Buisness Facilities Contributed Content
APRIL 15, 2014
Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business.
Buisness Facilities Contributed Content
MARCH 21, 2014
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. Borrowers inject 10 percent in the form of cash or equity in real estate.
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