|An e-Newsletter for the Clients and Friends of C.T. Hsu + Associates, P.A.|
• The AIA reports that embedded in one of the tax bills now moving through Congress is a provision that would reauthorize the Qualified Zone Academy Bond (QZAB) school construction bonding program. “This program allows state and local governments to use tax exempt bonds to fund school modernization,” said Matt Hyde, program manager, AIA Federal Legislative Affairs. “It requires that a private-sector industrial or entrepreneurial partner contribute at least 10 percent of the cost of a given project to qualify the project for federal tax advantaged bond status.” According to the AIA, this contribution can be an “in-kind contribution”, providing more flexibility for local businesses to participate in school improvement activities through provision of goods, services, or cash.
• Black’s Guide, one of the nation’s longest-running and most comprehensive sources for commercial real estate information, is now available ONLINE through the EDC’s website: www.OrlandoEDC.com. What users will find is a searchable database of multi-tenant commercial properties — office and flex space, industrial buildings with over 15,000 square feet of leasable space, and buildable land — including photos, maps and contact information. Only properties located in the Metro Orlando region are included among the listings on their website. This free and easy-to-use data source is a great new tool available for EDC clients and investors. Click here to explore its potential. Source: EDC Communiqué. November 4, 2005.
• The American Institute of Architects has published a new issue brief on smart growth plans that supports mixed-use development, including residential, commercial, retail and municipal buildings, in close proximity to one another. “Smart Growth policies have a positive impact on so many different aspects of society,” according to Paul Mendelsohn, senior director, AIA State and Local Affairs. “From reducing sprawl to mitigating the environmental impacts of development, smart growth policies enhance the communities in which we live.” The smart growth issue brief is located in the AIA State & Local Issue Briefs area of the Web site. If you would like more information, contact the AIA Government Advocacy team at email@example.com or (202) 626-7507.
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C.T. Hsu + Associates, P.A.