Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
California Polytechnic State University’s $1 Billion Student Housing Project to Feature 4,200 Beds
California Polytechnic State University has partnered with FullStack Modular, Steinberg Hart Architects, and design-build contractor Whiting-Turner for the development of a new 4,200-bed student housing, which will be located on the San Luis Obispo campus. The $1...
Ohio State Budget Proposal Earmarks $100 Million for Affordable Housing Development
In a step to address housing affordability issues, Ohio Gov. Mike DeWine’s proposed two-year state budget includes a $100 million investment in the Ohio Housing Investment Opportunity Program to increase the development of affordable housing, especially in rural...
Monarch Private Capital’s $275 Million HSBC-Led Bond Issuance for Affordable Housing
Monarch Private Capital has issued a $275 million bond which will be used to finance 58 affordable housing projects across Georgia, South Carolina, and Oklahoma. HSBC acted as the Sole Placement Agent for this asset-backed securities transaction. To repay the...
MoDOT Awards $49.9 Million for 63 Bridge Projects Across Missouri
The Missouri Department of Transportation has awarded $49.9 million in federal funding to 63 bridge projects through the 2026 Regional Bridge Program. Replacing the previous off-system local bridge replacement program, this initiative is funded through the Bridge...
Wisconsin Invests $100 Million to Improve Rural Roads and Culverts
Wisconsin is investing $100 million in 55 projects to improve rural roads and culverts, supporting the state’s transportation infrastructure for farmers, producers, and the agricultural and forestry industries across 36 counties. This funding comes from the...
$3.63 Billion Earmarked for Maryland DOT in 2026 Budget Proposal
Gov. Wes Moore’s 2026 budget proposal earmarks $3.63 billion for Maryland's Department of Transportation to fund improvements and maintenance of roads, bridges, transit networks, and airports. This funding would be distributed among several agencies, including $1.07...
SDOT Releases 2025 Levy Delivery Plan, Allocating $1.55 Billion for Transportation Projects
The Seattle Department of Transportation recently unveiled the 2025 Levy Delivery Plan, which lists transportation projects that will be funded by a $1.55 billion investment. The 2025 Levy Delivery Plan outlines the planned key improvements in safety, infrastructure,...
Gateway Commission Awards $1.8B Contract for Manhattan Tunnel Project
The Gateway Development Commission awarded a $1.8 billion contract to the joint venture of Frontier, Kemper, Tutor, and Perini for a critical phase of a $16 billion railroad tunnel project. This infrastructure initiative which involves building a new two-track rail...
Albuquerque City Council Approves $30 Million in Bonds for New Mexico United Stadium
The Albuquerque City Council approved $30 million in Industrial Revenue Bonds (IRBs) to help finance a proposed 10,000-seat stadium for New Mexico United at Balloon Fiesta Park. The city will own the stadium, which will allow the facility to be exempt from property...
Pittsburgh International Airport’s $1.5 Billion Terminal Upgrade Nears Completion
Pittsburgh International Airport's $1.5 billion terminal upgrade, aimed at improving efficiency and enhancing the passenger experience, is nearing completion with 80% of the modernization project finished. Set to open in the fall, the new terminal will feature...
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