Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
$208 Million LIHTC Fund to Revitalize Affordable Housing Across 11 States
PNC Multifamily Capital closed its LIHTC Fund 98 with over $208 million in investor commitments to support the development and rehabilitation of more than 2,000 affordable housing units across 11 states. Backed by PNC and seven other financial and insurance...
Wisconsin Senate Approves TIF Exemption for Port Washington Data Center
Wisconsin lawmakers approved a TIF exemption for a new data center in Port Washington, bypassing the state’s 12% property cap for TIF districts. The move allows tax revenues from the development to be reinvested on the property rather than going to the local tax base....
New Senate Reconciliation Bill Makes LIHTC and NMTC Permanent, Omits HTC
The Senate Finance Committee unveiled its version of the One Big Beautiful Bill Act, making key changes to housing and community development incentives. The bill permanently calls for a 12% increase in the Low-Income Housing Tax Credit (LIHTC) and permanently lowers...
‘Big Beautiful Bill’ Could Bring Harsh Fallout for New York
New analyses show New York could lose billions in federal support under Trump’s proposed budget and House Republicans’ “Big Beautiful Bill,” including $13.5 billion annually from Medicaid, $2.1 billion from food aid, and $4.4 billion from housing assistance. The cuts...
Statewide Exports Down 6% as Tariff Instability Hits Minnesota Hard
Minnesota exports fell 6% in the first quarter, hit hard by President Trump’s shifting tariff policies and rising trade tensions. While national exports grew 3%, Minnesota lagged behind as key partners like Canada and China responded with retaliatory tariffs. State...
Twelve Michigan Tribes Appeal Loss of $23 Million Federal Funds Tied to Anti-DEI Shift
Twelve federally recognized tribes in Michigan are appealing the Trump administration’s cancellation of $23 million in EPA grants, which they say are vital to tribal health, energy efficiency, and environmental restoration. The funding, including $20 million to...
Trump Bill Could Strip Medicaid Coverage from 13,000 Kansans, Report Finds
Kansas could lose $3.77 billion in Medicaid funding over the next decade under Trump’s proposed “One Big Beautiful Bill,” potentially stripping health insurance from 13,000 residents and threatening the survival of rural hospitals. A new analysis by Manatt Health,...
Illinois Toy Company Battles Trump Tariffs, Seeks Urgent Supreme Court Ruling
Illinois-based toy company Learning Resources has petitioned for the U.S. Supreme Court to fast-track a challenge to Trump-era tariffs, arguing they were imposed illegally without congressional approval. The company warns that delays could worsen economic uncertainty...
Tariffs Blamed as Port of Los Angeles Sees 19% Drop in Imports
Import volumes at the Port of Los Angeles dropped 19% in May, as U.S. businesses grapple with soaring tariffs under the Trump administration’s trade policies. Port officials warn that the slowdown, driven by uncertainty and tariff rates as high as 145% on Chinese...
Maryland Democrats Criticize Trump’s Proposal That Would Lead to Deep Housing Cuts
Proposed cuts in the Trump administration’s 2026 budget trigger strong backlash from Democratic lawmakers and housing advocates, as they threaten to strip thousands of Maryland families of housing assistance. Baltimore leaders warn the reductions, including a 43% cut...
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