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Michigan Strategic Fund
The Michigan Strategic Fund (MSF) was created by P.A. 270 of 1984 and has broad authority to promote economic development and create jobs.MSF Board
Governor Snyder signed Executive Order 2012-9 on June 26, 2012 abolishing the MEGA Board and transferring the various responsibilities of the MEGA to the Michigan Strategic Fund effective August 25, 2012. The MSF board has the following responsibilities:
- Approve grants and loans under the Michigan Business Development Program;
- Approve grants and loans under the Michigan Community Revitalization Program;
- Approve the use of Private Activity Revenue Bonds;
- Authorize the submittal by local units of government of Community Development Block Grant applications;
- Recommend to the State Administrative Board Agricultural Processing, Renewable Energy and Forest Products Processing Renaissance Zone designations;
- Approve Tool and Die Renaissance Recovery Zones; and
- Act as the fiduciary agent with respect to the 21st Century Jobs Fund investments;
- Pursuant to statute, the Chief Compliance Officer provides advice and guidance in regard to the 21st Century Jobs Fund.
MSF Board Members
MSF Public Comment Policy
Michigan Strategic Fund Board meetings are held in-person at the principal office of the Michigan Strategic Fund located at 300 N. Washington Square, Lansing, Michigan 48913 and are open to members of the public. In June 2023, the MSF Board voted to adopt a public comment policy to help facilitate orderly conduct of the meetings and ensure all members of the public attending the meetings have a fair and adequate opportunity to make a comment pursuant to the Open Meetings Act. The MSF and MEDC value public comments and appreciate members of the public taking time to join us and share their perspectives on projects taking place throughout the state.
In March 2024, the Michigan Strategic Fund Board voted to adopt a revised public comment policy designed to expand the opportunity for public comment by permitting members of the public who are not in attendance at the meeting to comment using telecommunications technology.
A copy of the Public Comment Policy is available here. For those who will not be attending the meeting, but would like to provide a public comment using telecommunications technology, you must register prior to the meeting by clicking on the button below. The Board Liaison will call your name or the last 4 digits of your phone number to signal your turn to speak.
Public comments and supporting materials may also be submitted in writing to the board at [email protected]. In order to ensure that members of the MSF Board have access to comments and materials submitted via email, they must be provided no later than noon the day prior to the scheduled meeting. The MEDC cannot guarantee that materials provided after this deadline will be incorporated into the board materials for the scheduled meetings.
MSF Meeting Agenda
The Michigan Strategic Fund meets monthly in Lansing and continues to help fuel new economic activity across Michigan, strengthening our communities and creating good jobs for our residents.
An 11-member board has statutory authority to direct state appropriations to support business development, community development, talent enhancement and state marketing activities, including the promotion of tourism, film industry, arts and cultural affairs.
View the most current meeting agenda document
Click hereView all TEFRA notices
Click hereTax Equity and Fiscal Responsibility Act (TEFRA) Notices
On December 31, 2018, the U.S. Department of Treasury published final regulations amending the public approval requirements for tax-exempt private activity bonds. The Tax Equity and Fiscal Responsibility Act of 1982 ("TEFRA") provided for public notice, hearing and approval requirements set forth in Section 147(f) of the internal revenue code of 1986, as amended. The TEFRA Requirements must be satisfied as a precondition to the issuance of tax exempt private activity bonds, including exempt facility bonds and qualified 50l(c)(3) bonds. The Final TEFRA Regulations apply to all tax-exempt private activity bonds issued on or after April 1, 2019, by the Michigan Finance Authority, Michigan State Housing Development Authority, and Michigan Strategic Fund.
2024 MSF BOARD MEETING DATES
All meetings are held at the MEDC Lansing Office located at 300 North Washington Square, Lansing, MI 48913 in the Lake Michigan Conference Room. All meetings are held at 9:00 AM EST unless noted otherwise.
