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Securing funding is one of the most vital parts of a building project, and when facing a gap, it’s worth exploring local, state, and federal programs. In some areas, developers and owners can take advantage of Tax Increment Financing (TIF). This regional funding method subsidizes redevelopment, infrastructure, or other community improvement projects.

When planning a building project, knowing how you pay is as important as knowing what you pay. An understanding of billing for architectural services and construction work helps you allocate funds and budget accordingly.

Whether you are renovating your existing home or building a new one, you are probably wondering “should I hire an architect?”

Architects can be secretive about their prices, which can be frustrating for anyone starting their first building project. Some services are charged hourly, others at a fixed sum, and others at a percentage of the construction cost. Although fees depend on the time it takes to complete the work involved, the pricing structure can get confusing.