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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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Recent Trends in Real Estate Development: Winter 2024

Community and Economic Development Program of UNC

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. 1] Source: National Multifamily Housing Council.

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January 2024 - Microsoft 365 US Public Sector Roadmap Newsletter

Microsoft Public Sector

MC683663 — (Updated) Access Microsoft Lists, PowerBI, Loop and Whiteboard Content in OneDrive Web 60 Days As a Viva Engage customer you will enjoy the new video and image experiences as soon as they reach general availability early in 2024—no action needed. All customers are expected to have the new designs by the end of March 2024.

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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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AWS and USAID accelerate Armenia’s cloud journey and digital resilience

AWS Public Sector Blog

During her visit to Armenia on July 10, 2024, Samantha Power, the United States Agency for International Development (USAID) Administrator, announced $5 million in funding for a new public-private collaboration between USAID, the Government of Armenia, and Amazon Web Services (AWS).

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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. Why should retailers adopt voice commerce in 2024 and beyond? In 2022, 26.8 billion from 2021 to 2026, showing a CAGR of 24.34%.

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Announcing the Generative AI for Geospatial Challenge, which awards $1M in AWS credits to innovators

AWS Public Sector Blog

Louis on October 29, 2024. Submissions will remain open until November 29, 2024. Award announcements are expected in mid-December, followed by a project development period culminating in April 2025. The challenge has a prize pool of $1 million in AWS credits, awarded to the most compelling project ideas that emerge.

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