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15 Cities, Counties Join Green Buildings Leadership Program

Business Facilities

In partnership with Bank of America, USGBC LEED for Cities certification has provided over $2 million to accelerate action on climate change, resilience, and social equity.

Equity 101
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$25 Million Pledged for Economic Development Partnership in Flint, Michigan Amid Water Crisis

Buisness Facilities Contributed Content

The FlintNOW Foundation and Huntington Bank have announced a multi-million economic development partnership aimed at boosting the economy of Flint, Michigan, and providing relief to local businesses and residents affected by the ongoing water crisis in that city. Flint, Michigan.

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Rising Mortgage Rates Cripple Homebuyer Confidence

Pro Builder

The most recent rate hike pushed the University of Michigan consumer sentiment index to a record low, revealing the waning confidence of homebuyers even in an economy sustained by low unemployment rates. . Rates were gradually increasing throughout the week, then shot higher on Friday with the Consumer Price Index release.

Equity 52
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Commercial Property Execs’ Mood Brightens, Yet Outlook Clouded by Economic, Fiscal Uncertainties, Interest Rate Risks

Buisness Facilities Contributed Content

Taubman, who is chairman, president and CEO of Michigan-based Taubman Centers, Inc. Renewed pressure on property values would also have negative implications for local government tax revenues, bank balance sheets (particularly smaller community banks) and retirement accounts held with U.S. pension and 401(k) plans.

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Pulse: 07/30/2012

ENR Construction

Banking & Credit Crisis. --> Companies. Michigan The Edgewater Group is planning to build Harbor Village, a mixed-use development within the Harbor Shares community, located along the north bank of the St. New York Lincoln Equities Group is planning to build a mixed-use development at Hallets Point in Astoria, Queens.

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PSMJ Resources Blog: Firm Billings Continue Rise in December

PSMJ Resources

This past year ended with four straight monthly increases in consumer sentiment, according to the University of Michigan, and the preliminary January rate shows healthy growth over the December reading. Banks play little role in the majority of our work; where they are involved there are significant delays and hurdles to overcome.

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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. This program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business.

Income 108