Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
City of Cleveland Challenges Stadium Plans Near Airport
The City of Cleveland has filed a lawsuit against the Ohio Department of Transportation’s Office of Aviation for granting a permit to build a new $2.4 billion stadium next to Cleveland Hopkins International Airport. The city’s appeal challenges ODOT’s decision to...
$35.1M in Tax Credits Fund Ohio YMCA’s Conversion to Affordable Housing
Merchants Capital has secured $35.1 million in tax credit equity financing to transform a vacant YMCA building in Columbus into affordable housing known as Lofts at 40 Long. The project, developed by Woda Cooper Cos. Inc. and IMPACT Community Action, combines $18.5...
$66.5 Million in LIHTCs Awarded to Support Affordable Housing Construction Across Pennsylvania
The Pennsylvania Housing Finance Agency (PHFA) has awarded $66.5 million in low-income housing tax credits to support 41 new developments totaling 1,946 rental units across the state. The funding will create affordable multifamily homes for working families, seniors,...
New Jersey Launches State Tax Credit Subsidy Program to Boost Affordable and Workforce Housing
The New Jersey Housing and Mortgage Finance Agency (NJHMFA) has launched the State Tax Credit Subsidy (STCS) Program to attract private investment and expand workforce and affordable housing across the state. Half of the STCS Program Fund will go toward workforce...
Legal Clash Brews Between Chelan Douglas Port and County Over $103.6M TIF Plan
The Chelan Douglas Regional Port Authority plans to sue Chelan County over its six-month moratorium blocking a proposed Tax Increment Financing District (TIF) in Malaga. The Port questions the County's authority authority by halting the TIF, which would include 3,326...
Trump Team Axes Nearly $8B in Energy Funding in Blue States
The Trump administration is canceling more than $1.1 billion in energy project grants in Washington state, part of $7.6 billion cut from 223 projects nationwide. All 16 affected states voted for Kamala Harris in the last presidential election, prompting Democrats to...
Michigan Employers Announce 500+ Layoffs Last Month
Michigan employers announced more than 500 layoffs in September, according to WARN notices filed with the state. The cuts include 133 at Zeeland-based Howard Miller, 37 at Natron Energy in Holland, 83 at PepsiCo’s Detroit facility, 79 at SalonCentric in Kentwood, 71...
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...
Rowan Digital Infrastructure to Build $700M Data Center in Temple, TX
Rowan Digital Infrastructure plans to invest $700 million in a new data center campus on 700 acres in Temple, Texas, adding to its existing local facility. The project is expected to create about 30 high-paying permanent jobs, hundreds of construction jobs, and...
Voice of America Journalists Win Court Battle Against Mass Layoffs
A federal judge halted more than 500 planned layoffs at Voice of America, blocking U.S. Agency for Global Media order just hours before it was set to take effect. Judge Royce Lamberth said the government failed to comply with earlier court rulings tied to a lawsuit by...
Explore Our Metro Data Libraries
Explore our premium metro data libraries, including deals, contracts, financing documents, RFP libraries and our Who’s Who directories of top professionals. All for free.
Listen to Our Civic Development Podcast!
Dive into civic development with expert commentary on all areas of civic finance: infrastructure, affordable housing, economic development and more.
Newsletter
Sign up below to get weekly alerts for newly added datasets, news and more.
