Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
 
														Wisconsin Secures $377 Million for 76 Projects Across Urban Areas
Gov. Tony Evers and the Wisconsin Department of Transportation announced a groundbreaking $177 million boost from the Bipartisan Infrastructure Law which will be distributed towards 76 major projects across Wisconsin’s urban areas. This new funding, administered...
 
														Georgia Awards $6 Billion Funding for Georgia 400 and I-285/I-20 Projects
The State Transportation Board has approved nearly $6 billion in bids for two major metro Atlanta projects: adding toll lanes to Georgia 400 and overhauling the I-285/I-20 West interchange. SR400 Peach Partners won the $4.6 billion Georgia 400 project, while Legacy...
 
														Michigan Approves $252.3 Million for Grand Rapids Soccer Stadium Development
The Michigan Strategic Fund Board recently approved a $252.3 million incentive package that will go toward the development of the new Acrisure Amphitheater, a proposed soccer stadium, and related Grand Rapids projects, including a riverwalk, residential units, and a...
 
														SR 400 Peach Partners Chosen for $4.6 Billion Express Lane P3 Project in Atlanta
SR 400 Peach Partners has been chosen by the Georgia Dept. of Transportation (GDOT) and the State Road and Tollway Authority (SRTA) to design, construct, and manage 16 miles of express lanes in Atlanta, with a total project cost of $4.6 billion. Leveraging a...
 
														El Paso Airport Receives $10.6 Million Grant for Upgrades
El Paso International Airport (ELP) is receiving a significant boost with a $10.6 million grant made through the Bipartisan Infrastructure Law Airport Infrastructure Grants. As part of the Biden-Harris Administration's $427 million airport infrastructure initiative,...
90+ RFPs Added to CivMetrics Infrastructure RFP Library
There are over 90 open RFPs in the US infrastructure space, according to new data from the CivMetrics Infrastructure RFP Library. This includes RFPs issued by airports, sea ports, stadium authorities and other US infrastructure entities. Click here to view the RFP...
The 10 Largest TIFs of 2024 So Far
There have been over 30 TIF deals in 2024, according to data from the CivMetrics TIF Deals Database. Here are the 10 largest TIFs that have been approved in 2024: Note: Analysis only includes deals captured by CivMetrics TIF Deals Database. To browse our full database...
 
														Cooper Steel Secures $40.7M NMTC Financing from Four Lenders for Shelbyville, TN Expansion
Cooper Steel has secured $40.7 million in New Markets Tax Credit financing to fund its massive steel fabrication expansion in Shelbyville, TN, which is expected to create 122 new jobs. The NMTC funding will be provided by four lenders: The Innovate Fund with $13...
 
														$300 Million LIHTC Collateral Pilot Program Launched by FHLBank Chicago
The Federal Home Loan Bank of Chicago provides its support in the development of affordable housing as it recently launched Low-Income Housing Tax Credit (LIHTC) Collateral Pilot Program. Under the LIHTC program, while eligible members can access up to $300 million in...
 
														Broadway Corridor Project Secures $4.5 Million TIF Boost from Portland Housing Bureau
A 14-story mixed-use project in the Broadway Corridor will receive a financial boost after the Portland Housing Bureau approved $4.5 million in River District Tax Increment Financing and $37.5 million in Metro Affordable Housing Bond dollars for its development....
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