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Green Building Law Update
JULY 24, 2016
Department of Housing and Urban Development and the Department of Veterans Affairs released new guidance, changing their previous positions, now widely allowing residential Property Assessed Clean Energy (PACE) financing. There were not similar concerns expressed about commercial loans. Last week the U.S.
Green Building Law Update
SEPTEMBER 11, 2016
The concept is not new, but nationally including in Maryland, “residential” PACE programs were put on hold as a result of a directive in 2011 that Fannie Mae and Freddie Mac refrain from purchasing mortgage loans secured by properties with outstanding PACE obligations. Commercial PACE programs are still very new. Maryland is typical.
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Green Building Law Update
JANUARY 24, 2016
Property assessed clean energy (PACE) programs, where payments for energy efficiency, water conservation and renewable energy improvements to commercial real estate are made through a building owner’s property tax bill are beginning to hit their stride. There were not similar concerns expressed about commercial loans.
NH Construction Law
OCTOBER 22, 2023
It happens this way: A contractor or subcontractor borrows money from a lender, and as security for the loan it gives the lender an assignment of or lien on its receivables and contract rights. Reading Cooperative Bank v. In the residential setting, this never happens. Not unless he is prepared to pay twice! 543, 553, 984 N.E.2d
Levelset
JUNE 6, 2022
Retention can be withheld on residential or commercial projects and on both public and private projects. When the $90,000 is paid, it is posted with a debit to the bank or cash account and a credit to accounts receivable, clearing the account for that project. Debit Credit Bank or cash $90,000 Retention receivable $90,000.
Levelset
JULY 19, 2022
It’s an excellent time to consider starting a painting company, as both the residential and commercial sectors are experiencing a wave of new construction, and that means opportunities for painters. Obtain a business bank account and any software or staff you’ll need for accounting and bookkeeping. Get clear on your customers.
Levelset
JULY 22, 2022
It’s an excellent time to consider starting a roofing company, as both the residential and commercial sectors are experiencing a wave of new construction, and that means opportunities for the roofing industry, which is expected to grow revenues by around 1% annually for the next five years. . Get clear on your customers.
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