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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

Trust Neighborhoods has created a new, innovative approach to tackle affordable housing: the Mixed-Income Neighborhood Trust, or MINT, that owns and operates a portfolio of rental housing under community control to maintain permanent affordability. Four MINTs now operate in Boston, Fresno, KC, and Tulsa.

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

Pro Builder

Rather than building inexpensive units, those developers are adding a large share of luxury condos due to higher demand and bigger profits, Forbes reports. million housing units for low-income renters, according to the National Low Income Housing Coalition. is short 7.3 In pricey coastal markets, residential land is expensive.

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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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