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The pickup for total construction in August was the result of greater activity for each of construction’s three main sectors—nonresidential building [7%], residential building [4%] and nonbuilding construction [13%]. ” Nonresidential building declined 8% year-to-date; residential, -5%; and nonbuilding, -4%.
The bank or credit union must file all of the documents it requires of the applicant, as well as all internal documents relating to the loan with the Governor’s Office of Economic Development in order to receive the paperwork relating to the MicroLOAN Express loan. The REDI Fund provides up to 45% of a project’s total cost.
Rail service is provided by Union Pacific, Burlington Northern, Santa Fe and Kansas City Southern. Swift notes that available commercial, residential and industrial land in the five-parish area is plentiful. Energy Transfer Equity/Trunkline LNG is in the midst of a $5.7 PROPERTY IS PLENTIFUL IN SWLA.
New York Lincoln Equities Group is planning to build a mixed-use development at Hallets Point in Astoria, Queens. The project entails building seven mixed-use residential towers, averaging 32 stories, containing 2,300 residential apartments (1,900 market rate and 400 affordable), a park and a supermarket. Jersey City, 07305.
Private Activity Bond: Issued to finance construction and equipment purchases associated with industrial and manufacturing facilities, residential rental projects, facilities for the furnishing of water, sewage and solid waste facilities and more. See onegeorgia.org/programs/esb.
Borrowers must have at least a 10% equity interest in the project or business. Innovate NY Fund: A seed stage business equity fund with up to $47 million to support innovation, job creation and high growth entrepreneurship throughout the state. 10% Borrower Equity. Residential, casino and gambling institutions.
The company administers the HERO (Home Energy Renovation Opportunity) program in California to provide local governments with a comprehensive residential PACE (Property Assessed Clean Energy) financing solution. The terms are often longer than credit cards or home equity lines of credit, making monthly payments more affordable.
Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Employees must be Arkansas taxpayers.
Oregon Capital Access (CAP) Program: The CAP helps lenders (banks and credit unions) make more commercial loans to small businesses and provides capital for start-up or expansion. Debt and equity financing assistance. treasury Bills plus 1% APR (4% minimum APR); and a 1.5% loan origination fee. Advanced market research and analysis.
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