CHARLOTTE -The Charlotte Housing Authority has received funding and tax credits that will allow it to build 92 one-bedroom units. The authority, through its affiliate Horizon Development Properties, has been given $8.8 million in federal tax credits from the U.S. ...Read More »
A new national report issued by the U.S. Commerce Department found that in July new housing starts increased significantly to an eight-month high, after two months of disappointing results. But do the numbers reflect a sustained rebound or a momentary ...Read More »
CHARLOTTE – Total building permit value in Mecklenburg County made unexpectedly high annual and monthly jumps in July to the highest level seen in the past 60 months. At nearly $537.8 million, permit value leapt 26.5 percent over July 2013, ...Read More »
Reflecting the broader national trend, institutional investor activity in home buying pulled back in the Charlotte metro area during the second quarter of 2014. In a new report released by RealtyTrac, institutional investors, or organizations that bought ten or more ...Read More »
To anyone working in the construction trades, it’s no surprise that there’s a shortage of skilled workers that has been going on for years and could get even worse. According to a survey by the Associated General Contractors of America, ...Read More »
RALEIGH – The tax credit that helped people rescue historic businesses, homes, neighborhoods and cotton mills in 90 of North Carolina’s 100 counties faces likely extinction as legislators have refused to renew the benefit. The credits likely will end Jan. ...
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RALEIGH – The full state Senate and House on Friday passed a conference committee version of a regulatory reform package that has wide support in the building industry. After Senate Bill 734 bill is enrolled, it will go to the ...Read More »