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How local governments are closing the financial gap for affordable housing developments

Community and Economic Development Program of UNC

The challenges facing real estate development today are well-known. A June 2024 survey of the nation’s largest developers found that two-thirds of multifamily projects in the pipeline are delayed because they are no longer economically feasible under current conditions. How have developers adapted to rising costs?

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2024 Update: Local governments are closing the financial gap for affordable housing developments

Community and Economic Development Program of UNC

The data shows that affordable housing developers continue to struggle with closing financial gaps in their projects (Table 1). The median development cost per unit remained steady at $250,000, more than 50% higher than in 2020. In response, developers increasingly relied on local governments to fill the financial shortfall.

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Urbanism obituaries, 2022 | Death clusters of people, buildings and organizations as an indicator of institutional failure

Rebuilding Place in Urban Space

Recently, I thought about demolition of historic buildings in cities like Detroit as deaths, and that they were worthy of a listing in my annual article on "Urbanism-related Obituaries (2022)." Doubling down on place values ," 2022 (this entry has 20+ links to other posts) Deaths of newspapers. Mention this a lot.

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AWS investment in South Africa results in economic ripple effect

AWS Public Sector Blog

A passionate team of AWS developers and engineers in Cape Town, South Africa, created a single virtual server instance allowing South African customers to access practically unlimited cloud computing capacity without needing an on-premises data center. Since then, AWS has invested ZAR 15.6 The new EIS states that AWS plans to invest ZAR 30.4

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Four Years After the Pandemic, Work-From-Home Trends Reshape Residential Choices and Real Estate

Community and Economic Development Program of UNC

Four years after the pandemic began in March 2020, much of daily life has returned to normal; mask mandates have been lifted, people gather in large numbers for concerts and conferences, and the unemployment rate has returned to pre-pandemic levels. Work-from-home trends have stabilized since 2022.

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How to shore up data protection beyond cyber security policies and standards

Open Access Government - Technology News

Aberdeenshire Council had 243 data breaches between 2020 and 2022. A case in point appears to be Aberdeenshire Council, which revealed in response to a Freedom of Information (FOI) request that some 243 breaches occurred between January 2020 and March 2022 – with that figure representing an upward trend.

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Improving software security in the public sector

Open Access Government - Technology News

Attacks like the SolarWinds hack in 2020, whose Orion IT software used by thousands of government agencies worldwide was infected with malicious software, raised the alarm for state actors worldwide about the need for strong nation-level cybersecurity strategies.