Development
Finance

Wednesday, June 25, 2025
3:00 p.m. EDT * Monthly on Wednesday of the fourth week * Monthly on Wednesday of the second week

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500 Griswold St Detroit, MI 48226 (Directions)

Detroit Economic Growth Corporation (DEGC), Suite 2200

Zoom links can be found in agendas. To locate agendas, click on https://www.degc.org/dda, scroll to the bottom and click on “FY 2024-2025 Meetings” under “Documents.”

Check the source website for additional information

Agency Information

Detroit Downtown Development Authority

www.degc.org

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The Downtown Development Authority (DDA) was established pursuant to Michigan Public Act 197 of 1975, as amended, and supports private investments and business growth through loans, sponsorships and grants, capital improvements to public infrastructure and additional programs designed to increase economic activity. Funding for DDA programs comes from a number of sources such as grants, contracts, interest on loans and captured tax increments – increases in property taxes that result from new investments – on approved developments. Property owners within the DDA district pay a 1 mill property tax to fund the basis operation of the DDA.

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