Green Building Law Update

JANUARY 24, 2016

In the event of a default, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent is required. There were not similar concerns expressed about commercial loans. Commercial PACE programs are still very new.

Lien 120

Lien Finance Commercial DC 120

Buisness Facilities Contributed Content

MARCH 8, 2016

Beginning Entrepreneur Loan Guarantee Program: Designed to assist in business start-up financing by providing a financial institution with guaranty of a loan not to exceed $200,000. MATCH Program: Designed to encourage and attract financially strong companies to North Dakota. The maximum limit is $1,000,000 per project.

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

JULY 11, 2014

Beginning Entrepreneur Loan Guarantee Program: Designed to assist in business start-up financing by providing a financial institution with guaranty of a loan not to exceed $200,000. PACE Program: The PACE Fund is designed to assist North Dakota communities in expanding their economic base by providing for new job development.

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

APRIL 15, 2014

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. TVA Economic Development Loan Fund: A multimillion-dollar revolving loan program designed to stimulate investment and job creation in the TVA region.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company.

Income 75

Income Finance Zoning Equipment 75