article thumbnail

Not All Buyers Want More Space—Tiny Homes are Steadily Rising

Pro Builder

Tiny dwellings are popping up for sale or rent in rural parts of Maine, Vermont, Wyoming, and even Alaska, reports Fox Business. Purchasing a tiny home could be both a cheaper way to buy, but also a way to generate more income since they can be rented out. a year on average over the past 10 years. The pandemic is creating more uses.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones.

Income 108
professionals

Sign Up for our Newsletter

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

article thumbnail

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.

Income 75
article thumbnail

FEATURE STORY: 2014 Economic Development Awards

Buisness Facilities Contributed Content

Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). WyoRECs™ Renewable Energy Credit Discount Program. In January, Texas completed the last segment of the $6.8-billion

Indiana 108
article thumbnail

LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

Buisness Facilities Contributed Content

After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year. The region boasts one of California’s largest enterprise zones, offering incentives for companies to locate and expand within the greater Sacramento area.

article thumbnail

Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Five states—Louisiana, North Carolina, Wyoming, New Hampshire and Oregon—improved their scores by more than 10 points compared to last year’s Index.]. Shovel Ready Silver builds upon those attributes by maintaining documentation that is less than one year old and having proper zoning and infrastructure built to the property.

Indiana 40
article thumbnail

New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

most cases, JDA Loans can be for up to 40% of the total project cost of Real Estate projects or M&E projects.Loans may be up to 60% for projects located in Empire Zones or economically distressed area.The combination of a bank loan and a JDA Loan allows up to 90% financing of a project. Typical financing structure: 50% Bank Loan.