Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
New York State Awards $104 Million to 16 Affordable Housing Developments
As part of NY Governor Hochul's $25 billion, 5-year statewide housing plan, $104 million has been awarded to 16 developments throughout New York for the creation and preservation of 864 affordable houses. These awards are being provided through New York State Homes...
New California Budget Directs $2 Billion to Affordable Student Housing
California Governor Newsom signed a $308 billion budget this week which will direct $2 billion to affordable student housing, building on last year's $2 billion grant. More details on housing-related items, CA.gov reported: Additional details include:$1.95 Billion for...
Work to Upgrade America’s Bridges Will Result in Thousands of Bid Opportunities
Millions of motorists cross bridges daily, and every driver assumes that these bridges are safe. That safety, however, comes at an extremely high price – high enough to have prohibited hundreds of bridge maintenance projects over the past decade. With new funding,...
Measuring the Economic Impact of Highway Investment in Dallas
Researchers from UT Arlington set out to quantify the economic impact of five major highway infrastructure projects in the Dallas-Fort Worth area; in a recent paper, the researchers say the methodology can be used by transportation planners to prioritize projects....
Roads, Bridges and Wildfire Risk: Measuring Vulnerability and Mitigating Infrastructure Failure
As the frequency and severity of wildfires in the U.S. grows, researchers are scrambling to measure and identify risk to infrastructure. It's not just wildfires that can damage transportation infrastructure; it's the flooding that comes afterward. More from a recent...
Transportation Credit Ratings Roundup: June 2022
Fitch Ratings recenty updated the ratings of several transportation authorities in Florida, California, Virginia, and New York. Florida Department of Transportation' Skyway Bridge was given a 'A+' rating on its series 2019A senior revenue bonds. In assigning said...
Diving Into Colorado’s New P3 Law
Following the passage of Colorado's expanded public-private partnership law, the state's public entities may now enter into P3 agreements. JDSupra explained the difference that the Colorado's expanded P3 law will bring: Under the P3 project delivery method, a public...
America Is Bordering On a Water Infrastructure Crisis
There is no disagreement — water is a precious asset. Without water, there is no path to survival or sustainability on the planet. Cities, counties, states, industry, trees, plants, crops, animals, and individuals cannot survive without adequate water resources. In...
San Francisco Narrowly Rejects $400 Million Infrastructure Bond
San Francisco voters narrowly rejected a $400 million transit infrastructure bond last week. Two-thirds voter approval was needed for the measure, called Proposition A, to be passed. However it only garnered a 65.1% vote share as of Monday, June 20. San Francisco...
Modernizing America’s Ports Will Require All Types of Expertise
Port operations throughout the world were damaged when the pandemic occurred. The effects of COVID were significant and the problems have lingered. Supply chain disruptions, port congestion, cruise ship restrictions, budgets stretched to the limit, and limited...
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