Remove California Remove Debt Remove Income Remove Permits
article thumbnail

Household Energy Usage Increases Due to Pandemic, Energy Mortgages May Help

Pro Builder

Some local utility companies in states such as California, Michigan and New York have asked consumers to moderate electricity usage as a result of this increased demand. But energy or “green” mortgages could address the increase in energy usage while increasing a home’s value and affordability.

Green 52
article thumbnail

Black Gold Rush

Buisness Facilities Contributed Content

While Dakotans have been thriving up North, few states were hit harder by the national downturn than California. The housing market collapse devastated the Golden State at the same time it faced a fiscal reckoning brought on by decades of piling up long-term debt. All of that may be about to change, seismically, for the better.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

Buisness Facilities Contributed Content

Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year.

article thumbnail

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

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

Income 75
article thumbnail

Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

1 home builder in building permits and construction value, scaring off every large-volume, multistate production operation that dared enter Ivory’s Wasatch Mountain lair. 1 home builder in terms of building permits and construction value and reaching the milestone, in 2019, of 20,000 homes sold (right). and Outward.

article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Top-ranked California, second-place finisher Illinois and no. Other partners include key locations for photonics development, including the University of Rochester, Massachusetts Institute of Technology (MIT), the University of Arizona’s (UA) College of Optical Sciences (OSC) and the University of California, Santa Barbara (UCSB).

Indiana 40