Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
Marin County, CA Approves $33 Million Bond Financing for Acquisition and Renovation of Senior Housing Complex
$33 million in bond financing has been approved by the Marin County supervisors for the acquisition and rehabilitation of the Parnow Friendship House, a senior living complex in Santa Venetia, with up to $6 million planned to be allocated for renovations. The housing...
California Awards $789.8 Million for New Affordable Housing
In a announcement by Governor Gavin Newsom, 24 housing and sustainable projects across California will be getting a share of $789.8 million in cap-and-trade funds made through Affordable Housing and Sustainable Communities (AHSC) program. This award will be used to...
$73.3 Million Construction Loan Secured for FSU’s ‘The Hall’ Student Housing Project
Portman, 908 Group, Canyon Partners Real Estate, and PTM Partners are developing "The Hall," a Class-A student housing project at Florida State University, funded by a $73.3 million senior construction loan recently secured by the said joint venture from Pacific Life...
Los Angeles Pays $38.2 Million Settlement For False Accessibility Claims in Affordable Housing
The City of Los Angeles has recently agreed to pay $38.2 million to settle a lawsuit filed by the U.S. Department of Justice, alleging that the city violated the False Claims Act by falsely certifying its multifamily affordable housing units as accessible to people...
Flash Update: Weekly Wages in the Every Metro (Q1 2024 Release)
CivMetrics collects key economic data for the largest cities in the United States. In this post, we look at the latest wage data for the largest counties in the United States. For questions about our data, or to request data, please...
Flash Update: Unemployment Rate in Every Metro (August 2024 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...
Flash Update: Case-Shiller Home Price Index in 20 Cities (August 2024 Release)
CivMetrics collects key real estate data for the largest cities in the United States. In this post, we look at new Case-Shiller Home Price Index data for 20 cities. For questions about our data, or to request data, please contact [email protected]. Data...
Meta Announces $800 Million Data Center in South Carolina
Meta has announced the development of an $800 million data center on a 715,000-square-foot site in Aiken County, South Carolina, marking a significant economic development milestone that is expected to create 100 jobs in the region. Scheduled to be operational by...
$92.5 Million Whiskey Project to Boost Economy, Tourism in Kentucky
Saga Spirits Group plans to invest $92.5 million in a whiskey-related project in Versailles, Kentucky, which will include a distillery, visitor center, and event space, and is expected to create 89 jobs and boost the local economy. Said project is supported by...
West Virginia Lands $219 Million in Economic Development Investments
Governor Jim Justice announced that three companies will invest $219 million in West Virginia, with Babcock & Wilcox, a leader in energy and environmental technologies, making the largest commitment at $125 million to Mason County. West Virginia Press...
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