Inland GO Zone fuels Tuscaloosa luxury condo boom
In Tuscaloosa Alabama investors flood into about ten new high end condos near the Crimson Tide stadium leveraging Gulf Opportunity Zone tax breaks. Buyers include alumni and investors who plan to rent, aided by accelerated depreciation and tax free bonds under GO Zone. Critics say benefits bypass coast recovery needs while boosting local development.
MENTIONED IN THIS ARTICLE
Tuscaloosa
Ala
Gulf Coast
University of Alabama
Crimson
Bear Bryant
Crimson Tide
Associated Press
Mississippi
Louisiana
Alabama
John Harral
Gulfport, Miss
Stan Pate
New Orleans
Biloxi
Miss
Richard Shelby
Appropriations Committee
Shelby
Kelly Hayes
Southfield
Mich
Andy Turner
Congressional Budget Office
GO Zone tax breaks drive luxury condo buys in gulf region
Investors in Inland Alabama use GO Zone incentives to purchase luxury condominiums amid Gulf Coast redevelopment. The program spans 49 Mississippi counties, 31 Louisiana parishes, and 11 western Alabama counties, with depreciation impacts estimated at 3.5 billion dollars in revenue from 2006 to 2015.
MENTIONED IN THIS ARTICLE
FEMA
Mississippi
Louisiana
Alabama
Coach of 6 year old Indian runner arrested on torture charges
New Delhi police say Biranchi Das, coach to Budhia Singh who ran 40 miles at age four, was arrested for torturing the child after the mother reported scars. The case follows earlier criticism by doctors and child rights activists of the long distance runs.
MENTIONED IN THIS ARTICLE
New Delhi
Budhia Singh
Sarat Chandra Sahu
Bhubaneshwar
Orissa
Biranchi Das
Biranchi
Sukanti Singh
Budhia
Singh
India
Das
Press Trust of India
Child Welfare Department
Hamas bans public gatherings as militiamen clash with protesters
In Gaza City Hamas militiamen beat anti Fatah demonstrators to enforce a ban on rallies after Fatah plans sparked protests. About 300 protesters pressed the march for 20 minutes before dispersing amid arrests and confiscations of cameras. The June fighting left about 100 dead and intensified Hamas Fatah tensions.
MENTIONED IN THIS ARTICLE
Hamas
Gaza
Gaza City
Gaza Strip
Mahmoud Abbas
Fatah
Islamic
Associated Press
Palestinian Journalists’ Union
Saleh Nasser
Democratic
Front For the Liberation of Palestine
Abbas
Ismail Haniyeh
Also Mentioned on This Page
S Construction
Ae AP
Gulf States
Public
Public Assistance
FEA
Gulf of Mexico
Jharathéker Budhia Singh
Bhubaneswar
Lasikplus
America
Joseph Thomas
Thomas
Cleveland
Otter
Enanta
Ibrahim Barzak
LCCC
Jack Nickhus
RE. Yuzon
M.D., Inc
Oberlin Golf Club
Chico
Bobby Clampett
CBS
TBS
Jack Nicklaus
Ann Miller
Lccc Foundation
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