Biomass Secure Power Inc. Tax Free Bond Status Approved
Biomass Secure Power is pleased to advise shareholders that on January 19th, 2017 the Louisiana State Bond Commission approved the sale of $60 million tax exempt bonds by the Company's wholly owned subsidiary, Biomass Power Louisiana L.L.C. (BPL).
Restore Louisiana Task Force Approves Plan for $1.2B in Federal Flood Aid
The Restore Louisiana Task Force approved a plan to split up the second, larger pot of federal flood aid.
LA's $4.7B TIMED Program Used for Florida Ave. Roadway
The feasibility of a Florida Avenue road project is being assessed now, and construction could begin in 2021. The federal- and state-funded plan would create a freeway through the Ninth and Eighth Wards on the Florida corridor for trucks traveling from St. Bernard Port, but draws criticism from some.
LA's Economic Gardening Initiative a "Model Program"
A Michigan-based foundation has recognized a Louisiana Economic Development initiative as a "best practice" model for implementing the concept known as economic gardening.
LA Eyeing Clean Energy Projects With Volkswagen Settlement Money
State officials are eyeing clean energy projects like fuel-efficient school buses in Louisiana after a U.S. settlement with Volkswagen over the auto maker's emissions scandal will send $18 million to the state.
LA Legislature to Examine Generous Historic Tax Credit
Baton Rouge's illuminated downtown skyline has been shaped by a relatively small and obscure state tax incentive that has kept intact an air of history in the Capital City. The incentive expires in 2018, but the Legislature is expected to consider renewing it or rolling it back in the spring.
NMTC Coalition Urges Supporters to Sign Letter
The NMTC Coalition is sending a letter to Congress urging leadership to protect the New Market Tax Credit. Please consider signing their letter if you support this important development tool.
LA Awarded $2M to Improve Career Education
The Council of Chief State School Officers and JPMorgan Chase & Co. on Wednesday announced Louisiana is one of 10 states to receive a three-year, $2 million grant through phase two of the New Skills for Youth grant opportunity to strengthen and expand career-education pathways for students.