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New York Incentives and Workforce Development Guide

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For a list of New York economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. FINANCING & GRANTS. Borrowers must have at least a 10% equity interest in the project or business. Terms can be customized to each project; other criteria apply.

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The Road to Recovery in Detroit

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The finances of a city once the center of the automotive universe are in the hands of an unelected manager appointed by Michigan’s governor. Cerberus, an equity player who had acquired a majority stake in Chrysler from German auto giant Daimler-Benz in 2007, went into bankruptcy in 2009. These have been dark days for Detroit.

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Feature Story: 2016 Economic Development Awards

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Pennsylvania’s decision to consolidate hundreds of bridge projects into a single procurement financed by a bond fund managed by a new Public-Private Partnership (P3) should serve as a model for the rest of the country. The $722-million project is the largest private-activity bond financing of a public-private partnership in the U.S.

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PSMJ Resources Blog: Construction job openings, pay rose at.

PSMJ Resources

Prices in most markets are still well below their 2007 peak, making the cost of new buildings too expensive to justify in the face of cheap existing buildings. Both New York and the San Francisco area, where a technology boom has pushed rents up rapidly, are seeing a few speculative office buildings break ground. New York Times.

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State by State Incentives Guide

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Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Alabama Industrial Access Road & Bridge Program: Provides financial assistance to communities for industrial access to new and expanding industries.

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PSMJ Resources Blog: MHC says starts rise in August; housing is.

PSMJ Resources

“Signs of the market’s growth are apparent in the New York area,” the New York Times reported on September 14. In “Edison, New Jersey, the J.G. “Union Pacific plans to invest approximately $3.3 “Union Pacific plans to invest approximately $3.3 New York Times.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100 percent of the project costs. It allows for the construction of roads, bridges, etc.

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