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. Housing Markets.

Debt 52
article thumbnail

Philadelphia High School Students Learn Carpentry Skills by Building Boats

Pro Builder

Two groups of high school juniors and seniors from the Maritime Charter Academy High School in Philadelphia; and one group from the Sequoia Alternative Program, Lenape Regional School District, in New Jersey, have participated in Workshop on the Water once a week for 2 to 3 hours at a time.

professionals

Sign Up for our Newsletter

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

article thumbnail

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

Buisness Facilities Contributed Content

“Not only will this encourage more companies to create jobs throughout New Jersey, it will also give an extra boost to some of our biggest cities,” Gov. These five projects—located in Camden, Neptune, Bridgewater, Newark and Jersey City—are slated to receive a total of approximately $92.9 Christie said. headquarters.

Zoning 47
article thumbnail

Giving and Getting

Buisness Facilities Contributed Content

After a big deal is inked, ground is broken, a gleaming tower is built and, as new job holders queue up to buy their morning coffee, the overall impact of the project on a state’s balance sheet is buried in the minutiae of a footnote in an annual state budget report read only by the green-eyeshade types who wrote it.

NJ 47
article thumbnail

New Jersey Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of New Jersey economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. New Jersey Partnership for Action: Created by Governor Chris Christie and led by Lt. FINANCING & GRANTS.

article thumbnail

American Competitiveness: A Matter Of National Security

Buisness Facilities Contributed Content

The American Security Project (ASP) has released a new report analyzing the issues of the country’s national competitiveness. It is an Oval Office or boardroom issue as much as a kitchen-table issue.” We will need to reform institutions and ensure we support STEM and technology education.”

article thumbnail

Black Gold Rush

Buisness Facilities Contributed Content

No state has a brighter employment picture: there are so many jobs being created in the Peace Garden State—(yep, that’s what the locals call it, and no, it’s not a more sedate version of New Jersey)—that many new hires are having a hard time finding lodging, sleeping in their cars or RVs while new housing is built.