Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
Manufacturing Layoffs Sweep Across U.S. as Industry Adjusts to Economic Pressures
A wave of plant closures and layoffs is rippling through the U.S. manufacturing sector amid shifting market conditions. Akebono Brake Corp. will lay off 450 workers in Kentucky, Revvity will cut 76 positions in Massachusetts, Gates Corporation will eliminate 110 jobs...
Insurer Partnerships with Diverse Businesses Strengthen California’s Economy
Insurance companies’ partnerships with small and diverse-owned businesses contributed $6.7 billion to California’s economy, a new report from the California Department of Insurance shows. The contracts resulted in $6.7 billion in total economic output, supported...
Tourism Generates $1.4 Billion for Riverbend Region
Tourism brought a $1.4 billion economic impact to Illinois' Riverbend area in 2024, supporting 9,600 jobs and generating $51.6 million in local taxes, according to the Great Rivers and Routes Tourism Bureau. Most spending occurred in Madison County, fueled by growing...
Whirlpool to Invest $300 Million in Ohio Expansion, Creating Up to 600 Jobs
Whirlpool Corp. will invest $300 million to expand its manufacturing facilities in Clyde and Marion, Ohio, a move expected to create at least 448 and up to 600 new jobs. The investment will boost production capacity for the company’s next generation of washers and...
Keel Expands South Carolina Operations with $67 Million Investment
Defense manufacturer Keel announced a $67 million expansion of its Yonges Island shipyard in Charleston County, creating 170 new jobs. The project will advance submarine and aircraft carrier component production for the U.S. Navy. Officials praised the move as a major...
$17M LIHTC Award Fuels $20M Affordable Senior Housing Redevelopment in Reading, PA
A vacant industrial building in downtown Reading will be redeveloped into Cornerstone at 6th & Chestnut, a $20 million affordable housing project for seniors supported by $17 million in Low-Income Housing Tax Credit funding. Developed by HDC MidAtlantic and Landis...
Purdue University Buys $70 Million Canal Square Apartments for Future Student Housing
Purdue University will purchase the 320-unit Canal Square Apartments in downtown Indianapolis for $70.1 million to expand student housing for its growing campus. The acquisition from Barrett & Stokely Inc., approved by Purdue’s board of trustees, is expected to...
DC Cracks Down on Landlord for Exploiting Housing Voucher Program
The owners and manager of three D.C. apartment complexes agreed to pay $700,000 and change their rental practices to resolve allegations of income-based housing discrimination. The suit alleged Petra Management Group exploited the city’s housing voucher system by...
US Senate Passes Bipartisan ROAD to Housing Act to Address Affordability and Supply Challenges
The Senate has passed the bipartisan ROAD to Housing Act, a sweeping measure to expand the nation’s housing supply and ease affordability challenges. The bill directs HUD to develop best practices and streamline local housing processes, while incorporating provisions...
$40M Transit Hub to Bring Passenger Rail Back to Michigan Central by 2029
Detroit officials have unveiled plans for a new $40 million multimodal transit hub at Michigan Central Station that would restore passenger rail service for the first time since 1988. The project, a partnership between the Michigan Department of Transportation, the...
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