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Business Report: Nebraska – Community Development Block Grant Funds Expansion in York

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T he Nebraska Department of Economic Development has awarded the City of York $267,955 in Community Development Block Grant (CDBG) funding to assist York Cold Storage with an expansion of its operations. New equipment arriving for York Cold Storage’s Nebraska facility, which is in the midst of a $3 million expansion.

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Smaller Markets Offer Relief and Opportunity for First-Time Home Buyers In 2022

Pro Builder

States like Utah and Nebraska in the Midwest boast the most prosperous markets for new buyers in rural areas like Magna and Chalco, where flourishing communities and opportunities for job growth intersect with housing affordability. According to Forbes, rural and suburban markets had 72.9 was much lower than the national rate (5.0).

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Top Metros With the Best Work-Life Balance

Pro Builder

Four Midwestern cities – Madison, Wisconsin; Lincoln, Nebraska; Omaha, Nebraska; and Columbus, Ohio – also made the top 10 in this study last year. Columbus finishes a bit lower (20th) in that metric, but it does particularly well in terms of low housing costs as a percentage of income, ranking sixth. Midwest consistency up top.

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Does Your Market Make the List of Best Cities for First-Time Buyers?

Pro Builder

Its best ranking is for the employment category, with the 23rd-lowest March 2021 unemployment rate (4.5%) and the 32nd-highest five-year change in median household income (34.42%). Across all 12 metrics we looked at, Omaha, Nebraska ranks best for its low foreclosure rate and March 2021 unemployment rate.

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State by State Incentives Guide

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Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

The overall BR&E program brings together representatives of the City, the County, Lincoln Electric System, Black Hills Energy and the State of Nebraska. The Partnership works through a regional marketing consortium that includes regional communities, utilities and higher education institutions including the University of Nebraska.

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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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