article thumbnail

Less Than Half of All U.S. Counties are Affordable for Homeownership

Pro Builder

Counties deemed unaffordable are those with housing costs exceeding 28% of the average household income. The largest metros where homeownership remains affordable on average are Chicago, Houston, Philadelphia, Cleveland, and Tampa. .

article thumbnail

Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson. The new law builds on Christie’s commitment to revitalizing New Jersey’s cities.

Zoning 47
professionals

Sign Up for our Newsletter

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

article thumbnail

After Sandy: New Report Looks At Mitigating Climate Change Through Land Use

Buisness Facilities Contributed Content

“The implications of climate change and rising sea levels are issues that are here to stay,” David Ricci, partner at The Flynn Company in Philadelphia noted. Conduct a cost/benefit analysis of the defined land use typologies to identify less vulnerable zones for long-term planning and public spending.

ULI 47
article thumbnail

Pennsylvania Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Historic Preservation Tax Credit (HPTC): (newpa.com/hptc) Provides tax credits to qualified taxpayers who will be completing the restoration of a qualified historic structure into an-income producing property. These areas are defined as counties outside of the Philadelphia MSA and those with populations below 1 million.

article thumbnail

Location Focus: New York – The Empire State Leverages Its Strengths

Buisness Facilities Contributed Content

The program transforms State University of New York (SUNY) campuses, private colleges and universities, and university communities across the state into tax-free zones for new and expanding businesses. ?Business Just next door to Long Island MacArthur Airport is Foreign Trade Zone (FTZ) #52.

article thumbnail

When office-to-residential conversion works

BD+C

Office buildings are worth more” than residential as income generators, she explains. Zoned business districts cease to function after 6 p.m.” Eliminating single-use zoning so people can live throughout the city, where all of its districts thrive at all times, is a “net positive,” he says.

article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones. The city has adopted three NH Economic Revitalization Zones, offering corporate tax credits to qualifying businesses.

El Paso 106