About the OTSC Grant

June 18, 2013

tiger stadium

Through the efforts of Senator Carl Levin, the Old Tiger Stadium Conservancy (OTSC) was awarded a grant from the US Department of Housing and Urban Development (HUD) in part to promote commercial redevelopment in the area of the former Tiger Stadium Site. With a portion of the HUD grant, the OTSC seeks to assist entrepreneurs and small business owners, by encouraging economically sound and sustainable developments.

As of March 7, 2013 the U.S. Department of Housing and Urban Development finalized the release of funds for commercial redevelopment in Corktown, Detroit, Michigan. This has allowed the first round of projects approved by OTSC to be submitted to HUD for funding. As this process occurs, OTSC will be accepting new applications for a second round of submissions. The deadline for the second round applicants is 5 pm Friday July 12, 2013.  Please visit our Apply page for more details.

For more information, please call 313-831-6100 or email alexander@zacharydetroit.com

PLEASE REVIEW THE FAQ PAGE BEFORE SUBMITTING YOUR QUESTIONS
Category Development, Housing, Planning, Services

Lending options for developers of affordable housing

August 8, 2012
Great Lakes Capital Fund’s Summer 11 issue of AVENUES TO AFFORDABILITY  provides information on financing options for developers of affordable housing. The publication breaks down new lending programs in an easy to understand manner. 
Zachary & Associates, Inc. is especially excited to see the HUD multifamily housing tax credit pilot program includes Detroit, creating a great opportunity for developers of Low Income Housing Tax Credit (LIHTC) properties. 
Interested in learning more? Check out GLCF’s article here. 
Category Development, Housing, Lending

Struggling with your business plan?

August 6, 2012

Deloitte & Touche have developed a great resource for writing a business plan.

If you are struggling with your OTSC Grant Application, we suggestion you check out their publication!

We look forward to your grant applications and will begin Round 2 Reviews August 16, 2012.

 

Category Commercial (RE)Development, Corktown, Grants, OTSC2

Round One Reviews Begin Today!

August 2, 2012

Thank you to all who have submitted your OTSC Commercial Development Grant Application! Here at Zachary & Associates we are excited to see such comprehensive applications streaming into our office. To be considered for the 1st round of funding you have until 5 pm today to drop off you application package to our office. Not ready? That’s OK! You can keep working and submit your application at any time; however, you application will not be reviewed until the next round of submissions.
(Round 2 Review Date: July 15, 2013) Remember, applications are reviewed every 2 weeks. Stayed tuned for info on the 1st round recipients in the coming in the next few weeks! 
Category Commercial (RE)Development, Corktown, Grants, OTSC2

OTSC Application Review Update

July 23, 2012

Zachary & Associates, Inc. will review the first round of applications August 2, 2012. Application review is on a rolling basis occurring every two weeks. Please be sure to provide a thorough application prior to submitting this will avoid resubmissions.

Thank you and we look forward to reviewing your applications.

More info

Category Uncategorized

OTSC Info Meeting a Success!

July 18, 2012

 

Thank you to all who attended the Old TigerStadium Conservancy Commercial Redevelopment Grant Program Informational Meeting!

OTSC and Zachary & Associates, Inc. is excited to work with existing, new and propsective small businesses in the Corktown community. Over seventy interested residents, business owners, land owners and Corktown supporters attended the meeting. We hope our presentation was insightful. Please review the FAQ page, prior to contacting Zachary & Associates, Inc. If your questions are not addressed in the FAQ, we suggest you leave a comment. Zachary & Associates, Inc. will post responses via the FAQ page. Download the application here.

Check out CURBED Detroit’s Article
Photos Courtesy of J. Quayle

Category Commercial (RE)Development, Corktown, Grants, OTSC2

OTSC Grant Program – Info Meeting!

July 10, 2012

 

Join the Old Tiger Stadium Conservancy c/o Zachary and Associates July 17th, 2012, 6 pm at the GAELIC LEAGUE to learn more about FUNDING available for commercial redevelopment in Corktown! 

RSVP to dmarco@zacharydetroit.com if you plan to attend.

Info Meeting Flyer

 

Some of you might ask, what is the Old Tiger Stadium Conservancy (OTSC)? Isn’t the stadium long gone? While the physical structure may be demolished, the spirit of Old Tiger Stadium lives on.

The Old Tiger Stadium Conservancy (OTSC) is dedicated to the sustainable redevelopment of the Old Tiger Stadium Site and the revitalization of the Corktown area.

The OTSC values:

• Economic Development
• Sustainable Development
• Balanced Community
• Tax Base Generation
• Historic Preservation
• Preservation & Revitalization of Corktown
• Entrepreneurial and Small Business Development

Through the efforts of Senator Carl Levin, the OTSC was awarded a grant from the US Department of Housing and Urban Development in part to promote commercial redevelopment in the area of the former Tiger Stadium Site. With a portion of the HUD grant, the OTSC seeks to assist entrepreneurs and small business owners, by encouraging economically sound and sustainable developments. Such developments will result in more jobs, increased tax base, improved storefronts, and contribute to the revitalization of the Corktown Commercial District.

(OTSC reserves the right to change, modify, or reject applications that do not coincide with the mission of the OTSC grant program.)

Category Commercial (RE)Development, Corktown, Grants Tags , , ,