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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

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Timber HP | Madison, Maine TimberHP manufactures loose fill, batt, and continuous board insulation from waste wood chips leftover from the production of lumber, boards, and sheathing; they also use woody debris removed from forests to improve tree growth and can even use wood scraps that pile up on construction sites.

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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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