- Tuesday, January 23, 2024
- Tuesday, January 30, 2024*
- Tuesday, February 27, 2024
- Tuesday, March 26, 2024
- Tuesday, April 16, 2024
- Tuesday, May 21, 2024
- Tuesday, July 9, 2024
- Tuesday, July 23, 2024
- Tuesday, August 27, 2024
- Tuesday, September 24, 2024
Webinar Link: https://michiganbusiness.zoom.us/j/84694331947?pwd=xM86o1HhYWjIocOwl7ykCZl2hDhahJ.1
Webinar ID: 846 9433 1947
Passcode: 023861
Dial-In: (929) 205-6099
- Tuesday, October 22, 2024
- Tuesday, December 10, 2024***
For those who would like to make a public comment, you must pre-register prior to the meeting by clicking on the button below. The Board Liaison will call your name or the last 4 digits of your phone number to signal your turn to speak. Public comments and supporting materials may also be submitted to the board at [email protected].
Please click on the button below for more information on how to speak during public comment.REGISTER ONLINE TO MAKE A PUBLIC COMMENT
Please Note: Pre-registration is required to provide virtual public comment at the board meeting. A member of the public who submits written public comments via email is not precluded from also pre-registering to speak during the public comment period of the board meeting.
If any person with a disability needs accommodations to participate in this meeting, please contact Natalie Davenport at (517) 388-8299 at least one day prior to the meeting.
*Special meeting scheduled
**Meeting time changed
***Combined November/December Meeting
Notice of Amendment:
MSF BOARD MEETING MINUTES
- July 23, 2024
- July 9, 2024
- May 21, 2024
- April 16, 2024
- March 26, 2024
- February 27, 2024
- January 30, 2024
- January 23, 2024
- December 12, 2023
- October 24, 2023
- September 26, 2023
- August 22, 2023
- July 25, 2023
- June 27, 2023
- May 23, 2023
- April 25, 2023
- March 28, 2023
- February 28, 2023
- February 13, 2023
- January 24, 2023
- December 13, 2022
- November 9, 2022
- October 25, 2022
- October 5, 2022
- September 29, 2022
- September 27, 2022
- September 7, 2022
- August 23, 2022
- July 26, 2022
- June 28, 2022
- June 2, 2022
- May 24, 2022
- April 26, 2022
- March 22, 2022
- February 22, 2022
- January 25, 2022
- January 11, 2022
- December 7, 2021
- October 26, 2021
- September 28, 2021
- August 24, 2021
- July 27, 2021
- June 22, 2021
- May 25, 2021
- April 27, 2021
- March 23, 2021
- February 23, 2021
- January 26, 2021
- January 14, 2021
- December 8, 2020
- November 30, 2020
- October 27, 2020
- September 22, 2020
- August 25, 2020
- July 28, 2020
- July 7, 2020
- June 23, 2020
- May 19, 2020
- April 14, 2020
- March 19, 2020
- February 25, 2020
- January 22, 2020
- December 17, 2019
- December 4, 2019
- November 26, 2019
- October 22, 2019
- September 24, 2019
- July 23, 2019
- June 25, 2019
- May 21, 2019
- April 23, 2019
- March 26, 2019
- February 26, 2019
- January 22, 2019
- December 18, 2018
- November 27, 2018
- October 23, 2018
- September 25, 2018
- August 28, 2018
- August 9, 2018
- July 24, 2018
- June 26, 2018
- May 22, 2018
- April 24, 2018
- March 27, 2018
- February 27, 2018
- January 23, 2018
- December 19, 2017
- November 28, 2017
- October 24, 2017
- September 26, 2017
- August 22, 2017
- July 25, 2017
- June 27, 2017
- May 23, 2017
- April 25, 2017
- March 28, 2017
- February 28, 2017
- January 30, 2017
- December 20, 2016
- November 22, 2016
- October 25, 2016
- September 27, 2016
- August 23, 2016
- July 26, 2016
- June 28, 2016
- May 24, 2016
- April 26, 2016
- March 22, 2016
- February 23, 2016
- December 15, 2015
- November 23, 2015
- October 27, 2015
- September 22, 2015
- August 25, 2015
- July 28, 2015
- June 8, 2015
- April 28, 2015
- March 24, 2015
- February 24, 2015
- January 27, 2015
MSF BOARD PACKETS
MSF FOIA Policy and Procedures
Please submit all FOIA requests to the MEDC FOIA Center. Questions may be sent to [email protected]. For more information, please read the MSF Freedom of Information Act policies and procedure document.