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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

Department of Housing and Urban Development and the Department of Veterans Affairs released new guidance, changing their previous positions, now widely allowing residential Property Assessed Clean Energy (PACE) financing. real estate since the invention of the glass window. HVAC system upgrades, photovoltaic systems, cool roofs, etc.),

Finance 120
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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

Going forward there will be a long-term asset offset by a current liability and a long-term liability. While both operating and finance leases will be recorded on the balance sheet, expense recognition is different. Finance leases will require the lessee to recognize interest expense and amortization expense. Main Image.

Leases 177
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Factors to Know About Crane and Rigging Insurance

Construction Marketing

Rigging insurance, also known as riggers liability insurance, provides cover against property loss or damage when on the hook of cranes. However, standard commercial general liability insurance policies do not cover properties of third parties that were under your control or custody. How much does crane and rigging insurance cost?

Insurance 167
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Types of Capital for Construction Businesses

Levelset

Working capital measures the difference between a construction company’s current assets and current liabilities. Businesses whose assets (like cash, accounts receivable, inventory, or materials) exceed the value of their liabilities (like wages, debts, vendor payments, or overhead costs) have working capital to use to maintain or grow.

Debt 97
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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

And yes, there are green bonds in the marketplace, but they finance almost any positive environmental impact, not specifically green building, and with no widely recognized standard many have been criticized as greenwash. Real estate has been and remains the largest sector in the U.S. It is time to dare and endure.”.

Green 293
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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

Formula: (Cash and Cash Equivalents + Marketable Securities + Accounts Receivables) / Current Liabilities . Like the Quick Ratio, Current Ratio measures a company’s ability to pay off its short-term liabilities with its current assets. Formula: Current Assets / Liabilities . Formula: Total Liabilities / Total Assets .

Safety 94
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How NAHB Members Can Benefit From Biden’s New Infrastructure Measure

Pro Builder

The new law ends a tax liability for builders installing new water or sewer infrastructure to support additional housing in areas served by a corporate, for-profit water utility. In some states, affected utilities were required to pass this tax liability to the developer, resulting in CIAC surcharges as high as 40%.

NAHB 52