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Broader Economy Suffered in 2020 While Home Improvements Thrived

Pro Builder

Broader Economy Suffered in 2020 While Home Improvements Thrived. in 2020 as home improvement project spending increased by 3%, according to Harvard University’s Joint Center for Housing Studies. cbroderick. Fri, 03/26/2021 - 09:32. economy dipped 3.5%

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Why Builders Wait to See Lower Lumber Prices

Pro Builder

NAHB Policy Brief | Lumber prices have moderated, but lower costs haven't worked their way to builders; New home prices too expensive for lower-income households. The problem for home builders and remodelers is that although lumber futures have begun to moderate, lumber packages quoted to builders have held at or near record highs.

NAHB 98
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How Excessive Design Standards Hurt Home Affordability

Pro Builder

Thu, 10/01/2020 - 06:00. Design regulations are supposed to ensure the health, safety and welfare of residents, but superficial and excessive rules that price lower- and moderate-income families out of the market should not be prioritized over the need to address the housing affordability problem. NAHB Housing Policy Briefing.

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NAHB—Making a Difference for Its Members

Pro Builder

The unprecedented challenges our nation faced in 2020 led to numerous changes in the way we live, work, and spend our everyday lives. A permanent minimum 4% credit floor on low-income housing tax credits enables NAHB multifamily developer members to finance thousands of additional affordable rental units. .

NAHB 98
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State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

Income 108
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How This Arizona Luxury Home Builder Is Making a Move to Diversify

Pro Builder

The first 12 rental homes, featuring a backyard and a garage, were built in 2020 in Phoenix and were rented within 30 days after completion. That’s what led us to start a custom home remodeling division and to build single-family rentals. . There’s also that financial flow of income from the units that we’re developing. .

Arizona 78
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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.

Income 75