2021 February

Feet On The Street – The Latest 2/24
The inverse curse: COVID-19 infections are trending downward amid sharply rising building costs. “It’s really bad.”   The Custom Home Builder’s View “We still have COVID-19 issues — they’re not as bad as they were 30 to 60 days ago. The biggest issues are material pricing,” said a Los Angeles-based contractor and QuickDraw client when we spoke to him fresh on a Monday morning. Read more
February 22, 2021
QuickDraw Fund Control
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QuickDraw Awarded Contracts for Opportunity Zone Developments in East Hollywood & Reno
Under the 2017 Tax Cuts and Jobs Act, Opportunity Zones were created to drive private investment to distressed areas by incentivizing long-term investments in low-income neighborhoods. According to the U.S. Economic Development Administration (EDA), there are more than 8,760 designated Qualified Opportunity Zones located in all 50 States, the District of Columbia, and five United States territories. Investors can defer tax on any prior gains invested in a Qualified Opportunity Fund (QOF) until the earlier of the date on which the investment in a QOF is sold or exchanged or until December 31, 2026.Read more
February 19, 2021
QuickDraw Fund Control
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QuickDraw Fund Control Expands “Feet On The Street” To Sacramento
QuickDraw Fund Control, a leading provider of construction fund management, recently expanded services to Sacramento, California, in response to the increasing demand for housing in the region. At the helm is Relationship Manager Steve Board, who has been performing draw inspections with QuickDraw for more than eight years.Read more
February 18, 2021
QuickDraw Fund Control
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