The mission of the Rising Tide initiative is to provide at-risk communities with the tools they need to design and build a successful economic framework. It supports vibrant, thriving communities to attract business investment and talent by creating a sustainable path toward economic stability and growth.
The Michigan Economic Development Corporation, Talent Investment Agency, and Michigan State Housing Development Authority–collectively, the Talent and Economic Development (TED) team–have committed their assets to engaging specific communities across the state in order to empower them to shape their future and maximize economic potential. One community in each of the ten Michigan Prosperity Regions was selected using the following data, cross-matched by population: poverty, unemployment, labor participation, renter occupancy, vacancy, households receiving assistance.
MEDC’s Redevelopment Ready Communities program provided the initial mechanism to develop and support the Rising Tide platform in each of the ten communities. The communities developed an Action Strategy outlining tasks, ownership, and deliverables to take place over the course of 9-12 months. The TED team, along with a consortium of consultants, supported the implementation phase by offering capacity supplementation, program advice, and expertise from a team of consultants selected for their successful experience with Michigan redevelopment projects. The implementation approach centered on building capacity within the Rising Tide communities.
The document below provides an overview of the project’s accomplishments and work products in each community. They represent significant, concentrated progress toward each community’s self-identified goals as well as toward certification by the Redevelopment Ready Communities program. Please click the cover to read the report online, or download a high-quality print copy.