Green Building Law Update
AUGUST 10, 2014
Location + Neighborhood Fabric, 3. Also significantly, the Criteria have been adopted by more than 20 states as a mandatory requirement for allocation of Low Income Housing Tax Credits, a Federal program that finances roughly 90% of all affordable housing production in the U.S. Integrative Design, 2. Site Improvements, 4.
Buisness Facilities Contributed Content
APRIL 15, 2014
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% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.
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Buisness Facilities Contributed Content
MARCH 8, 2016
Agriculture Partnership in Assisting Community Expansion (Ag PACE): This program has been established to buy down the interest rate on loans to farmers who are investing in other nontraditional agriculture activities to supplement farm income. The Dakota CDC Main Street Loan Program was created to fill this financing void.
Buisness Facilities Contributed Content
JULY 11, 2014
Beginning Entrepreneur Loan Guarantee Program: Designed to assist in business start-up financing by providing a financial institution with guaranty of a loan not to exceed $200,000. Loans may be used to finance the purchase or improvement of real property, equipment or personal property, or working capital needs.
Buisness Facilities Contributed Content
MARCH 21, 2014
INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. 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.
Buisness Facilities Contributed Content
MARCH 9, 2016
FINANCING & GRANTS. 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 minimum award is $50,000 and the maximum is $750,000.
Buisness Facilities Contributed Content
JULY 11, 2014
Subzones may be established for single purpose manufacturing/fabricating and distribution operations. A $100 million Infrastructure Pool is created for public financing to local governments issued through the Oklahoma Development Finance Authority. Tax Increment Financing and local incentives vary by location.
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