Civic Development News and Data

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

Top 5 RFPs in Economic Development: November 2025

Top 5 Economic Development RFPs of November 2025 Powered by the CivMetrics Economic Development RFP Library 5. Atlanta Regional Commission (ARC) Seeks Consultant for Transportation Planning Issuing Agency: Atlanta Regional Commission RFP Description: The...

Pfizer Agrees to MFN Drug Prices, $70B in U.S. R&D and Production

Pfizer has struck a deal with the Trump administration to provide all of its prescription drugs to Medicaid patients at “most favored nation” prices, and to pledge $70 billion in new U.S. production and R&D investments. The company also plans to offer...

D.C. Council Approves $3.7B Commanders Stadium and Development Deal

The D.C. Council approved a $3.7 billion deal to bring the Washington Commanders back to the RFK Stadium site, clearing the way for a new 65,000-seat football stadium and mixed-use development along the Anacostia River. The project includes $1 billion in taxpayer...

California Greenlights $20 Billion Funding for High-Speed Rail Project

California lawmakers have approved a plan to provide up to $20 billion in new funding for the state’s high-speed rail project, after President Trump pulled funding from the effort. The money, drawn largely from Cap-and-Trade revenues, will help complete the initial...

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...

Edgecombe County, NC Unveils Plan For $1.4 Billion Battery Facility Plant

Aug 19, 2024 | Economic Development

Edgecombe County, NC is gearing up for an economic boost with the announcement that Natron Energy, an industrial battery manufacturer, has proposed the development of a $1.4 billion plant on a 400-acre site in Rocky Mount. This project is estimated to create 1,062...

Economic Development Deal State Rankings: North Carolina, Michigan Leading the Way in 2024

Aug 19, 2024 | Economic Development

There have been over 1,400 economic development deals in 2024, according to data from the CivMetrics Economic Development Deals Database. Which states are leading the way, and which are lagging behind? Michigan has seen the most deals (190), closely followed by...

$500 Million Allocated Towards NYC’s Affordable Housing Plans

Aug 12, 2024 | Affordable Housing

New York is taking another step in tackling the housing crisis as Gov. Kathy Hochul, along with Mayor Eric Adams and New York City Comptroller Brad Lander, recently announced a $500 million investment in the preservation and construction of affordable housing across...

$45.4 Million in Financing from KeyBank Boosts Affordable Housing in Oak Harbor, WA

Aug 12, 2024 | Affordable Housing

Shelter Resources, Inc., a Washington-based affordable housing developer, has secured $45.4 million in financing from KeyBank Community Development Lending and Investment for its Camas Flats project in Oak Harbor. This development will offer 81 affordable housing...

Four Wisconsin Tribes Receive $20 Million Grant for Affordable Housing

Aug 12, 2024 | Affordable Housing

The U.S. Department of Housing and Urban Development (HUD) has recently announced the four Wisconsin tribes that will receive a portion of the $20 million in federal funding to support affordable housing development in their communities. This financial boost comes...

New Colorado Law Gives Local Governments Right of First Refusal For Affordable Housing Properties

Aug 12, 2024 | Affordable Housing, Legal - Specialty Housing

A new Colorado law aimed at preserving the affordability of housing went into effect on August 7, 2024. HB24-1175 grants local governments the right of first refusal to purchase existing subsidized housing properties. With the new law, local governments will be given...

PACS Group Secures $260 Million Loan for Senior Housing Portfolio Acquisition

Aug 12, 2024 | Senior Housing

PACS Group, Inc.'s subsidiary has secured a $260 million loan to acquire a diverse portfolio of 16 senior housing and 22 skilled nursing facilities, totaling 2,713 beds across various states. The financing package includes a first-priority lien with an 8.5% yield and...

Graymont School in Alabama To Be Converted Into Senior Housing; Funded by American Rescue Plan

Aug 12, 2024 | Senior Housing

Birmingham City Council has approved an ordinance to convert Graymont School into affordable senior housing, with construction set to begin in late October. The project will create 101 units and will also be funded by a $3.5 million allocation from the city's...

Ziegler Secures $6 Million Financing for Senior Living Community in Pennsylvania

Aug 12, 2024 | Senior Housing

In a press release, Ziegler, as financial advisor, announced that it has successfully facilitated a $6,375,000 financing deal for Comprehensive Care Capital for the acquisition of a 114-unit assisted living and memory care community in East Norriton, PA, now renamed...

San Antonio Senior Housing Project Faces Uncertain Future After Developer Withdraws Zoning Request

Aug 12, 2024 | Senior Housing

Mission Road Apartments, an intended affordable senior housing project in South Side San Antonio, has stalled after Rise Residential, the Dallas-based property developer, failed to secure necessary competitive tax credits and withdrew its zoning change request. Rise...

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Civic Development News and Data

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

Top 5 RFPs in Economic Development: November 2025

Pfizer Agrees to MFN Drug Prices, $70B in U.S. R&D and Production

D.C. Council Approves $3.7B Commanders Stadium and Development Deal

California Greenlights $20 Billion Funding for High-Speed Rail Project

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

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

Hyundai Raises U.S. Investment to $26 Billion

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

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

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

Edgecombe County, NC Unveils Plan For $1.4 Billion Battery Facility Plant

Economic Development Deal State Rankings: North Carolina, Michigan Leading the Way in 2024

$500 Million Allocated Towards NYC’s Affordable Housing Plans

$45.4 Million in Financing from KeyBank Boosts Affordable Housing in Oak Harbor, WA

Four Wisconsin Tribes Receive $20 Million Grant for Affordable Housing

New Colorado Law Gives Local Governments Right of First Refusal For Affordable Housing Properties

PACS Group Secures $260 Million Loan for Senior Housing Portfolio Acquisition

Graymont School in Alabama To Be Converted Into Senior Housing; Funded by American Rescue Plan

Ziegler Secures $6 Million Financing for Senior Living Community in Pennsylvania

San Antonio Senior Housing Project Faces Uncertain Future After Developer Withdraws Zoning Request

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