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How One Nonprofit Housing Developer in Roanoke, Va., Is Restoring the Vacant Middle

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How One Nonprofit Housing Developer in Roanoke, Va., All too often, the discussion centers around building ourselves out of the housing crisis through new construction. But there are countless vacant and blighted properties in communities that need reinvestment and affordable housing options. However, Ms.

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STATE FOCUS: Kansas Focuses On The All-Around

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The state recognizes that small businesses are critical to the economy and recently eliminated income taxes for many small organizations. In addition, the state offers a payroll withholding tax retention program and sales tax exemptions and recently lowered personal income taxes. railroad miles. percent of all U.S.

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LOCATION FOCUS: United It Stands

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Coverage of its 4,974 square miles is aided by I-90, I-86 and Route 219; Buffalo-Niagara International Airport; the Port of Buffalo; and four class I railroads (CSX, Norfolk Southern, Canadian National and Canadian Pacific). million in funding from the New York State Housing Trust Fund/HOME and federal low income housing tax programs.

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State by State Incentives Guide

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USDA Rural Development in Alabama: A variety of loan, grant, and loan guarantee programs, plus technical assistance in the areas of business and industry, cooperative development, rural housing, community facilities, water and waste disposal, and telecommunications, including distance learning and telemedicine. TAX INCENTIVES.

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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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Location Focus: Illinois – Trying to Make Headway in Every Way

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It is administered by the Illinois Housing Development Authority (IHDA) and offers $7,500 in down-payment assistance with an interest rate as low as 3.75 In addition to driving the housing market, first-time homebuyers also invest in furnishings, appliances and home goods. Existing Foreign Trade Zone and U.S. Quinn said.

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STATE FOCUS: Lassoing Jobs In Texas

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Another popular economic development incentive offered by the state is the Texas Enterprise Zone Program, which enables local communities to partner with the State of Texas to promote job creation and significant private investment, helping assist economically distressed areas of the state. billion in capital investment.

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