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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.

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Cover Story: New Energy Powers Growth

Buisness Facilities Contributed Content

SGICC will use the bulk of the D2PA funds to provide grants to PA-based small companies to demonstrate the feasibility of emerging technologies, or seed funds to test and help launch ideas, and to assist in market acceptance and growth of shale energy focused products or services. Glauco Pensini, CEO of SIEL’s new U.S.

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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. Diamond Age is currently building entry-level homes for the 9th largest homebuilder in the U.S. zoning codes through a first-of-its-kind user-friendly online resource.

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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

Inherent L3C | Chicago, Illinois Inherent L3C believes in the power of community reinvestment through the creation of trade careers, homeownership, and community-based businesses. Finalists for the prize demonstrated ambitious, feasible, and scalable solutions to the housing affordability crisis and were selected from 203 total nominees.