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April 19 09:44 AM
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Tax incentive for grocers may help Almont



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September 16, 2009
Though it's a little late for Almont Food Center, it seems the state has created a new tool to support grocery store development and give residents better access to fresh food.

Public Act 231 allows certain retail food establishments that expand, improve or open in underserved areas to request that those improvements not be taxed for up to 10 years.

This tax incentive could be most beneficial to the area now that Almont is without a full service grocery store. Since 'underserved areas' are either rural or urban and characterized by limited access to grocery stores, it's possible that a grocer interested in opening a store in Almont would greatly benefit by this tax incentive.

Public Act 231 is worth exploring for a business person interested in bringing a retail food outlet back to the Almont community.

Independent retail food stores face unique challenges with regard to pricing and overhead. It is our hope that this tax incentive will give our valued grocers a break—and maybe even mean a full-service retail food store returns to Almont.

04 - 19 - 18
09:44
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