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This blog post attempts to identify which of these property tax breaks that might be relevant to a local government’s community and economicdevelopment plans. Here is the list of exemptions that are most likely to be relevant to a local government’s community and economicdevelopment activities. Okay, enough background.
To attract, retain and expand businesses in today’s tight labor market, economicdevelopment organizations (EDOs) are becoming more involved than ever in partnerships to help meet employers’ talent pipeline and training needs. Lehigh Valley EconomicDevelopment Corporation in Pa.; What do those partnerships look like?
Housing is a basic issue for anyone interested in CED. Behind the headline are a host of issues that both foster hope in how to address affordable housing needs and the realization of the many steps it may take to get there. Manufactured homes are a statewide feature of North Carolina – we have more than almost any other state.
," " Park View Residents Continue To Oppose Redevelopment at Bruce Monroe Park " Washington City Paper , also see " "Temporary" uses as a way to foil development: Bruce Monroe Elementary School site, DC | from school to park to housing "). Most economicdevelopment planners don't know the difference.
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.
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.
These two Banks are diving into issues such as housing affordability and the rural/urban divide in the Southeastern U.S. This is the type of standard economic data you may expect from a regional Federal Reserve Bank, but perspectives about the role of the Bank in community and economicdevelopment, broadly speaking, may be changing.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. DFI in the news: Report on upcoming Transylvania housing summit cites UNC DFI research in Brevard.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. 3sBeDBa By 2040 the # of households headed by 80+ year olds will double but we don’t have the right housing.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates.
The heads of these services sometimes report directly to the city/county managers, or they may function as a unit within other departments, ranging from code enforcement and public works to health and human services to economicdevelopment.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. US Treasury revised ARPA SLFRF eligibility to allow loans for 20+ year restricted affordable housing for those earning 65% AMI or below.
Housing Choice Vouchers are a critical source of funding for North Carolina’s lowest income renters to access affordable housing. 1] The program works by requiring voucher holders to pay a third of their income, while HUD covers the remaining portion of the housing costs.
I started reading Crain's Detroit Business and both Warren--home to GM's technical engineering operations, and Livonia--primarily a community of residential housing, are both either developing or considering the development of downtowns. -- " Warren resurrects plans to develop a downtown " -- " Livonia wants to build a downtown.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates. Last month’s edition of “What @sog_ced is reading….” October 2022.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. Items of interest related to CED in North Carolina: NC Housing Finance Agency blogs about latest data on housing cost burden in North Carolina.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates. 3KHDhH8 Last month’s edition of “What @sog_ced is reading….”
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. 42NOmg0 Politico examines the value of collecting better “housing loss” data – foreclosures, evictions, eminent domain, etc.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates. Housebound residents can request delivery to their door.
North Carolina suffers from a lack of affordable housing options for low and moderate income households. In a May 2022 post , Tyler outlined many of the ways in which North Carolina’s local governments can aid the development of privately owned affordable housing.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates.
Amidst a season of tragedy surrounding affordable housing during the harshest weather season of the year, Andy talks about what has caused our affordable housing crisis, the pros and cons of Accessory Dwelling Units, and some of the housing victories we have seen locally.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. Developer selected by City; universities have option of ownership interest. Follow us on twitter or facebook to receive regular updates.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. North Carolina featured: Raleigh converted hotel to supportive housing and NC made investments in water and sewer infrastructure.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. 45rV6R4 The market’s answer to demand for affordable housing? Manufactured housing. News and Observer article: [link] bit.ly/45rV6R4
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates. Items of interest related to CED in North Carolina: N.C.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. 3rXSBb6 Wilson NC housingdevelopment featured by US Department of Housing and Urban Development.
Often, city arts functions are part of the "economicdevelopment" cluster of city agencies. For example, Arts Councils probably need to add some economicdevelopment planners. The Drury students came up with the idea for the House of Art(s). Art House Baltimore is the name of the project.It
DC received a scathing report from HUD about the failures in managing the city's public housing stock of 8,000 units, 25%--2,000-are vacant because most are uninhabitable (" D.C. Housing Authority’s leadership is failing, HUD report says ," Washington Post ). Council votes for $8 billion Medicaid contracts, housing overhaul ," Post ).
Housing costs and supply are dominating the news at the moment. Housing is the highest monthly bill typical Americans face, reaching an average of $1674 a month in 2021. Housing prices have increased far faster than incomes (Miller 2015), making affordable homeownership inaccessible for many aspiring homeowners (Hackett et al.
Every year cities, towns and villages throughout the nation issue bonds to fund capital projects for affordable housing, water, sewer, education, sidewalk repairs, economicdevelopment, and other areas.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. See also Maureen Berner’s post on mobile homes as a significant source of affordable housing in NC. unc.live/3SEV3f6. September 2022.
Amidst a season of tragedy surrounding affordable housing during the harshest weather season of the year, Andy talks about what has caused our affordable housing crisis, the pros and cons of Accessory Dwelling Units, and some of the housing victories we have seen locally.
Vacant house and lots in the Larimer neighborhood. The Pittsburgh Post-Gazette has an article, " Pittsburgh’s neighborhoods pay the price for abandoned and decrepit homes ," about how Pittsburgh's lower income neighborhoods suffer from serious housing disinvestment. Better off segments have the money to maintain aging houses.
At the White House Conference on Hunger, Nutrition and Health held last fall, a commitment was made to invest in local community and economicdevelopment to increase access to food (see page 12 of the National Strategy on Hunger, Nutrition and Health presented at the Conference).
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. Port City Daily reports on ARPA rule change that clears the way for loans for affordable housing, enabling new development in Wilmington.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. DFI in the news: UNC DFI helps Buncombe County consider whether their downtown assets might be repurposed for affordable housing: bit.ly/3ugHBDC.
By most accounts, the need for affordable housing across North Carolina is massive. According to 2019 census data, over a million North Carolina households are “cost burdened,” meaning they spend more than 30% of their income on housing. What can local governments do to address the need for more affordable housing ?
New data from WRI’s Aqueduct Water Risk Atlas show that 25 countries — housing one-quarter of the global population — face extremely high water stress each year, regularly using up almost their entire available water supply. And at least 50% of the.
For example, in September 2023, an affordable housingdeveloper in Wilmington requested $1.25 According to one survey of the nation’s 30 leading apartment developers conducted by the National Multifamily Housing Council, 79% of those surveyed reported delays in starts for new projects. [1] Louis FRED Economic Data.
The following are articles and reports on the web that the Community and EconomicDevelopment Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates.
Committed to transforming communities through the power of economicdevelopment and CRA. Listen to hear Linda describe her vision for the CRA Hub and other community development thoughts. CRA Partners is a turnkey CRA compliance program powered by the Senior Housing Crime Prevention Foundation. Community Advocate.
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