Remove 2007 Remove Bankruptcy Remove Certification Remove Leases
article thumbnail

Could Solyndra Happen To Green Building Policy?

Green Building Law Update

The result: two weeks ago, Solyndra announced bankruptcy. In 2007, the Destiny USA project qualified for $238 million in tax-free financing through the Green Bonds program. In exchange, Destiny USA promised to redevelop a brownfield site, use massive amounts of renewable energy, and get LEED certification for 75 percent of the project.

Green 120
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. If applying for a transferable credit certificate, no more than half the credit may be applied in a single calendar year.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment. TAX EXEMPTIONS.

Income 75