LANSING, Mich. — Sen. Lana Theis on Thursday applauded a recent announcement that Fowlerville’s Ville Project will receive a $1.45 million Michigan Community Revitalization Program performance-based loan from the Michigan Strategic Fund (MSF).
“The Ville Project is the first major housing development in Fowlerville in many, many years, and it’s one that I am proud to support,” said Theis, R-Brighton. “Not only will the project help brighten Fowlerville’s downtown, it will also bring desirable living space and help attract additional economic activity. My thanks to the Michigan Strategic Fund and everyone in Fowlerville who have worked so hard to make the Ville Project a reality.”
According to the MSF, the Ville Project will include the construction of a new two-story mixed-use building in downtown Fowlerville that, when completed, will consist of eight residential apartments and commercial space on the first floor.
The project is expected to generate a total capital investment of $3.7 million, supported by the MSF loan. Fowlerville is supporting the project through a 10-year Commercial Rehabilitation Act exemption valued at $451,196.