Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
Flash Update: Unemployment Rate in Every Metro (November 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 from...
Amazon Expands in Florence County, SC with $18 Million Facility
Amazon is expanding its operations in Florence County, South Carolina, as it announces the opening of an $18 million last-mile facility near I-95 and I-20, aiming to improve package sorting and delivery services. The 117,000-square-foot facility of the e-commerce and...
Massachusetts’ $4 Billion Economic Development Bill Signed into Law
Strengthening Massachusetts' economic growth, Governor Maura Healey has signed the Mass Leads Act into law, a $4 billion economic development bill that commits financial support to emerging industries like climatetech, life sciences, and artificial intelligence. Among...
Stellar Snacks Opens $137 Million Facility, Creating 350 Jobs in West Louisville, KY
Stellar Snacks, a pretzel manufacturer, officially opened a $137 million industrial bakery in the Park Hill neighborhood of west Louisville, Kentucky, marking the largest economic development project in the area’s history. Fifty-three employees have already been...
Mississippi Secures $110 Million for Economic Development Initiatives
Mississippi is on its path to economic growth as Governor Tate Reeves recently announced $110 million in grant funding to support economic development, infrastructure, workforce, conservation, and tourism initiatives, with $97 million earmarked for strengthening the...
Northfield, MN Approves TIF District for $20.7M Archer House Replacement
Northfield’s City Council has approved a Tax Increment Financing (TIF) district to help close a funding gap for the $20.7 million Archer House replacement project in Minnesota, which is a mixed-use development featuring 23 apartments, 19 extended stay units, and a...
$15 Million TIF Funding Approved for Redevelopment in Chicago
As part of Chicago's efforts to address homelessness, the Community Development Commission has greenlit the use of up to $15 million in TIF funds from the Western/Ogden TIF district to convert an abandoned industrial building in Little Village into a 120-bed shelter...
Proposed Legislation Could Slash Louisiana’s Historic Tax Credit Program
Louisiana's tax code could see significant changes in the coming weeks, including a reduction in the historic tax credit, which has been instrumental in funding property restorations and community revitalization. Governor Jeff...
Indiana Announces 2025 LIHTC Recipients for Affordable Housing Projects
Developments across the state of Indiana will receive additional financing as the 2025 recipients of the Housing Tax Credit (LIHTC) program and Multifamily Bonds with the Indiana Affordable and Workforce Housing Tax Credit (AWHTC) have been recently announced by the...
JLL Arranges $45 Million Loan for Student Housing Acquisition in Berkeley, CA
JLL Capital Markets arranged a $45 million financing deal for Hawkins Way Capital’s acquisition of Garden Village, a 77-unit student housing community in Berkeley, California, with the financing deal consisting of an initial $36 million loan and an additional $9...
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