Archive by category: NewsReturn
July 2018
The U.S. Small Business Administration announced today that Economic Injury Disaster Loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and private nonprofit organizations located in Florida as a result of Hurricane Irma on Sept. 9 to 12, 2017. The loans are available in the following counties Charlotte, Desoto, Glades, Hardee, Hendry, Highlands, Hillsborough, Indian River, Manatee, Martin, Okeechobee, Osceola, Palm Beach, Polk,...
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On Wednesday, July 11, the Highlands County Industrial Development Authority (IDA) approved the issuance of industrial revenue bonds to support the renovation and expansion of the historic Harder Hall property in Sebring.  With a 9 to 1 vote, the IDA adopted a Bond Resolution for issuance of not to exceed $45 million Highlands County Industrial Development Authority Senior Housing Revenue Bonds (Harder Hall Project), Series 2018 in minimum denominations of $25,000.00. IDA board member ...
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The Florida Department of Economic Opportunity and other state officials joined with the Highlands County community to discuss ways to advance economic development in the community.
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Sign up today to receive monthly business and economic development updates for Sebring, Avon Park, Lake Placid and all of Highlands County.
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A recent article by Business Insider examined recently released data on personal income and the cost of living from the Bureau of Economic Analysis. The article identified the top ten most and least expensive metro areas in America. The Sebring MSA, which covers the entire county, made the top 10 of least expensive places to live in the U.S. Not only is Highlands County the least expensive place to live, but a study conducted by Site Selection Group found that operating costs in Highlands C...
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Four Opportunity Zones have been designated in Highlands County. These zones include Census Tract 9603 (Avon Park), Tract 9601.03 (Spanning Avon Park and Sebring), Tract 9612 (Sebring), and Tract 9617 (Lake Placid). The IRS is still currently working on guidance under IRC 1400Z-2 (including the certification of Qualified Opportunity Funds and eligible investments in Qualified Opportunity Zones).According to a press release from Florida Governor Rick Scott, "Low Tax Opportunity Zones, a...
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