Civic Development News and Data

The latest local trends, news and insights on infrastructure, economic development, housing and economics.

Civic Development Podcast #3: P3s Unplugged with Thomas John, Seth Miller Gabriel and Jeremy Ebie

Episode #3: P3s Unplugged: Insights from the Washington DC Streetlights Project Three infrastructure insiders join us to break down the Washington DC Streetlights P3 Project, a case study of innovative thinking in urban development. The panelists share their insights...

$370M Microchip Facility to Boost Louisiana Economy, Add 300 Jobs

Radiance Technologies will invest $370 million to build a secure microchip research and manufacturing plant in Ruston, Louisiana. Backed by nearly $37 million in state support, the project is expected to create 150 direct jobs and 149 additional indirect positions....

Hyundai Raises U.S. Investment to $26 Billion

Hyundai Motor Group will boost its U.S. investment to $26 billion over the next four years, targeting steel, automotive, and robotics production. The plan includes a new low-carbon steel plant in Louisiana, increasing U.S. car production to 1.2 million units annually,...

Kentucky, Indiana Approve $933 Million I-69 Bridge Project

The Kentucky Public Transportation Infrastructure Authority and Indiana reached an agreement to move forward with the $933 million I-69 bridge over the Ohio River. Kentucky will financing, planning, and construction of the bridge, with costs shared equally between the...

Civic Development Podcast #1: The Big Beautiful Bill and Affordable Housing in the 2nd Trump Administration with David Gasson

Episode #1 David Gasson of MG Housing Strategies joins us to break down everything affordable housing professionals need to know about the state of play in the 119th Congress and the 2nd Trump Administration. * The episode begins with a discussion on the 2nd Trump...

GE Appliances to Invest $490 Million in Louisville, Kentucky Washer Plant

GE Appliances announced a $490 million investment to build its most advanced washer manufacturing plant at its Louisville, Kentucky headquarters, reshoring production from China and creating 800 new full-time jobs. The move strengthens Kentucky’s role as a hub for...

US Jobless Claims Climb Sharply, Highest Since 2021

Recurring jobless claims in the U.S. climbed to their highest level since November 2021, pointing to a labor market where unemployed workers are taking longer to find new jobs. Initial claims, however, dipped, which together with the increase in recurring claims...

$240 Million P3 Deal Brings Student Housing to Palm Beach Atlantic University

A $240 million public-private partnership between Gilbane and Palm Beach Atlantic University will bring a 25-story, mixed-use student housing tower to downtown West Palm Beach. The project includes 990 student beds, a dining hall, fitness center, and parking...

New Indiana Law Paves Way for Tolls, Rail Investment, Local Road Funding

Indiana has become the first state to authorize tolling on all interstate highways, allowing officials to seek federal waivers without additional legislative steps. The law also offers tax credits for private rail investments and gives counties new ways to fund road...

MO Gov. Kehoe Signs $1.5 Billion Stadium Incentive Package to Keep Royals, Chiefs

Missouri Gov. Mike Kehoe has signed off on a $1.5 billion stadium incentive package aimed at keeping the Kansas City Royals and Chiefs from relocating across the state line. The plan would cover up to 50% of stadium costs using tax revenue generated by the teams,...

Chicago TIF District Expansion to Fund Over 300 New Units at Lathrop Homes

Jan 29, 2025 | Credits and Incentives, Finance - Incentives, TIFs

The Chicago City Council recently approved an expansion of the Diversey/Chicago River tax increment financing district, which will help increase funding for the construction of more than 300 housing units in the southern section of the Lathrop Homes development...

TN Attorney General: Tax Incentive Resolution Raises Constitutional Concerns

Jan 29, 2025 | Credits and Incentives, Legal - Incentives, TIFs

Tennessee Attorney General Jonathan Skrmetti has raised legal concerns about a new Shelby County resolution requiring developers to first complete "culturally competent community engagement" before seeking tax incentives, suggesting parts of the policy could violate...

$15M LIHTC Project in Yellow Springs, Ohio Moves Forward

Jan 29, 2025 | Credits and Incentives, Finance - Incentives

A low-income housing tax credit (LIHTC) project in Yellow Springs, Ohio, is moving forward, with Village Council recently approving key resolutions to support Woda Cooper Development’s $15 million LIHTC application to the Ohio Housing Finance Agency. To ensure the...

Flash Update: Job Openings in Every State (January 2025 Release)

Jan 25, 2025 | Flash Updates, Job Opening, Local Economics

CivMetrics collects key economic data for the largest cities in the United States. In this post, we look at a new data on job opening rates in all 50 states. For questions about our data, or to request data, please contact [email protected]. Data is from...

Flash Update: Inflation in Major Cities (January 2025 Release)

Jan 25, 2025 | Flash Update - Inflation, Flash Updates, Inflation

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 14 cities tracked in this release. For questions about our data, or to request data, please contact [email protected]....

New Student Housing Complex Coming to Wisconsin with 12-Story Theory Madison Project

Jan 24, 2025 | Finance - Specialty Housing, Student Housing

A new student housing complex is set to rise in Madison, Wisconsin, as construction begins on Theory Madison, which is slated to open in summer 2026. The 12-story development aims to help address the shortage of affordable housing units, particularly for University of...

$344.2 Million Secured to Refinance Brookdale Senior Living’s Portfolio

Jan 24, 2025 | Finance - Specialty Housing, Senior Housing

JLL has successfully secured a $344.2 million, seven-year fixed-rate note for Brookdale Senior Living, which will be used to refinance a portfolio of 47 senior housing communities. Spanning 14 states, the portfolio includes 5,102 units offering independent, assisted,...

Seattle, WA Commits $108 Million to Affordable Housing

Jan 24, 2025 | Affordable Housing, Finance - Specialty Housing

Tackling Seattle’s growing housing needs and promoting long-term affordability, Mayor Bruce Harrell has announced that the city is committing a $108 million investment in affordable housing, which will come from Seattle's 2023 Housing Levy. This initiative will...

$64.2 Million Investment to Boost Affordable Housing in Boston, MA

Jan 24, 2025 | Affordable Housing, Finance - Specialty Housing

In a step to address Boston's housing needs, Mayor Michelle Wu has announced that $64.2 million has been earmarked for the creation and preservation of 637 affordable housing units across eight Boston neighborhoods. The funding will support twelve mixed-income housing...

Oregon Secures $30M for Dual-Lane Roundabouts Construction on Highway 126

Jan 22, 2025 | Finance - Infrastructure, Finance - Public Projects/Construction, Infrastructure, Transportation

$30,259,024 in federal funding from USDOT’s Rural Surface Transportation Grant Program will be awarded to the Oregon Department of Transportation, which will be used to improve a two-mile stretch of Highway 126 in Lane County. The project will involve the construction...

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