Chair/Director Statement
The Albion Economic Development Corporation is a public non-profit organization dedicated to enhancing the economy of the Albion, Michigan community through the attraction, retention, and development of new and existing businesses.

Organization Description
Three nonprofit corporations work in close cooperation to encourage a healthy and growing economy for Albion. The Albion Economic Development Corporation (EDC) works to recruit new business to the Albion area. EDC also works with existing companies in Albion facing a variety of issues and challenges in the modern business world.

The Tax Increment Finance Authority (TIFA) plans and administers economic development activities in a special district encompassing the Albion Industrial Park and the surrounding area. Tax revenues from this area are used by TIFA to fund economic development projects.

The Brownfield Redevelopment Authority (BRA) is responsible for redevelopment of contaminated or abandoned commercial and industrial property.

The EDC/TIFA board is appointed by the Mayor and meets the second Wednesday of each month at the EDC offices.

The Tax Increment Finance Authority (TIFA) plans and administers economic development activities in a special district encompassing the Albion Industrial Park and the surrounding area. Tax revenues from this area are used by TIFA to fund economic development projects.