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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. 300,000 in prize money will be distributed between at least three winners selected across the three award categories—Construction and Design, Public Policy and Regulatory Reform, and Finance.

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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

In the Finance category, finalists include organizations focused on construction financing, shared-equity models, and renter programs that support increased savings and equity. CoFi is piloting a new modular construction financing program with Manufactured, an end-to-end inventory manufacturing & finance solution.

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Oregon Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Oregon Business Development Fund (OBDF): A revolving loan fund that provides term fixed-rate financing for land, buildings, equipment, machinery and permanent working capital. may be feasible for financing smaller projects, particularly within the $1,000,000 to $5 million cost range. Additional cash payment of up to 16.2%

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Structural engineering solutions for office-to-residential conversion

BD+C

But making an adaptive reuse project pencil out in a tight financing market isn’t so simple. Determining whether the floor plate is made of concrete, steel, or wood has a significant impact in the feasibility of a project. faces a housing deficit of 3.8 million units. Steel or wood is generally easier to adapt in a conversion.

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Pennsylvania Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The Program is administered jointly by the Department of Community and Economic Development (DCED) and the Department of Environmental Protection (DEP), under the direction of the Commonwealth Financing Authority (CFA). The total tax credits awarded to a taxpayer may not exceed $500,000 in any fiscal year. Guaranteed loans up to $500,000.

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Oregon Incentives and Workforce Development Guide

Business Facilities

The intention is to protect those industrial lands with the potential for future economic development and job growth from conversion to residential or commercial zoning. Express Bonds are placed with the borrower’s bank and may be feasible for financing smaller projects, particularly within the $500,000 to $5 million cost range.

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State by 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% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

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