Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
SoLa Impact Secures $29 Million in NMTC Financing for Crenshaw Lofts Initiatives in Los Angeles
SoLa Impact has closed $29 million in New Markets Tax Credit (NMTC) financing to support the development of the SoLa Tech & Entertainment Center powered by Live Nation, and the Crenshaw Culinary Arts Cafe at Crenshaw Lofts, a 190-unit mixed-use development in...
Bipartisan Bill Aims to Boost Affordable Housing Production With LIHTC Reforms
Reps. Darin LaHood and Suzan DelBene have introduced the bipartisan Affordable Housing Credit Improvement Act of 2025, which seeks to improve the Low-Income Housing Tax Credit (LIHTC) program and finance over 2 million affordable rental homes over the next decade. Key...
Enterprise Community Partners Closes $407 Million in LIHTC Funds for 2,497 Affordable Housing Projects
Enterprise Community Partners has closed two low-income housing tax credit (LIHTC) funds, EHP 45 and EHP 46, raising a combined $407 million, which will be used to finance the creation or preservation of 2,497 affordable homes across 11 states and the U.S. Virgin...
C.W. Matthews Wins $104 Million Contract for Georgia Highway 20 Widening
The Georgia Department of Transportation has awarded C.W. Matthews Contracting Co. Inc. a $104 million contract to widen a 6-mile section of Georgia Highway 20 between Cherokee County and Post Road in Forsyth County. The project will expand the highway to three lanes...
Alstom Secures $518 Million Contract Extension for JFK AirTrain Operations and Maintenance
Alstom has signed a seven-year, $518 million contract extension with the Port Authority of New York and New Jersey to continue operating and maintaining the John F. Kennedy International Airport AirTrain, with an option for three more years. Under the agreement,...
Skanska Lands $444 Million Contract to Replace Raritan River Bridge in New Jersey
Skanska has been awarded a $444 million contract to replace the Raritan River Bridge, a key rail link between Perth Amboy and South Amboy, New Jersey, damaged by Superstorm Sandy. With construction beginning this month and completion expected in 2029, the scope of...
Fluor Awarded $671 Million Contract to Expand SH 6 in Bryan/College Station, TX Area
Fluor Corporation has been awarded a $671 million contract by the Texas Department of Transportation to expand a 12-mile stretch of SH 6 through Bryan and College Station, aiming to ease congestion and improve safety. The project, set to begin in summer 2025, will...
Flash Update: Inflation in Major Cities (April 2025 Release)
CivMetrics collects key economic data for the largest cities in the United States. In this post, we look at the latest CPI release and the 12 cities tracked in this release. For questions about our data, or to request data, please contact [email protected]....
Flash Update: Unemployment Rate in Every Metro (April 2025 Release)
CivMetrics collects key employment data for the largest cities in the United States. In this post, we look at new data on unemployment rates in US metro areas. For questions about our data, or to request data, please contact [email protected]. Data is from...
Flash Update: GDP Growth in Every State (March 2025 Release)
CivMetrics collects key economic data for all 50 U.S. states. In this post, we look at the latest GDP figures by state. For questions about our data, or to request data, please contact [email protected]. Data is from the Bureau of Economic Analysis, released...
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