article thumbnail

3 affordable housing projects that serve as social catalysts

BD+C

Eleven million people in this country are paying more than half of their income for rent, and these are low-income people,” says Richard Burns, CEO of the NHP Foundation, a national not-for-profit provider of affordable housing. Affordable housing is housing built for people who earn 80% or less of the area median income (AMI).

Housing 111
article thumbnail

Business Facilities Names 2013 Deal of the Year Winners

Buisness Facilities Contributed Content

Louisiana’s thriving capital landed this jewel with an unprecedented partnership which marshaled the resources of Louisiana Economic Development, the Baton Rouge Area Foundation (BRAF), Baton Rouge Area Chamber (BRAC), Louisiana State University and the City of Baton Rouge/East Baton Rouge Parish.

Deals 105
professionals

Sign Up for our Newsletter

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

article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Qualifying businesses are eligible to receive an accelerated, 10-year state income tax depreciation deduction, a sales tax exemption for equipment and materials purchased from the date of the project’s certification until three months after the facility is completed, and a 10-year ad valorem tax exemption. Achievement In Ports/FTZs.

El Paso 106
article thumbnail

FEATURE STORY: 2013 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

Louisiana’s thriving capital landed this jewel with an unprecedented partnership which marshalled the resources of Louisiana Economic Development, the Baton Rouge Area Foundation (BRAF), Baton Rouge Area Chamber (BRAC), Louisiana State University and the City of Baton Rouge/East Baton Rouge Parish.

Deals 107
article thumbnail

Industry Focus: Aerospace Sector Is Flying High Again

Buisness Facilities Contributed Content

billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 Tax Foundation. However, despite the decline in employment numbers, the U.S. Aerospace and defense sector companies paid $7.7 billion in 2014, a 9.9

article thumbnail

COVER STORY: 2012 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

The nominees for Business Facilities’ 2012 Economic Development Deal of the Year Awards competition reflected a diverse cross-section of growth strategies, most of which are built on a foundation of new manufacturing capacity. Personal income impact estimated at $273 million (direct). Project Impact Estimates. billion.

Deals 85
article thumbnail

Cover Story: Global Biotech Report

Buisness Facilities Contributed Content

The organization is a not-for-profit partnership between the University of Manchester, Salford Royal NHS Foundation Trust and Salford Clinical Commissioning Group. percent tax rate for patent income). It develops innovative software that unlocks the value of healthcare data for the benefit of patients. Belgium offers a tax system of 6.8

Georgia 68