Tag: CIP

A capital improvement plan (CIP), or capital improvement program, is a short-range plan, usually four to ten years, which identifies capital projects and equipment purchases, provides a planning schedule and identifies options for financing the plan.

The Need for a Capital Improvement Plan

As discussed in the previous blog post, “Is Your Town “Ready” for Redevelopment?” the representatives of Michigan Economic Development Corporation had noted a significant number of smaller communities in rural… Read more »