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Increasing Home Values Lift 1 Million Homes from 'Underwater' Status

Pro Builder

Chicago, Philadelphia, and New York experienced the largest declines in underwater homes during that period, reports National Mortgage News. On the flip side, “equity-rich” homes that have a value at least double the loan balance, increased by 4.2 There remain pockets of the country where housing debt-traps are widespread.

Equity 52
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Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

They also will be eligible to give property tax abatements for new development, allowing cities like Camden to spur development and compete with Philadelphia for private-sector jobs and residential growth. Projects in these cities will have significantly lower eligibility thresholds and higher incentive levels.

Zoning 47
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Cover Story: Global Biotech Report

Buisness Facilities Contributed Content

Vienna’s cluster management also has a long history of supporting startups, including a 200.000 euro in preseed financing and 1 million euro in seed financing. Biotech was, next to IT and Finance, one of the most important branches to investors. Partners for cooperations can easily be found, according to the cluster management.

Georgia 68