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State by State Incentives Guide

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Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones.

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Why Are Developers Building Luxury Condos in Cities Facing an Affordable Housing Crisis?

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million housing units for low-income renters, according to the National Low Income Housing Coalition. Rather than building inexpensive units, those developers are adding a large share of luxury condos due to higher demand and bigger profits, Forbes reports. is short 7.3 In pricey coastal markets, residential land is expensive.

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Innovation Is Thriving In Arizona

Business Facilities

While the national average of per-capita income going to taxes is 9.9 In addition, Arizona’s taxes on property, gas and personal income remain low compared to the rest of the country. Boasting a population of nearly 500,000, Mesa is the 36th largest city in the United States and second largest in the Phoenix-Mesa metro area.

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Less Than Half of All U.S. Counties are Affordable for Homeownership

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Counties deemed unaffordable are those with housing costs exceeding 28% of the average household income. The largest metros where homeownership remains affordable on average are Chicago, Houston, Philadelphia, Cleveland, and Tampa. .

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STATE FOCUS: Florida – Let The Sun Shine

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According to the Florida & Metro Forecast 2013–2016 , published in April by the Institute for Economic Competitiveness (College of Business Administration, University of Central Florida), Florida’s economic future also looks bright. Less Taxing” since there is no state income tax. (Photo: Greater Fort Lauderdale Alliance.).

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STATE INCENTIVES GUIDE

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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.

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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee is proud to be a right-to-work state with no personal income tax on wages. OPPORTUNITY ZONES ARE HERE. The authors of the Opportunity Zones section of the tax reform bill, Sen. North Carolina, Colorado and Virginia topped the chart in BF’s flagship Economic Growth Potential ranking. that need it the most.