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$420 Million in Federal Funds Headed for Rural Water Infrastructure

$420 Million in Federal Funds Headed for Rural Water Infrastructure

by CivMetrics Staff | May 3, 2022 | Infrastructure, Sub Featured B, Uncategorized, Utilities, Water

Through funding made available by the Bipartisan Infrastructure Law, the US Department of Agriculture announced that it will invest $420 million in rural water infrastructure. The funding will be distributed to 132 projects in the 31 states. Furthermore, Reuters also...
Working From Home and the Impact on City Budgets

Working From Home and the Impact on City Budgets

by CivMetrics Staff | May 2, 2022 | Economics, Public Finance, Real Estate Economics, Uncategorized

The pandemic has changed the way people work, as scores of employees are keeping their work-from-home arrangements (at least part time). This could pose a risk to city budgets due to lost tax revenues derived from commercial real estate, according to a study released...
Another Source of Federal Funding Will Launch New Opportunities for Public-Private Collaborations

Another Source of Federal Funding Will Launch New Opportunities for Public-Private Collaborations

by Mary Scott Nabers | Apr 28, 2022 | Economic Development, Infrastructure, Public Private Partnerships (P3s), Tourism, Uncategorized

Metropolitan Museum of Art, New York Public officials and economic development organizations throughout the country are now eligible to receive large amounts of federal funding which have been allocated for projects related to tourism, recreation, and...
New Capital Plan: $32.8 billion for New York’s Transportation Infrastructure

New Capital Plan: $32.8 billion for New York’s Transportation Infrastructure

by CivMetrics Staff | Apr 25, 2022 | Infrastructure, Uncategorized

Albany, New York might see better transportation infrastructure in the following years with the passage of the new state budget – $32.8 billion of which is allocated for the projects of the New York State Department of Transportation. The focus on public transit and...
Investment Decade: Water and Sewer Sectors to Thrive through ARPA and IIJA Initiatives

Investment Decade: Water and Sewer Sectors to Thrive through ARPA and IIJA Initiatives

by CivMetrics Staff | Apr 24, 2022 | Uncategorized, Utilities, Water

Investment projects continue to thrive with the American Rescue Plan (ARPA) and Infrastructure Investment and Jobs Act (IIJA) which will increase federal financial allocation in water and sewer systems. Through ARPA, $350 billion were allocated throughout different...
Travel Bookings Increase, Along With Travel Costs

Travel Bookings Increase, Along With Travel Costs

by CivMetrics Staff | Apr 23, 2022 | Tourism, Uncategorized

Two years into the pandemic, travellers seem to have been making up for lost adventure opportunities as bookings continue to rise despite the inflation hitting the travel-related industries. As pointed out by Travel Pulse, the demand outweighs the effect of inflation...
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