article thumbnail

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. However, funding for WHLP lapsed from 2021 to 2023, just as construction costs surged.

article thumbnail

Recent Trends in Real Estate Development: Fall 2023

Community and Economic Development Program of UNC

This blog post is the first in a regular series aimed at informing local government partners about current conditions facing private developers and development projects in their communities. In 2021, for example, a developer able to secure a $5 million loan with 3.5% With an interest rate of 8.5%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Developing the US cybersecurity workforce with CISA

AWS Public Sector Blog

Jen Easterly, United States Director of the Cybersecurity and Infrastructure Security Agency since 2021, poses for a portrait with Amazon Chief Security Officer Steve Schmidt, ahead of an event on business cyber security initiatives at Amazon on September 29, 2022 in Seattle. Photo by Daniel Berman/Amazon. 29, 2022 in Seattle. “We

article thumbnail

Carlisle develops a vibrant engagement platform to revamp public spaces for its community

Citizen Lab

In mid-2021, they launched a CitizenLab platform and set out to generate ideas about how to use their new public spaces and what they… The post Carlisle develops a vibrant engagement platform to revamp public spaces for its community appeared first on CitizenLab's Blog.

article thumbnail

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.

article thumbnail

Episode 64: Bridging the Racial Wealth Divide with NCRC’s Community Development Fund

CRA Today

Marisa Calderon is the executive director at NCRC Community Development Fund (NCRC CDF), a nonprofit, U.S. Treasury-certified community development financial institution (CDFI) that provides loan capital to expand access to affordable homeownership, which helps Black-, Brown- and woman- owned businesses thrive.

article thumbnail

Civic Engagement in 2021: The Power of Digital Surveys

Social Pinpoint

We made it a priority to develop our Survey Tool further to provide more advanced functionalities. The post Civic Engagement in 2021: The Power of Digital Surveys appeared first on Social Pinpoint - A Place to Engage Your Community. Surveys allow community engagement professionals to obtain rich data on a wide variety of topics.