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Reports & News Releases

Gov. Snyder Announces Grants for Distressed Municipalities

Michigan Business Network
February 25, 2017 12:00 PM

More than $5 Million Awarded for Infrastructure and Public Safety Projects

LANSING, MI —  In recent days Gov. Rick Snyder announced a total of $5.1 million is being awarded to 11 municipalities through the Financially Distressed Cities, Villages and Townships (FDCVT) Grant Program..

Municipalities can participate in the FDCVT Grant Program if they are experiencing one or more conditions indicative of “probable financial stress,” as defined in the Local Financial Stability and Choice Act.

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Housing Permits Rise 11.7% in Michigan During 2016

Michigan Business Network
February 25, 2017 9:00 AM

Permits at highest level since 2006.  Home prices up 5.8 percent in 2016. Homebuilding industry officials concerned about trends hampering Michigan’s housing recovery

LANSING, MI —Final numbers from the U.S. Census Bureau show that a total of 15,176 permits were issued in Michigan for new home construction in 2016, which represents an increase of 11.7% over the total of 13,581 permits issued the previous year.  The 2016 year-end total represent the highest number of new home permits issued in Michigan during a calendar year since the pre-recession year of 2006 (16,538).  Though homebuilders are pleased with the double digit increase and the continuing modest recovery from the recession, the 2016 housing permit totals are some 1,700 lower than had been predicted at the start of the year by the Home Builders Association of Michigan (HBAM).

 

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Operation HOPE, Huntington Bank Bring Financial Entrepreneurship Training to YouthQuest

Michigan Business Network
February 24, 2017 7:00 PM

FLINT — There may soon be an increase in the number of young entrepreneurs who call Flint home, thanks to a partnership between Operation HOPE, Huntington Bank and the YouthQuest Afterschool Initiative.

 

Starting today, the organizations will begin piloting Banking On Our Future – the precursor to HOPE Business in a Box Academies youth entrepreneurship program – at YouthQuest, an afterschool program administered by the Flint & Genesee Chamber of Commerce. Banking On Our Future (BOOF) is a financial dignity program that covers budgeting, checking and savings, and investments, with the goal of empowering students to take control of their financial futures.
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Treasury: Tax Professionals Warned of New Scam to “Unlock” Their Tax Software Accounts

Michigan Business Network
February 24, 2017 4:00 PM

LANSING, MI —The Michigan Department of Treasury, Internal Revenue Service and the tax industry today warned tax professionals to be alert to a new phishing email scam impersonating software providers.

The scam email comes with the subject line, “Access Locked.” It tells recipients that access to their tax prep software accounts has been “suspended due to errors in your security details.” The scam email asks the tax professional to address the issue by using an “unlock” link provided in the email.

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Retired Sparrow Clinton Nurses pay homage to comrades with Nurse Honor Guard

Michigan Business Network
February 24, 2017 3:00 PM

ST. JOHNS, MI —  Six retired Nurses, most from Sparrow Clinton Hospital, are paying homage to Nurses who have dedicated their professional lives to delivering healthcare in Clinton County by forming an Honor Guard.

Dressed in full white attire with caps and capes, Maralyn Woodbury, LPN; Doris Jablowski, RN; Chris Leavitt, RN; Marge Minarik, RN;  Janet Pline, RN; and Denise Plowman, RN, attend the funerals of local Nurses, performing a short ceremony.

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Lt. Gov. Brian Calley leading 21 businesses on trade mission to Mexico

Michigan Business Network
February 23, 2017 2:00 PM

LANSING, MI — Lt. Gov. Brian Calley will lead a three-day trade mission to Mexico focusing on attracting job-creating investments and exploring new sales opportunities for Michigan

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Chamber to Launch INSPIRE Leadership Speaker Series Feb. 24

Michigan Business Network
February 23, 2017 1:00 PM

FLINT, MI - Community members are invited to hear from and engage with some of the region’s most influential leaders during INSPIRE Leadership, a new speaker series from the Flint & Genesee of Commerce.

The series, which is sponsored by Diplomat, will feature seven thought-provoking talks over the course of the year. Each speaker will have one hour to share his or her ideas and lessons learned, as well as answer questions from the audience.

 

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Treasury Protects Taxpayers from Tax-Related Identity Theft

Michigan Business Network
February 22, 2017 4:30 PM

More than $70 Million in Potentially Fraudulent Tax Returns Stopped Last Year

LANSING, MI —In an effort to protect Michigan taxpayers, the Michigan Department of Treasury (Treasury) continues to implement security measures to stop tax-related identity theft.

If an individual income tax return has been selected for identity confirmation, the taxpayer will receive a letter from Treasury asking them to confirm their identity by completing a short online quiz. After confirmation of passing the quiz, tax refunds will be issued between 14 and 21 days. Some taxpayers may be asked to submit paperwork to confirm their identity.

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BBB® Warns Public against a Malicious and Deviously Executed Tax Scam

Michigan Business Network
February 21, 2017 5:30 PM

BBB is warning businesses, organizations and employees of a dangerous email scam targeting human resource and payroll executives as well as employees within companies. -

Detroit, MI – February 21, 2017 – BBB is warning businesses, organizations and employees of a dangerous email scam targeting human resource and payroll executives as well as employees within companies. This new W-2 scam can result in significant monetary loss and identity theft due to the type of information they are able to obtain. In this scam, fraudulent emails are disguised (“spoofed”) to appear like they are coming from a business executive and they are being sent to human resources and finance personnel asking for information such as a list of employees, social security numbers and dates of birth, as well as W-2 tax forms.

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Greater Lansing CVB and GLSA Announce Year-End Data

Michigan Business Network
February 21, 2017 5:15 PM

and Award Winners for Community Support

LANSING, Mich. – The Greater Lansing Convention and Visitors Bureau (GLCVB) held its annual meeting on February 21st, and announced both good news for the local economy and recognized numerous individuals with awards for vision, dedication and loyalty throughout the year.

The Greater Lansing region experienced a 4.8% increase in year-to-date area lodging occupancy, setting a record high for the region at 64%, according to Smith Travel Research (STR) data. Additionally, the Greater Lansing region experienced a 3.4% increase in Average Daily Rate (ADR), or average cost per available hotel room. In 2016 ADR was reported at $101.82 compared to $98.28 in 2015. These numbers from 2016 show the fourth consecutive year that both overall demand for regional hotel rooms, and the rate area lodging partners are able to charge for them, both went up. A prime indication of a healthy hospitality and tourism market.

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