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Why Are Developers Building Luxury Condos in Cities Facing an Affordable Housing Crisis?

Pro Builder

Why Are Developers Building Luxury Condos in Cities Facing an Affordable Housing Crisis? Those new development plans contradict the true reality of housing in most American cities, which continue to battle a worsening affordability crisis. For instance, an empty piece of land in San Jose can cost up to $500,000.

Housing 52
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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.

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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

Top 25 Finalists for Ivory Innovations' Housing Affordability Prize esorum Thu, 03/16/2023 - 09:09 This year’s finalists in the Construction & Design category include solutions to the labor shortage as well as environmentally friendly building solutions focused on decreasing construction time.