Apartment Choice

A state tax credit that is helping riverside restorations of historic properties in Aurora and Elgin now is set to last through 2021 after Gov. Bruce Rauner approved an extension Friday afternoon . The River Edge Redevelopment Zone Historic Tax Credit program had been set to expire Dec. 31 after lawmakers last year granted it a one- year extension . advertisement But Rauner, while visiting Aurora University on Friday, signed a bill sponsored by several suburban legislators to keep it going another four years. Aurora officials said Mayor Richard Irvin had lobbied for the bill in Springfield and welcomed the signing of it as positive economic news for the city. In the City of Lights, the tax credit has given $3 million toward a $20 million project to revamp the former St. Charles Hospital into senior housing. Officials might also use it to turn the Hotel Arthur and Stanley Furniture buildings into...

GULFPORT MS. (WLOX)-- A new tax credit affordable housing apartment complex will soon open in Gulfport. Baywood Place replaces the Baywood apartment units on Switzer Road. To say these are a vast improvement from what was there, would certainly be an understatement. Jesse Billups is with the Mississippi Housing and Development Authority, which is overseeing the work. "These are state of the art units." Billups told WLOX news . "The complex will have a swimming pool, elevators, a computer center, business center and a media room," Billups added. Since these are tax credit apartments , that means the rental rate will be well below the going market rate. Billups expects these one and two bedroom apartments will rent for somewhere between $350 and $550. The development company, out of Texas, is given a tax incentive to build the complex. In return for the tax break, they are required to rent these units for a reduced rate. Billups says those who think this is gover...

(Source: Sullivan Solar Power ) By Mark Hughes You may have heard the news: San Diego leads the country in kilowatts of solar panels installed , beating out LA and Honolulu — and by a lot. What’s going on? It’s like cell phones all over again. At first, just a few wealthy cranks have them, but before you know it, everyone and their kid has one. Was there a memo? Maybe this is you now: driving home from work, you can’t resist flicking a glance at the solar panel array on your neighbor’s roof and wonder yet again if they pay SDG&E anything. Or, you’re out for a walk and see that trim, shipshape house you’ve always admired now sports the increasingly fashionable blue/black panels. You put on a brave face, but it’s starting to eat at you: panel envy. The good news is that it’s nothing to be ashamed of and you’re far from alone. Pull up a seat, lie back, and let’s talk. Sure, you know all the valiant reasons for putting panels on your roof: a heroic reduction in greenhouse gas emissi...

On Wednesday morning the owners, staff, development partners and residents of Apple Hill Apartments joined together to celebrate the completion of Jackson’s newly rehabilitated apartment community . On Wednesday, August 16, The Provident Companies hosted an open house with light refreshments to symbolize the end of the project. During the opening house, remarks were given by The Provident Company Vice President Robert Bender , USDA Rural Development representative Brent Warren , Jackson City Councilman Jon Hensler , Ohio Capital Corporation for Housing representative John Kircher , Ohio Housing Finance Agency representative Diane Alecusan , Jackson- Vinton Community Action Executive Director Cheryl Thiessen , Park National Bank representative Stan Uchida , Diana Swack and Bernard Swack both with The Provident Company . “ Apple Hill Apartments is an example of the type of safe, decent and affordable housing that households need as a necessary building block for li...

UConn’s place in the Hartford skyline . Hartford — For nearly a half-century, the University of Connecticut has had no place to call its own in the state’s capital city. Today that changes as Connecticut’s flagship university opens the doors of its new $140- million downtown branch campus on Prospect Street . The arrival of the campus, which comes after five years of false starts and setbacks, is a milestone for the university and the city of Hartford. Hundreds attended the grand opening ceremony downtown Wednesday morning . For UConn, it marks the institution’s return from the suburbs into the heart of the city – where the school first opened its Greater Hartford branch in 1939. It moved to West Hartford in 1970. The university, in the years since, had been able to continue to claim a “presence” downtown. Some of UConn’s graduate business programs are housed in a space it leases in 100 Constitution Plaza, and the university’s basketball and ice hockey teams play games in the XL ...

August 24, 2017 Millennials are creating their own definition of financial success . | Jonathan Nackstrand/AFP/Getty Images Facebook knows how you feel about money. The company has been listening in on young people ’s online conversations, as well as analyzing audience data and conducting surveys, in order to learn more about how users between the ages of 21 and 34 think about financial matters. What it discovered is likely to surprise some people, though probably not millennials themselves. “Millennials are misunderstood — famous for their impulse for instant gratification. But when we stop to observe their financial behaviors and listen to them describe their relationship with money in their own words, a new millennial emerges,” according to the report, Millennials and Money: The Unfiltered Journey. ")}; Once you brush aside the stereotype of the lazy and entitled millennial, a picture of a financially responsible generation comes into focus. Millennials want to pay down debt...