Education Equity Liability Profitability 
Construction Business Owner
JUNE 8, 2011
Negative equity is not a good sign for any segment of our market – new construction, existing home sales, new construction, commercial work as well as the support services that cater to the real estate market. On the commercial side, there are plenty of Private Equity funds set up to purchase Class A facilities. Wally Evans Blog.
Construction Business Owner
MAY 11, 2011
Negative equity is not a good sign for any segment of our market – new construction, existing home sales, new construction, commercial work as well as the support services that cater to the real estate market. On the commercial side, there are plenty of Private Equity funds set up to purchase Class A facilities. Wally Evans Blog.
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Buisness Facilities Contributed Content
APRIL 15, 2014
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.
Buisness Facilities Contributed Content
MARCH 21, 2014
It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.
Buisness Facilities Contributed Content
MARCH 9, 2016
Capital Access Program: The Capital Access Program was established to increase the availability of financing for businesses and non-profit organizations that face barriers in accessing capital or fall outside the guidelines of conventional lending. The bill also amends the margin calculation accordingly for equity.
Buisness Facilities Contributed Content
MARCH 8, 2016
Eligible applicants include for-profit retail, professional or commercial service businesses with 50 or fewer full-time equivalent employees, located within the specific service delivery area served by the administering corporation. Borrowers must have at least a 10% equity interest in the project or business. 10% Borrower Equity.
Buisness Facilities Contributed Content
JULY 11, 2014
Statewide Economic Development Program (SWEDFA): The NMFA with the Economic Development Department (NMEDD) are partners in this lending program for private businesses and non-profit companies. The credit amount is applied against the taxpayer’s state gross receipts, compensating and withholding liabilities until the credit is exhausted.
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