Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
Trump’s HUD Cuts Could Deepen San Francisco’s Housing Crisis
President Trump’s proposed budget includes $33.5 billion in cuts to the Department of Housing and Urban Development, threatening critical support for San Francisco’s low-income residents. The city currently relies on $644 million in HUD grants, half of which fund...
Texas Faces Critical Flood Insurance Gap, Report Warns
A new report from the Neptune Research Group reveals that only 7% of Texas homes have flood insurance, despite millions facing increased flood risk over the next 30 years. In some major inland metros, coverage drops below 1%, while just 28% of residential buildings in...
Colorado Set to Pass Landmark Wildfire Insurance Reform
Colorado is poised to enact the nation's first law requiring insurers to factor wildfire risk mitigation into pricing and coverage decisions. The bill also mandates that insurers disclose wildfire risk scores and explain how they’re calculated, giving homeowners a...
New York Lawmakers Propose Insurance Rule Changes in New Legislation
New York lawmakers are considering significant changes to state insurance regulations through Assembly Bill 8536, which outlines new claims handling timelines, adjuster oversight, and stricter documentation processes. Key provisions include expanding the “period of...
State Farm Requests 11% More Following Approved 17% Homeowners’ Insurance Increase
State Farm is seeking an additional 11 percent rate hike for California homeowners, following a recent approval of a temporary 17 percent increase. The company cites an unstable financial position caused by growing costs and rising catastrophe exposure as the reason...
$800 Million Upgrade to Arthur Ashe Stadium in New York
Arthur Ashe Stadium in New York is undergoing an $800 million renovation, the largest investment in U.S. Open history, fully funded by the United States Tennis Association. The project will expand and modernize the stadium, wherein upgrades include a 40% expansion of...
Port of Brunswick Secures $35.3M for Long-Overdue Dredging
House Representatives Mike Collins and Buddy Carter announced $35.3 million in funding from the U.S. Army Corps of Engineers to support maintenance at the Port of Brunswick, a vital hub for Georgia’s economy. The funding aims to address longstanding dredging delays...
Milwaukee Airport Breaks Ground on $80 Million Air Cargo Facility
Milwaukee Mitchell International Airport has begun construction on an $80 million air cargo facility to enhance freight movement throughout Wisconsin and the Midwest region. Led by Texas-based Crow Holdings, the MKE Airport South Project will feature a...
Miami-Dade Approves $600 Million Airport Terminal Expansion
As part of Miami International Airport’s $9 billion “Future-Ready Modernization in Action” plan, Miami-Dade County has approved a $600.6 million expansion that will include the construction of Concourse K. The project will add six new contact gates, a new aircraft...
Milwaukee’s $2.85M TIF Plan to Build 59 Affordable Homes
A new Tax Increment Financing (TIF) district in Milwaukee’s Harambee neighborhood will provide $2.85 million plus 2.5% interest to support the creation of 59 affordable homes, including 51 homes by Habitat for Humanity and 8 homes for early-childhood educators...
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