Rod Kackley of the West Michigan Business News had an article in the August 23rd edition that explains why National City's community development corporation was roped into the Berkey & Gay redevelopment scam. Kackley reports that National City, unlike most other banks, actively markets its community development corporation across the country looking for deals to liquidate historic, low-income housing, and other urban development tax credits. That made National City the mark as the source of cash to over-fund the costs of redeveloping the Berkey & Gay furniture factory site into The Boardwalk residential-commercial complex.
I realize I am talking more to myself here than to readers of this website, who are not familiar with all the references and connections I am making. I assure you this is a very serious matter involving the abuse of publicly chartered banks. Keep Kackley's article in mind as this story develops and connects to the Berkey & Gay hazardous waste complaint.