Community and Economic Development Program of UNC

SEPTEMBER 4, 2024

Earlier this month, DFI examined how local governments in North Carolina have stepped in to make new affordable housing construction economically viable after a historic increase in construction costs and elevated interest rates. In August, the North Carolina Housing Finance Agency (NCHFA) released the latest funding awards for 2024.

Local Government 79

Local Government Housing 2024 Development 79

Community and Economic Development Program of UNC

AUGUST 13, 2024

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. In 2023, the median number of units in awarded projects dropped to 56, down from the historical range of 68-72 units (Figure 2).

Local Government 94

Local Government Housing Development Government 94

Community and Economic Development Program of UNC

FEBRUARY 19, 2024

These posts are meant to inform local governments about current conditions facing private developers and development projects in their communities. However, some economists have said that higher than expected inflation numbers released in January 2024 could delay those rate cuts. See Figure 1. link] [2] St.

2024 81

2024 Development 2023 Local Government 81

American City & Country

SEPTEMBER 3, 2024

The average (mean) cost for state and local government organizations to recover from a ransomware attack was $2.83 million in 2024, more than double the $1.21 million reported in 2023. This is a sample of the data in the “State of Ransomware in State and Local Government 2024 report.”

Local Government 111

Local Government Public Sector Public Safety 2024 111

American City & Country

SEPTEMBER 23, 2024

The good news is that the latest Governors Highway Safety Association (GHSA) statistics show the first half of 2023 brought a 4% decrease in pedestrian fatalities. Government agencies can leverage real-world data from their communities to improve public acceptance for automated enforcement or other mitigating actions.

2009 108

2009 Laws 2019 2025 108

The Stoop (NYU Furman Center)

SEPTEMBER 9, 2024

These programs, which are aimed at assisting first-time homebuyers (FTHBs), are primarily run by state and local governments as well as non-profit organizations. The National Association of Realtors (NAR) reports that the average down payment by an FTHB was 8 percent in 2023. percent from 2019 to 2022 (the latest available).

Housing 52

Housing 2023 2024 Article 52

Center for Community Progress

OCTOBER 12, 2023

In December 2022, Congress passed an appropriations package that included statutory provisions allowing for additional eligible uses for the American Rescue Plan Act State and Local Fiscal Recovery Fund (ARPA SLFRF). To quote Treasury directly, “ (T)he existing eligible uses, as discussed in the 2022 final rule, remain unchanged.

2026 52

2026 Transportation 2022 Public Health 52