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This Unexpected California City Could be the Nation's Hottest

Pro Builder

It’s contradictory to rents in other highly sought out California cities such as Los Angeles and San Jose. The result is that rental housing for tenants at all income levels is in extremely short supply, with available apartments at record lows, according to data from real estate firm CoStar.

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

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Housing, non-residential construction, and a revival in exploration industries could be the key economic drivers. San JoseSan Jose is the third-ranked market for the second year in a row, with investors attracted to the prospects offered by the city’s technology industry. The post U.S.

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Why Are Developers Building Luxury Condos in Cities Facing an Affordable Housing Crisis?

Pro Builder

million housing units for low-income renters, according to the National Low Income Housing Coalition. For instance, an empty piece of land in San Jose can cost up to $500,000. is short 7.3 In pricey coastal markets, residential land is expensive.

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Pandemic Exposed Deep Housing Issues, Says Harvard Report

Pro Builder

The pandemic exposed the housing industry’s long standing shortfalls, and although construction ramped up to historic levels this year, there’s a long way to go. The recent surge in construction will not be enough to close the housing gap in America, and the number of aging housing units are only getting more robust. Construction.

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New Affordable Housing Units Cost $1 Million per Apartment to Build in California

Pro Builder

Building affordable housing units just got even more costly in popular markets like San Francisco, where subsidized construction projects come with multi-million dollar price tags. Developers and supporters of each project emphasize they’re sorely needed to provide safe and secure homes for lower-income and homeless residents.

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STATE INCENTIVES GUIDE

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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.

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COVER STORY: 2012 Economic Development Deal of the Year Awards

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The quick turn-around time between the site selection decision announcement last April and construction of primary facilities in the Baxter project is unprecedented, Rogers noted. Construction of the first manufacturing buildings at the new Baxter campus is expected to be completed in 2015, with full commercial production commencing in 2018.

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