article thumbnail

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.

Debt 52
article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Our Achievement in Workforce Training Award goes to New Mexico Economic Development for its Job Training Incentive Program (JTIP). New Mexico was one of a handful of states that pioneered state-supported workforce training long before it became a top economic development priority. ACHIEVEMENT IN WORKFORCE TRAINING.

Indiana 40
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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). This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business.

Income 108
article thumbnail

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. The credit begins in the tax year in which the new employees are hired. The program ends December 2016. USDA RURAL DEVELOPMENT: The U.S.

Income 75