United Shore Financial Services Inc. has returned nearly $2 million in tax breaks it received for relocating its headquarters in Southeast Michigan — leaving the funds available for schools and the community.

In June, the company moved from Troy to its new headquarters in Pontiac. Around $85 million was spent to buy and renovate the former General Motors location.

United Shore received $1.9 million in brownfield financing from the Oakland County Brownfield Redevelopment Authority to build its new headquarters in Pontiac.


Source: Mortgage Daily