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PACE Bill Due in Baltimore City

Green Building Law Update

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. Maryland is typical.

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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.

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Steady Optimism Among U.S. Commercial Real Estate Executives, Increased Investor Appetite

Buisness Facilities Contributed Content

REITs are expected to continue to serve as a leading source of real estate debt and/or equity funding while banks also are projected to boost funding in 2014. Confidence in the banking industry as a primary source of commercial real estate financing has increased by 34% since 2011. Sector Strength And Foreign Investment.

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Commercial Property Execs’ Mood Brightens, Yet Outlook Clouded by Economic, Fiscal Uncertainties, Interest Rate Risks

Buisness Facilities Contributed Content

debt challenges) and interest rate risks, according to The Real Estate’s Roundtable’s Q1 2013 Sentiment Survey. Whereas the “Overall Index” hit a high mark of 77 during the first half of 2011, it now stands at 69 (up from 65 in Q4 2012). credit rating. pension and 401(k) plans.

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Wyoming Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Data Center Infrastructure Grant Funds (passed 2011): A $15,000,000 appropriation to assist Wyoming cities, towns and counties to build necessary public infrastructure for the recruitment and operation of data centers. The business must provide a bank “letter of credit” to guarantee payment of the bonds. TAX INCENTIVES.

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Contractors Are Renting Rather Than Buying More Equipment.

ENR Construction

Banking & Credit Crisis. --> Companies. Equipment rentals allow contractors to shift downtime risk while trimming expenses, including licensing, insurance, taxes and debt, among others. in 2011, according to the Associated Equipment Manufacturers, a Milwaukee-based industry trade group. Gulf Oil Spill. -->. Building Types.

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PACE Programs are Stepping Up the Pace

Green Building Law Update

There were not similar concerns expressed about commercial loans.

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