Researchers Outline Potential Funding to Save LA's Coastline
The master plan to save Louisiana's rapidly eroding coastline will be no more than a dream unless the state shores up enough financial resources to pay for it. Two Tulane University researchers have produced a report on potential funding options including a carbon credit program and revolving loan fund.
Provident Using Tax-Exempt Bonds and P3 Financing to Develop Projects
After 18 years in business, Baton Rouge-based Provident Resources Group, a nonprofit development and management company that has been involved in everything from housing for college students to correctional facilities in North Carolina, is changing its focus and developing hotels.
Grant Issued to Study Old Railroad Brownfield Sites in Lafayette, LA
Acadiana Planning Commission is one of 172 entities across the country selected to receive funding for brownfield site revitalization efforts. These initial steps towards redeveloping vacant and unused properties help transform the sites to productive reuse.
Opinion: Tax Credits Promote Growth in LA
Desperate times often equal desperate measures that do more harm than good. Such is the case with many of Louisiana's economic development tax credits — the State Historic Tax Credit in particular. Currently, the legislative session brings another threat to the credit which improves LA's downtowns and other historic areas.
Angel Investor Tax Credit Program Helps Waitr Open in LA
Waitr, an on-demand food delivery service and online restaurant technology platform, opened its operations center in Lafayette, Louisiana. Waitr has utilized the state's Digital Interactive Media and Software Development Incentive and the Angel Investor Tax Credit Program to receive funding.
LA House Approves State PILOT Program
The Louisiana House approved a proposed constitutional amendment that would permit local governments to seek payments in lieu of taxes from manufacturers eligible for the state 10-year industrial tax exemptions.
LA Seriously Considering Energy Efficiency Incentives Aimed at Utility Programs
Widely believed to be the first initiative in the Southeast to decouple utility revenues from power sales, Arkansas' success to date is serving as proof that such regulations can benefit ratepayers and utilities while creating new energy efficiency jobs. Mississippi and Louisiana are the latest states to seriously consider such incentives aimed at utility programs that can save electricity and natural gas ratepayers' money.
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