Construction Business Owner

JUNE 1, 2022

It is time for contractors to get serious about the FASB ASU 2016?02 Going forward there will be a long-term asset offset by a current liability and a long-term liability. Existing debt covenant calculations may need to be amended as a result of the implementation of the new lease standard. Greg Ragsdale.

Leases 177

Leases FASB Finance Accounting 177

Green Building Law Update

JUNE 25, 2017

In the event of a default, the amount in default (but not the entire principal of the PACE loan) is a liability that is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder acknowledgment of a PACE loan is required.

Maryland 136

Maryland Lien Finance Cash Flow 136

Green Building Law Update

SEPTEMBER 11, 2016

However, as I wrote in this blog on July 24, 2016, HUD Jumpstarted Financing For Homes , reversing their previous position and now widely allowing residential PACE loans. It is clear that in 2016 there will be more of them across Maryland including hopefully in Baltimore and ideally across America.

Baltimore 120

Baltimore Maryland Finance Residential 120

Green Building Law Update

JANUARY 24, 2016

In the event of a default, the liability is a property tax lien collected by the local government with the priority associated with other real property tax liens, so existing mortgage holder consent is required. Commercial PACE programs are still very new.

Lien 120

Lien Finance Commercial DC 120

Buisness Facilities Contributed Content

MARCH 8, 2016

New Venture Capital Fund: The New Venture Capital Program is an innovative financial program that provides flexible financing through debt and equity investments for new or expanding businesses in the state of North Dakota. The term of the loan will vary depending on the loan purpose with a maximum of 15 years.

North Dakota 40

North Dakota Income Finance Equipment 40

Buisness Facilities Contributed Content

MARCH 9, 2016

2357.301): This tax credit will sunset on December 31, 2016. Company-Purchased Debt Option: A for-profit entity in conjunction with one or more unit of local government may make application to the Oklahoma Department of Commerce. For more information please contact i2E at (405) 235-2305 or www.i2e.org. TAX INCENTIVES.

Oklahoma 40

Oklahoma Income Finance Commissioning 40

Buisness Facilities Contributed Content

NOVEMBER 4, 2013

Additional construction will continue into 2016 and the plant is anticipated to begin commercial production in 2018. This is especially true with the sites that are owned by local government units as they have generally completed the environmental review which then ends environmental liability for future users and property owners.

Site 49

Site Iowa Tennessee Georgia 49