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Record Appreciation Is Sending Homeowner Wealth Soaring

Pro Builder

Middle-income homeowners have seen their properties appreciate by 68% since 2012, amounting to $122,100 in equity wealth, according to the National Association of Realtors. Similarly, low-income homeowners reported $98,900 in equity gains, and upper-income households accrued $150,800 in equity.

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What is PACE Financing and Is It Doomed?

Construction Law Monitor

Started in the green revolution’s holy land, Berkley, California, PACE financing is shorthand for Property-Assessed Clean Energy Financing ( Wikipedia entry ). Well, PACE loans create a lien against properties similar to a tax lien, meaning that the lien has priority over all other debts (including mortgages).

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

“I just became more averse to that [spec homes and lots] type of debt, so rather than carry land debt on the balance sheet, I worked on growing more locations and investing more in the company and in people,” Allen says. If the market did roll over, he might have to lay people off, but would not be stuck with land debt.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Top-ranked California, second-place finisher Illinois and no. Other partners include key locations for photonics development, including the University of Rochester, Massachusetts Institute of Technology (MIT), the University of Arizona’s (UA) College of Optical Sciences (OSC) and the University of California, Santa Barbara (UCSB).

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State by State Incentives Guide

Buisness Facilities Contributed Content

million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business.

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Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Ivory is taking on innovations from outside the company, too, pairing faculty at the University of Utah with Landed , a personal finance company that provides part of a down payment for “essential professionals” as a private equity partner, a model that earned it a 2019 Ivory Prize.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.

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