LG is receiving no government incentives for the building of its new North American headquarters. The new facility will allow LG to expand its workforce from 500 currently to 1,200 by 2017 and to 1,600 by 2020.

Over the past six years the relatively new South Glens Falls Local Development Corp. has issued 14 loans to help a variety of village businesses with startup funding and job-creating projects. The LDC has eight loans circulating and three that were paid off within the past six months, and officials said the program has been successful for the village.

20 Middlesex technology and biotechnology companies are set to each receive an estimated $1.1M grant, the NJEDA announced. This competitive program enables technology and biotechnology companies to sell New Jersey tax losses and/or research and development tax credits to raise cash to finance their growth and operations.

The IRS has conferred tax-exempt status on the recently reconfigured Long Island Power Authority (LIPA) (Now operated and managed by PSEG), allowing LIPA to issue tax-exempt bonds.

The Governor of New York announced an additional commitment of $108 million in funding over the next two years for residential and commercial solar energy projects under the NY-Sun initiative.

Initial funding combines $165 million redirected from other programs and approved by the New York Public Service Commission (PSC) and $45 million from the Regional Greenhouse Gas Initiative.

Offering low-interest loans up to $250,000 across the seven-county region, the fund is designed to provide capital for a broad range of value-added products including maple syrup, meats, vegetables, wines, biomass materials used to produce energy and more.

Stephen Pearlman with Inglesino, Pearlman, Wyciskala & Taylor describes the model originally used for solar energy production in Morris County, using a clever combination of tax credits, PPAs, SRECs and accelerated depreciation. The model is contingent upon four essential state laws.

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Julian Adams with the New York State Historic Preservation Office discusses his department's programs for assisting with the rehabilitation of historic property in New York. Adams gives an overview of the tax credits available for residential and commercial properties, guidelines for doing so, and other federal programs that integrate with this program.

Empire State Development (ESD) is New York's chief economic development agency. Here, Senior Vice President Randy Coburn describes the Excelsior Jobs Program and its strategic industries, minimum job creation thresholds, program caps and results to date.

There is plenty of controversy surrounding the use of P3, but Scott Klein with BNY Mellon Corporate Trust describes the benefits and various included services, and dispels many myths surrounding this bedrock financing tool.

Philip Smith with Stern Brothers gives his outlook on the municipal bond market with a deeper insight to credit trends in state and local governments, infrastructure deals, housing, higher education and non-profit hospitals.

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