by Bob Jessup | Mar 26, 2025 | Blog
The State statutes and the tax-exempt bond rules generally provide that borrowed money can only be used to pay “capital costs” of a project. But what is a “capital cost,” or a “capital expenditure,” exactly? Let’s split the question into a few sections. For new...
by Emily Jessup & AJ Jessup | Mar 21, 2025 | Blog
We were among the 800+ folks at the North Carolina Main Street conference March 11-13 in Mooresville. So many interesting sessions and bits of advice, including the following: If you don’t trust the private partner in your public-private...
by Bob Jessup | Mar 19, 2025 | Blog
Just about every community in North Carolina agrees that it has a housing problem. In most cases, it’s a need for housing across the board. There are several recognized ways for local governments to provide direct assistance to undertakings to develop housing for...
by AJ Jessup | Feb 26, 2025 | Blog
Retail leakage, for our purposes, is the gap between the money spent by local consumers and the revenue generated by local businesses, often due to residents shopping in neighboring areas. Significant retail leakage in an area points to opportunities for new and...
by Bob Jessup | Feb 18, 2025 | Blog
“Employers can no longer afford to overlook America’s escalating child care crisis,” according to a January article in Site Selection magazine. A report from the NC Chamber Foundation indicates that thousands of North Carolinians are leaving the workforce, forgoing...
by Bob Jessup | Feb 12, 2025 | Blog
We’ve updated the original blog post to reflect that Commerce and the EDP and published their program description and model documents. For years people have advocated for North Carolina to establish a program to give local governments another tool to help businesses...
