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New Affordable Housing Units Cost $1 Million per Apartment to Build in California

Pro Builder

Seven subsidized housing developments in Northern California have received state funding over the last two years and are starting to break ground, but their $1 million price tags mean that taxpayers are financing the construction of fewer apartments than they actually need.

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

Respondents were particularly positive about the prospects for equity capital from foreign investors, institutional investors and private equity funds, as well as debt from insurance companies, mezzanine lenders, and issuers of commercial mortgage-backed securities. real estate advisory practice leader, PwC.

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STATE INCENTIVES GUIDE

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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.

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COVER STORY: 2012 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

BF’s judging panel was particularly impressed with Louisiana’s willingness to go the extra mile in securing land options for the project, the customized incentives package offered to Sasol and the state’s creative use of LED’s GIS mapping in presenting its proposal to the energy giant. Project Impact Estimates.

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