Click Here to view Michigan Economic Development Corporation's summary of IFECs.
Also see the list of Frequently Asked Questions about IFECs on the State's website.
*** Application MUST be submitted before any construction begins.***
IFEC Application - Form 1012 - fillable .pdf form
IFEC Agreement - to be submitted with the application
IFEC Supplemental Information - to be submitted with the application (Word 2003 format)
Affidavit of fees - to be submitted with the application
Project Completion & Final Cost ReportProject Completion & Final Cost Report (Project completion due within 30 days of project completion, Final cost due within 90 days of project completion)
IFEC Extension Request - click for Extension Agreement Form
- The applicant should submit a letter requesting the extension and why it should be granted, along with a completed Extension Agreement (including signatures). This should be turned into the assessor's office.
- Current filing fee is $400 (No additional charge if filing for a Transfer concurrently)
- An extension request can be submitted anytime up to 1 year after the existing IFEC expires. (If a lease exists, then the lease term must cover the additional years requested PLUS the 2 (or 4) years residency requirement after the expiration of the proposed extension requested.)
IFEC Transfer Request - See IFEC Instructions and checklist.
PA 198 fact sheet from Michigan Economic Development Corporation - includes PPT reform information.