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PACE Bill Due in Baltimore City

Green Building Law Update

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 consent to a PACE loan is required. Maryland is typical.

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PACE Programs are Stepping Up the Pace

Green Building Law Update

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. While Sonoma County was an early innovator, Connecticut has a widely admired statewide PACE program that is up and running.

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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The Alabama Innovation Fund supports and operates two (2) distinct programs. Arizona Innovation Accelerator Fund: $18.2 They are: The Renewal Program.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The COMMERCIAL FISHING AND AGRICULTURE BANK provides loans to fishing, tourism, natural resources and agriculture-based projects. The program ends December 2016.

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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Loans are made by the Bank of North Dakota and are guaranteed by the Export-Import Bank of the United States utilizing their medium-term credits program. The Bank of North Dakota (BND) provides some of the lowest interest rates in the nation through this program. Community financial institutions may participate in the loans.

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New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Community Development Financial Institutions (CDFI): Provides micro-loans to businesses who often do not qualify for bank loans, as well as one-on-one counseling and business development assistance to facilitate credit-readiness. Typical financing structure: 50% Bank Loan. Debt refinancing, tax delinquency, employee benefit arrearage.

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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Loans are made by the Bank of North Dakota and are guaranteed by the Export-Import Bank of the United States utilizing their medium-term credits program. The Bank of North Dakota (BND) provides some of the lowest interest rates in the nation through this program. Community financial institutions may participate in the loans.