Remove Certification Remove Equity Remove Income Remove Security
article thumbnail

What You Should Know Before Taking a Construction Loan

Construction Marketing

It can only be acquired with the proper education certification, expertise, and a contractor’s license. The construction loan approval process is usually very rigorous, since the loan isn’t secured and doesn’t involve collateral. Owner-builder : This type of loan is a good option when the borrower is a contractor.

article thumbnail

Tapping LA’s Rooftop Solar Potential Could Benefit City’s Most Disadvantaged Communities

Business Facilities

Prior studies commissioned by the LABC Institute have concluded that Los Angeles has 10,000 acres of rooftop solar potential, enough to support a FIT far larger than the 600 megawatt program recommended in the study released from the USC Program for Environmental and Regional Equity (PERE) and the UCLA Luskin Center for Innovation.

professionals

Sign Up for our Newsletter

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

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

Ohio Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

InvestOhio: Provides a non-refundable personal income tax credit to investors that provide new equity (cash) into Ohio small businesses to acquire an ownership interest in the company. To establish an Enterprise Zone, a municipality or county must apply to the Director of Development for certification.

Ohio 40
article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

focused on mobile, security and business operations software). This marks a transformative moment for Rochester that will fuel economic growth, create jobs and further secure this region’s place as the photonics capital of the nation,” said Gov. ACHIEVEMENT IN SITE CERTIFICATION. The power industry is in transition.

Indiana 40
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

New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

In addition, a taxpayer who holds an interest in a qualified generating facility in New Mexico that files a corporate income tax return may claim a credit for 6% of the eligible generation plant costs of a qualified facility. The credit may be carried forward for four years from the date of the certificate of eligibility.