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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

By Business Facilities Editorial Staff From the March/April 2016 Issue. Our 2016 awards include recognition for the locations that have led the way in smart-grid modernization, innovative funding for infrastructure projects, renewable energy breakthroughs and new tools for supporting startups and entrepreneurs.

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Housing and the 2020 Presidential Election

Pro Builder

Many of the same housing-related issues that were planks of the Republican and Democratic platforms in 2016 are being nailed down again during the 2020 election cycle, and deregulation tops that list. Biden also wants to create a new, refundable, advanceable tax credit of up to $15,000 to help families buy their first homes and build equity.

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State by State Incentives Guide

Buisness Facilities Contributed Content

Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. EXTENSION OF THE ANGEL INVESTMENT TAX CREDIT PROGRAM: Originally set to expire in 2011, the program is now available until June 30, 2016.

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Heroic Efforts In California

Buisness Facilities Contributed Content

By the BF Staff From the January/February 2016 Issue. The terms are often longer than credit cards or home equity lines of credit, making monthly payments more affordable. Approvals are based on the amount of equity in the home, and if the property is sold, any remaining balance can be passed on to the new owner.

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State Focus: New York – Accelerating Biotech Innovation In The Empire State

Buisness Facilities Contributed Content

By Ed Felton From the March/April 2016 Issue. The Innovate NY Fund is a seed stage business equity fund with up to $47 million to support innovation, job creation, and high growth entrepreneurship throughout the state. Just next door to Long Island MacArthur Airport is our Foreign Trade Zone (FTZ).

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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

New Venture Capital Fund: The New Venture Capital Program is an innovative financial program that provides flexible financing through debt and equity investments for new or expanding businesses in the state of North Dakota. Value-Added Agriculture Equity Loan Program (Envest): The borrower must be a North Dakota resident.