article thumbnail

California Rep. Maxine Waters Proposes Billions to Help Low-Income Homebuyers

Pro Builder

Maxine Waters Proposes Billions to Help Low-Income Homebuyers ldeakins Thu, 06/22/2023 - 12:30 The new proposal aims to significantly expand funding for low-income housing California Representative Maxine Waters introduced three bills on Wednesday that would expand low-income housing and narrow the country’s racial wealth gap.

Income 52
article thumbnail

Owners of Brooklyn Plumbing Company Indicted for Evading Taxes on More Than $10 Million in Income

Contractor Magazine

Defendants allegedly falsely claimed personal expenses, including Disney World vacation, clothing, purchase of homes and a yacht, were business expenses.

Income 74
professionals

Sign Up for our Newsletter

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

article thumbnail

Biden Announces New Plan to Help Homeowners Save on Mortgage Costs

Pro Builder

households save an average of $800 in the year ahead, the White House claims. According to the White House, more than 80% of FHA borrowers are first-time homeowners, and over 25% of the homebuyers are people of color; the program does not have a minimum income level to qualify, but debt levels and credit ratings are still taken into account.

Plans 52
article thumbnail

Business Interruption Insurance in Construction: What Contractors Need to Know

Levelset

This type of insurance can help ensure that you’re able to continue operations if something happens that causes you to lose income. It’s important to understand what this insurance covers, and how to get the most out of it if you need to file a claim. What does business interruption insurance cover ?

article thumbnail

Demystifying carbon offsets vs direct reductions

BD+C

They may be beneficial to companies seeking early claims of carbon neutrality, but choosing offsets only delays the more immediate and long-term actions a company must take to achieve carbon neutrality. To be clear, the most important thing a company can do is directly reduce GHG emissions from its operations and supply chain.

article thumbnail

An SBA Public Service Announcement: If You See Something, Say Something

Federal Construction Contracting Blog

Nevertheless, Sanford claimed that Caldaia’s protest was non-specific because the publicly available financial information it relied on included contracts awarded in 2023, which would not generate any income until fiscal year 2024. But alas, what appeared to be vindication for Sanford took a disappointing turn.

article thumbnail

Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. It helps your workers replace income if they are injured on the job. Cyber insurance.