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3 affordable housing projects that serve as social catalysts

BD+C

Eleven million people in this country are paying more than half of their income for rent, and these are low-income people,” says Richard Burns, CEO of the NHP Foundation, a national not-for-profit provider of affordable housing. Affordable housing is housing built for people who earn 80% or less of the area median income (AMI).

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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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State Focus – Arkansas: Expect the Unexpected

Buisness Facilities Contributed Content

By the BF Staff From the March/April 2016 Issue. Only about 30 minutes from Interstate 49 and an hour from Interstate 40, these two highways serve as major access points for transportation across the region and country. Manufacturing, agribusiness, retail and food production are all firmly established in Siloam Springs.

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STATE FOCUS: Florida – Let The Sun Shine

Buisness Facilities Contributed Content

According to the Florida & Metro Forecast 2013–2016 , published in April by the Institute for Economic Competitiveness (College of Business Administration, University of Central Florida), Florida’s economic future also looks bright. percent in 2016. percent by the end of 2016. percent during 2013 to 2016. percent).”.

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Illinois Revives Premier Corporate Tax Incentives

Business Facilities

There’s credit for the cost of training new employees and investing in low-income areas, plus provisions that allow small businesses easier entry into the program. percent are in the manufacturing sector and nearly 20 percent are in the wholesale and retail sectors. The previous tax credit expired Dec. Of those jobs, approximately 33.5

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State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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Florida: A Warm Climate For Business Growth

Business Facilities

Business dollars go a lot farther in Florida given the state’s tax advantages, tax exemptions and no state personal income tax. Businesses thrive in this low-tax environment, and employees enjoy the benefit of no personal income tax. percent in March 2016, according to the Bureau of Labor Statistics. 1 FOR GROWTH POTENTIAL.

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