this transformational project, and it couldn’t move forward without it.”

What VanGessel is really saying is that unless public money is redirected to Rockford Construction for this project, they would not be able to make the kind of profits they want from such an endeavor.

Rockford Construction and other developers would have us all believe that…

View original post 873 more words

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