article thumbnail

President Biden Ups His Budget to Combat Housing Crisis

Pro Builder

President Biden’s new budget aims to provide rental assistance to low-income tenants, increase the total number of affordable housing units, create a smoother path to homeownership, and fight housing discrimination. . Housing Policy + Finance. Housing Policy + Finance. billion, according to Realtor.com. Government + Policy.

article thumbnail

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.

Income 108
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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.

Income 75
article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Gaining Honorable Mention Awards in this category were Greater MSP (Minneapolis Saint Paul Regional Economic Development Partnership) and Columbus (OH) 2020. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones.

El Paso 106
article thumbnail

Cover Story: New Energy Powers Growth

Buisness Facilities Contributed Content

In November 2013, a new generation of biofuels debuted at this Penn Minnoco station in south Minneapolis. In November, E15 and E30, a new generation of biofuels, made its official debut in Minnesota’s Twin Cities at a ribbon-cutting ceremony at Penn Minnoco in south Minneapolis. Pictured (l-r) are MN State Rep.

article thumbnail

COVER STORY: Global Biotech Report

Buisness Facilities Contributed Content

financing in Europe has not regained the levels seen prior to the financial crisis. A retreat in the public markets in 2011 resulted in overall financing levels that are back to those seen in 2008, reflecting the continuing struggles of the Eurozone countries over the sovereign debt of some member countries. In contrast to the U.S.,

Florida 63