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

Pro Builder

For instance, an empty piece of land in San Jose can cost up to $500,000. A new building would need to sell for more than $1 million in order for the developer to break even after factoring in the price of construction labor, building supplies, and obtaining permits. In pricey coastal markets, residential land is expensive.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The capital credit is used only after all other deductions, losses or credits permitted under Titles 40 and 41 of the Code of Alabama 1975. ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone.

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Top 10 Ivory Innovations Finalists for the 2023 Housing Affordability Prize

Pro Builder

National Zoning Atlas Ithaca, New York | Public Policy and Regulatory Reform Category The National Zoning Atlas is a collaborative of researchers digitizing, demystifying, & democratizing about 30,000 U.S. zoning codes through a first-of-its-kind user-friendly online resource.

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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

This year’s finalists in the Policy & Regulatory Reform category include organizations focused on addressing historically lengthy processes, such as accelerating permitting and connecting LMI individuals to housing opportunities. zoning codes through a first-of-its-kind user-friendly online resource.