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

Community and Economic Development Program of UNC

In August, the North Carolina Housing Finance Agency (NCHFA) released the latest funding awards for 2024. 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.

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Mourning Gus Frangos (1955 – 2024)

Center for Community Progress

Community Progress honored Gus’s contributions to the field at the 2021 National Land Bank Network Summit with the NLBN Lifetime Achievement Award, a testament to his profound impact on the field of land banking. The post Mourning Gus Frangos (1955 – 2024) appeared first on Center for Community Progress.

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Adopting voice commerce in 2024: Benefits and challenges

Open Access Government - Technology News

Revolutionalizing the shopping experience by embracing voice commerce in 2024 for seamless digital interactions Today, customers expect a frictionless shopping experience across online channels. billion from 2021 to 2026, showing a CAGR of 24.34%. billion from 2021 to 2026, showing a CAGR of 24.34%. In 2022, 26.8

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Community building versus economic development

Rebuilding Place in Urban Space

A problem on Market East and in Philadelphia, they said, is the city government only contemplates the future in response to developers’ wishes. Plus they have a bias against development to begin with, think developers are monsters because they make profits, etc. Cities cost money to operate.

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How changes to Fair Market Rent affects access to affordable housing for extremely low-income renters

Community and Economic Development Program of UNC

Landlord participation in the voucher program has declined both nationally and in North Carolina from around 90% in 2018 to 80% in 2024. To determine FMR, the Department of Housing and Urban Development (HUD) uses the median rent price of 2-bedroom units from the latest American Community Survey (ACS). Picture of Subsidized Households.

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Data Analysis: What 421-a Extension Requests Tell Us about the Future of Multifamily Housing Development in NYC

The Stoop (NYU Furman Center)

However, if completed, the proposed projects would continue a long-standing trend where a limited number of community districts produce housing at relatively high rates, underscoring the need for policies that promote equitable development in a broader range of neighborhoods. Uneven development patterns continue.

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European Innovation Council approves €1 Billion in deep tech venture investments

Open Access Government - Technology News

Several companies that have benefited from EIC investments include: Quandela (Palaiseau, France) – a forefront player in quantum photonics, specialising in the development of full-stack optical quantum computers, accessible both on the cloud and on-premises. Today, they announced securing €2.5