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Construction Bulletin

Economic Development

BUILD WV Act to Provide Tax Exemptions for Residential Building Projects

On March 30, 2022, West Virginia Governor Jim Justice signed the BUILD WV Act into law.  The BUILD WV Act, or House Bill 4502, creates tax exemptions for developers if they build residential areas in certain regions of West Virginia.  These tax exemptions include a potential municipality business tax exemption, a property value adjustment refundable tax credit for ten years, and a sales tax…

DRI Construction Committee Hosts Virtual Seminar July 14-15

Member and Vice Chair of DRI's Construction Law Committee Danielle Waltz invites you to join DRI’s first-ever virtual seminar experience: 2020 Vision - Spotlight on Current Issues and What’s Next for the Construction Industry! This exciting event will capture everything you need to know about the current climate of the construction industry from the comfort of your office or home.


The Opportunities and Risks of Opportunity Zone Projects

Investments are now coming into federal “Opportunity Zones.” The Opportunity Zone program, ushered in by the Tax Cuts and Jobs Act, allows various benefits for investors who reinvest capital gains in these federally designated zones throughout the country. The effect (in theory) is that investment will flow into these areas, which are typically low-income or underutilized, and new projects and…


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