A fifth of all eligible Limerick businesses yet to apply for…

first_imgLimerick Ladies National Football League opener to be streamed live Previous articleLimerick Ladies football squad announced as fixtures confirmed for All-Ireland seriesNext articleFilm in Limerick welcomes extension of Regional Film Uplift for Mid-West in budget Staff Reporterhttp://www.limerickpost.ie WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads LimerickNewsA fifth of all eligible Limerick businesses yet to apply for Business Restart Grant Plus schemeBy Staff Reporter – October 14, 2020 229 Donal Ryan names Limerick Ladies Football team for League opener Twitter WhatsApp RELATED ARTICLESMORE FROM AUTHOR Advertisement Printcenter_img Roisin Upton excited by “hockey talent coming through” in Limerick Facebook Limerick’s National Camogie League double header to be streamed live Photo by Scott Graham on Unsplash AROUND 80 per cent of businesses in Limerick who are eligible for the Business Grant Plus scheme have applied for funding from Limerick City and County Council.  To date Limerick City and County Council has received 4,211 applications with a value of €19.5 million, while 3,856 applications have been processed with €17.8 million having been paid to businesses in Limerick.  Sign up for the weekly Limerick Post newsletter Sign Up However, that still leaves around 20 per cent of eligible businesses who have yet to apply for the scheme. Closing date for applications is 31 October 2020. The Business Restart Grant Plus scheme amounts to direct grant aid of between a minimum of €4,000 to €25,000, based on commercial rates bill from 2019. It is open to businesses that have a turnover of less than €100,000 per employee up to a maximum of €25million. The grant, administered by Limerick City and County Council is to help businesses with the costs associated with the Covid-19 pandemic.  Other qualifying criteria include:·         Be a commercial, trading, entity ·         Operate from a premises that is commercially rateable by a local authority ·         Have 0 – 250 employees ·         Have suffered a 25%+ loss in turnover between 1 April and 30 June 2020. ·         Commit to remain open or to reopen if closed ·         Intend to retain employees that are on The Temporary Wage Subsidy Scheme (TWSS) If a business has already been paid a grant under the initial Restart Grant Scheme, they do not need to complete a new application for the Restart Plus. The Council will contact you to confirm if you wish to opt-in to the Restart Grant Plus scheme. The Council will liaise with businesses directly, in the event that any additional information is required to complete your application under the Restart Grant Plus scheme. A further 30% top up is available for businesses as part of the introduction of Covid Level 3 restrictions. The Council will again contact businesses to confirm if they are eligible/ wish to opt-in to the Restart Grant Plus 30% scheme. Mayor of the City and County of Limerick Cllr Michael Collins said: “As a small business owner I understand the worry and confusion brought about by Covid-19. Some futures are uncertain and it is difficult to live with the ‘not knowing’.” “The Business ReStart Grant Plus will, in some way, help allay some of the costs associated and incurred when re-opening or keeping a business operational as well as re-connecting with employees and customers.” Sean Coughlan, Deputy Chief Executive and Head of Finance with Limerick City and County Council said: “Business Restart Grant Plus is one of a suite of measures being offered by Limerick City and County Council and Local Enterprise Office Limerick. I would encourage all businesses eligible to apply.” “Our records suggest there is still around 20 per cent of eligible businesses that have yet to apply for the grant. Log on to limerick.ie/business and fill out the application form. The form is not complicated and only takes a few minutes.” For more information on the Restart Grant Plus click here.To apply for the ReStart Grant Plus Scheme, click here. For information about other schemes to support businesses, check out limerick.ie/business.  Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash Linkedin Email TAGSKeeping Limerick PostedlimerickLimerick Post last_img read more

Trulia: Undervalued Homes Squash Housing Bubble Concerns

first_img Home Prices Housing Bubble Trulia Undervalued Homes 2014-06-26 Krista Franks Brock The Best Markets For Residential Property Investors 2 days ago Previous: HUD: Allegations Settled over Maternity Leave Discrimination Next: Survey: Realtors Continue to Invest in Mobile Technology The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago June 26, 2014 2,205 Views Trulia: Undervalued Homes Squash Housing Bubble Concerns Tagged with: Home Prices Housing Bubble Trulia Undervalued Homes About Author: Krista Franks Brock Sign up for DS News Daily While persistent price gains continue to dominate headlines, homes in a majority of major markets across the country remain slightly undervalued, quashing any concerns of a rising housing bubble, according to the latest data from Trulia.Nationally, homes remain undervalued by 3 percent compared with long-term fundamentals, according to Trulia’s Bubble Watch.Market-level data reveals 76 of the 100 largest metros remain undervalued, and most of the overvalued markets are less than 10 percent overvalued.”While the number of overvalued markets is rising, there remains little reason to worry about a new, widespread bubble forming,” said Trulia chief economist Jed Kolko.Just seven of the 100 largest metro markets are currently overvalued by more than 10 percent.Furthermore, Trulia points out even today’s most overvalued markets are nowhere near their bubble levels of overvaluation. For example, Orange County, California, the most overvalued market, is currently overvalued by 17 percent. This compares to 71 percent at the height of the bubble in 2006.Honolulu and Los Angeles tie for second place on Trulia’s list of overvalued markets. Homes in both metros are overvalued by 15 percent. However, in the first quarter of 2006, Honolulu homes were overvalued by 41 percent, and Los Angeles homes were overvalued by 79 percent, according to Trulia.The trend reads similarly down the list of top 10 overvalued markets, with the exception of Austin, Texas. Prices in Austin are currently overvalued by 13 percent, compared to just 8 percent at the height of the bubble. Trulia explains, “that’s because Austin (and Texas generally) avoided the worst of last decade’s bubble and bust.”Overall, Trulia expects national home prices to rise to a neutral level—neither undervalued nor overvalued—by the end of this year or the start of next year. Slowing price gains at the national level leave no concerns for a rising bubble, according to Trulia.Currently, three of the top five undervalued markets are in Ohio, with Akron and Cleveland topping the list with homes currently undervalued by 21 percent.Detroit, Michigan, and Dayton, Ohio, follow. Homes are undervalued by 19 percent and 16 percent, respectively, in these two markets. However, both markets are experiencing double-digit price gains, so Trulia does not expect them to linger on the most undervalued list for long.Trulia determines whether a market is overvalued or undervalued by comparing home prices to price-to-income ratio, price-to-rent ratio, and long-term price trends. The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Share Save Krista Franks Brock is a professional writer and editor who has covered the mortgage banking and default servicing sectors since 2011. Previously, she served as managing editor of DS News and Southern Distinction, a regional lifestyle publication. Her work has appeared in a variety of print and online publications, including Consumers Digest, Dallas Style and Design, DS News and DSNews.com, MReport and theMReport.com. She holds degrees in journalism and art from the University of Georgia.  Print This Post in Daily Dose, Featured, Headlines, Market Studies, News Home / Daily Dose / Trulia: Undervalued Homes Squash Housing Bubble Concerns Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribelast_img read more