Remove Employment Remove Income Remove Railroad
article thumbnail

How One Nonprofit Housing Developer in Roanoke, Va., Is Restoring the Vacant Middle

Pro Builder

Most of our properties were built around the turn of the century when Roanoke was rapidly growing as a railroad hub. How One Nonprofit Housing Developer in Roanoke, Va., Historic preservation needs to be a part of the conversation. Trying to build our way out of the housing crisis can be an uphill battle.

Housing 98
article thumbnail

New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

In addition, a taxpayer who holds an interest in a qualified generating facility in New Mexico that files a corporate income tax return may claim a credit for 6% of the eligible generation plant costs of a qualified facility. The corporate income tax credit is 30% of eligible costs up to $30,000 in any taxable year.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

STATE FOCUS: Kansas Focuses On The All-Around

Buisness Facilities Contributed Content

The state recognizes that small businesses are critical to the economy and recently eliminated income taxes for many small organizations. In addition, the state offers a payroll withholding tax retention program and sales tax exemptions and recently lowered personal income taxes. railroad miles. percent of all U.S.

Kansas 45
article thumbnail

Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Economic Development Access Program: Administered by the Virginia Department of Transportation, it assists localities in providing adequate road access to new and expanding basic employers. Eligible projects must meet minimum requirements for capital investment and job creation. TAX INCENTIVES. Worker Retraining Tax Credit.

article thumbnail

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
article thumbnail

New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

High Wage Jobs Tax Credit: A taxpayer who is an eligible employer may apply for and receive a tax credit for each new high-wage economic-base job. Qualified employers can take the credit for four years. Are growing with employment greater than the previous year. Are growing with employment greater than the previous year.

article thumbnail

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