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Top 2 state of michigan News Today

#1
Michigan loaned $35M to mobility center. Debt could cripple it, boosters say
#1 out of 296.41%
business1h ago

Michigan loaned $35M to mobility center. Debt could cripple it, boosters say

  • Michigan seeks $35 million loan repayment from the American Center for Mobility, jeopardizing the nonprofit test site.
  • The ACM argues the loan was never meant to be profit-driven but to foster a nonprofit, open-source industry testing environment.
  • Negotiations continue with the MEDC as legislators weigh potential forgiveness or debt restructuring.
  • State funding has supported ACM since 2016, with the aim of bolstering Michigan’s mobility industry.
  • ACM's test track remains a national asset, with collaborations involving Toyota and universities.
  • Some lawmakers question subsidy spending amid broader cuts to MEDC programs in the 2026 budget.
  • ACM leadership credits Sarkar’s prior direction for navigating tech shifts and funding changes.
  • Michigan says the ACM supports its mobility ecosystem, including hydrogen, gas tech, and EV charging work.
  • ACM plans to hire a new CEO as leadership transitions occur amid strategic shifts.
  • The ACM’s broader mission includes supporting national mobility research and testing within a public-private framework.
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#2
Feds, State Assess Flood and Tornado Damage in 30 Mich. Counties
#2 out of 2
weather16h ago

Feds, State Assess Flood and Tornado Damage in 30 Mich. Counties

  • Federal and state teams launched joint preliminary damage assessments across 30 Michigan counties and Kalamazoo to gauge disaster impact.
  • Assessments will determine whether disasters meet criteria for a governor’s federal disaster declaration and FEMA individual assistance.
  • Michigan seeks a June 26 extension for Whitmer to submit the governor’s federal aid request.
  • This is the largest joint preliminary damage assessment in Michigan history, covering 30 counties and Kalamazoo.
  • Assessments consider whether residents were displaced or lack access to utilities like furnaces and water heaters.
  • Residents may still apply for assistance even after federal authorization is issued.
  • The assessment period runs from April 10 through the following week as teams verify damage data.
  • Tornado and flood damage are concentrated in Allegan, Barry, Benzie, Charlevoix, and Saginaw counties among others.
  • State officials described the process as preliminary and stressed that aid decisions depend on individual circumstances.
  • Several counties and Kalamazoo city faced state of emergency declarations amid ongoing recovery efforts.
  • Officials emphasized how long federal aid approvals can take, ranging from weeks to months.
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