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State by State Incentives Guide

Buisness Facilities Contributed Content

Property Tax Abatements: The Tax Incentive Reform Act of 1992 (TIRA) allows qualified industries to receive abatements of non-educational property taxes for new businesses locating to Alabama and for expansions of existing facilities in Alabama. The combined state and local millage rate would then be applied to the assessed value.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

BROWNFIELD DEVELOPMENT TAX ABATEMENTS: Gives cities and counties the ability to abate the following: Non-educational city and county sales & use taxes; Non-educational state, city and county property taxes—up to 20 years; Mortgage and recording taxes. Three of the nation’s 40 Renewal Community areas are in Alabama.

Income 75
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COVER STORY: Global Biotech Report

Buisness Facilities Contributed Content

Its goal is to coordinate companies, research and education institutes to foster collaboration and innovation. In 2010, the Munich Biotech Region along with Bavaria’s Medical Valley Nuremberg were winners of the Leading Edge Cluster competition by the German Federal Ministry of Education and Research. million equity offering.

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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

In the Finance category, finalists include organizations focused on construction financing, shared-equity models, and renter programs that support increased savings and equity. Finalists for the prize demonstrated ambitious, feasible, and scalable solutions to the housing affordability crisis and were selected from 203 total nominees.

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Top 10 Ivory Innovations Finalists for the 2023 Housing Affordability Prize

Pro Builder

The prize awards organizations that demonstrate ambitious, feasible, and scalable solutions to the housing affordability crisis. They deliver user-centered technology and advocate for systems change working in partnership with the public sector, owners, renters, and human service providers throughout our state.