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RenoFi | Philadelphia, Pennsylvania RenoFi.com is the first one-stop-shop marketplace for financing a home renovation. Finalists for the prize demonstrated ambitious, feasible, and scalable solutions to the housing affordability crisis and were selected from 203 total nominees. Four MINTs now operate in Boston, Fresno, KC, and Tulsa.
Noting that the rolling pasture land was less than 20 miles from Atlanta’s international airport, the Pinewood team indicated it was a feasible location for their new studio complex. The KOZ incentive program provides tax abatements for county and township property taxes, corporate net income taxes, and school taxes for a period of 10 years.
Office buildings are worth more” than residential as income generators, she explains. That may be why Philadelphia converted more units from office to residential than any other major US city in 2020 and 2021, according to a report by RentCafé (followed by DC, with New York rounding out the top ten).
Historic Preservation Tax Credit (HPTC): (newpa.com/hptc) Provides tax credits to qualified taxpayers who will be completing the restoration of a qualified historic structure into an-income producing property. These areas are defined as counties outside of the Philadelphia MSA and those with populations below 1 million.
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