by AJ Jessup | Aug 5, 2025 | Blog
This post updates a previous post, to now reflect the provisions of the final enacted legislation. “Opportunity Zones,” created in 2016 under the Tax Cuts and Jobs Act, were designed to encourage investment in “distressed areas” by way of deferrals and exclusions on...
by Bob Jessup | Aug 5, 2025 | Blog
We’ve written before, and wondered with something like despair, if we would ever be able to have a productive discussion about diversifying local revenue sources in North Carolina. The situation for local governments is only getting worse....
by Bob Jessup | Jul 30, 2025 | Blog
Federal tax law, and North Carolina state law, allow tax-exempt bonds to be issued to benefit privately owned, for-profit housing developments. The very popular 4% low-income housing tax credit program in fact requires that bonds be issued to finance housing...
by Emily Jessup | Jul 11, 2025 | Blog
This is the first installment in our series spotlighting different ways communities across North Carolina are tackling their housing needs. We heard about Morganton’s Housing Stimulus Program that offers forgivable loans to developers for water, sewer, and streets...
by Bob Jessup | Jul 11, 2025 | Blog
Our friends at the LGC have recently announced policy and process changes that will be useful to local governments in getting financings approved. Reducing the audit blackout period It has been LGC policy for some time that you couldn’t get a financing approved in...
by Emily Jessup | Jun 25, 2025 | Blog
We were glad to be in Sylva on June 18 for a Housing Summit hosted by Western Carolina University and the Southwestern Commission Council of Governments. Bob provided the keynote address (slides available on our LinkedIn) and were pleased to see and be around so many...
