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These Cities Are Becoming More Affordable for Renters

Pro Builder

More than 40% of renters pay more than a third of their income on housing costs, meaning affordability typically affects renters more than it would homeowners, according to Smart Asset. The top five cities where rent has changed the most from 2016 to 2019 are Boston, San Francisco, Los Angeles, DC, and Baltimore. Key Findings.

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Banks Step In to Shrink Black Homeownership Gap

Pro Builder

In Washington, DC, one firefighter and his family were able to purchase a home with the help from Chase Bank’s Chase Homebuyer Grant, according to the Washington Post. The grant is given out to those looking into purchasing a home in low- to moderate-income communities. Banks Step In to Shrink Black Homeownership Gap. cbroderick.

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Nevada Stops Subsidizing Net Metering

Green Building Law Update

Net energy metering generally utilizes the existing meter for all calculations thereby avoiding the expense and complexity of a second meter to measure incoming and outgoing energy separately. Net metering programs that exist today are a regressive income redistribution in support of a greater political goal.

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Model Sustainability and Green Building Initiatives for a More Verdant City and Town

Green Building Law Update

Bill 8-14 would require new or extensively remodeled buildings for which County government finances at least 30% of the costs, to generate at least 1 kilowatt of renewable energy for every 1,000 square feet of floor area. Bill 7-14 would create a preference for a certified green business in the County''s procurement of goods and services.

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Takigawa Corp. Japan Establishing First U.S. Operation In Kentucky

Business Facilities

Kentucky Cabinet for Economic Development Secretary Terry Gill and Executive Officer Vivek Sarin met with Takigawa officials during the SelectUSA Investment Summit in Washington, DC in June, which ignited discussions about the company’s potential location in the commonwealth.

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

Buisness Facilities Contributed Content

“Access to greater amounts of both debt and equity financing, combined with a sustained improvement in the underlying economic fundamentals, means that the opportunities and returns offered in smaller markets are potentially very appealing.” New York – New York slips two places to number four in this year’s survey.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Pennsylvania’s decision to consolidate hundreds of bridge projects into a single procurement financed by a bond fund managed by a new Public-Private Partnership (P3) should serve as a model for the rest of the country. The $722-million project is the largest private-activity bond financing of a public-private partnership in the U.S.

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