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

Community and Economic Development Program of UNC

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 response, developers increasingly relied on local governments to fill the financial shortfall.

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

Community and Economic Development Program of UNC

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. 1] The data shows that rising costs are taking a toll on new affordable housing projects. How have developers adapted to rising costs?

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Local Governments Break Down Data Silos to House Vulnerable Citizens

State Tech Magazine

As 2024 dawned the Sonoma County, Calif.-based based nonprofit Social Advocates for Youth made an urgent announcement: It would need to close Northern California’s only homeless shelter for youth if it couldn’t raise funds.

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RVP 2024: Philanthropy and Community Revitalization

Center for Community Progress

With the 2024 Reclaiming Vacant Properties Conference (RVP) kicking off in St. Central to this strategy is advancing healthy, well-connected communities with ample access to high-quality employment opportunities, thriving small businesses, and of course, access to safe and affordable housing.

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Welcome to Google Public Sector Summit 2024

Google Public Sector

A Playbook for Minting the New Chief AI Officer According to the White House Executive Order on AI , every federal agency will need to fill the role of Chief Artificial Intelligence Officer (CAIO) by the end of this year. state and local government and education (SLED) initiatives.

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Recent Trends in Real Estate Development (Spring 2024)

Community and Economic Development Program of UNC

These posts are meant to inform local governments about current conditions facing private developers and real estate development projects in their communities. In January, Fannie Mae forecasted that the interest rate on 30-Year Fixed Mortgages would drop below 6% by the end of 2024. 2] (Figure 4) Source: U.S. link] [2] St.

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What @sog_ced is reading online: January 2024

Community and Economic Development Program of UNC

Items of interest related to CED in North Carolina: NC Housing Finance Agency blogs about latest data on housing cost burden in North Carolina. link] 2024 County Profiles are now available! Follow us on twitter or facebook to receive regular updates. Renters face highest burdens. Triangle Land Conservancy is key partner.