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Home Price Appreciation Benefits Some Homeowners but Leaves Many More Scrambling

Pro Builder

While some are swimming in equity, others are drowning in debt—and losing their homes as a result. Property tax increases are causing foreclosure rates to rise in states where homeowners are already facing high unemployment rates, income inequality, and large debt-to-income ratios. Wed, 12/15/2021 - 10:07. Financials. Housing Markets.

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California is Rolling in Dough

Buisness Facilities Contributed Content

Today, the picture is much brighter: besides California, at least seven other states (including Connecticut, Utah, Wisconsin and oil-rich North Dakota) are reporting surpluses. In Connecticut, lawmakers are debating a proposal to use $150 million in new revenue to undo a $93-million cut in aid to local government. In Indiana, Gov.

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PACE Bill Due in Baltimore City

Green Building Law Update

While Sonoma County was an early innovator, Connecticut has a widely admired statewide green bank program that is up and running and it is the model for Maryland. Baltimore is proposing to allow the PACE financing of any equipment, device or material intended to improve energy efficiency, including in new construction (e.g.,

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PACE Programs are Stepping Up the Pace

Green Building Law Update

While Sonoma County was an early innovator, Connecticut has a widely admired statewide PACE program that is up and running. Early programs were financed with a pooled revenue bond or for large projects a standalone bond, but today private lenders have entered the open market.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. Connecticut DECD for Connecticut Innovation’s (CI) Pre-Seed Fund, which supports the formation of new Connecticut technology companies by providing the funding, mentoring and resources needed to turn ideas into an early-stage technology company.

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State by State Incentives Guide

Buisness Facilities Contributed Content

million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). CONNECTICUT – updated for 2014. Additionally, the company must demonstrate that it can service the debt. TAX INCENTIVES.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. CONNECTICUT. The program ends December 2016. persons.

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