Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
Court Rejects Southwest’s Bid for San Antonio International Airport’s New Terminal C
Southwest Airlines lost its lawsuit challenging San Antonio’s decision to exclude it from the airport’s planned $1.4 billion San Antonio International Airport's Terminal C. A federal judge dismissed the case, siding with the city’s plan to place carriers like Delta...
Nonresidential Construction Planning Surges in August
Nonresidential construction planning surged in August, as the Dodge Momentum Index shows a 7.5% jump in August, signaling a stronger nonresidential construction activity could arrive by late 2026. Commercial planning rose 8.7% while institutional projects like...
Bloomington, Illinois Approves TIF Deal for $4.25M Historic Downtown Restoration
Bloomington’s City Council has approved a deal allowing FMB Holdings Inc. to restore two long-vacant historic buildings downtown with the help of tax increment financing. The $4.25 million project will bring new commercial space and four to six apartments to the 200...
$100M LIHTC Fund to Deliver 434 Affordable Units
Berkadia has closed a $100 million Low-Income Housing Tax Credit fund to support affordable housing across five states. The Berkadia Housing Partnership XV 2025 will finance four new construction and two rehabilitation projects, creating or preserving 434 units for...
Community Pushback in Rapid City, South Dakota Puts Libertyland TIF to the Test
A petition drive is underway in Rapid City to let voters decide whether to approve tax breaks for the proposed $125 million Libertyland USA theme park. The move comes after the City Council reapproved the Libertyland and Catalyst District Tax Increment Financing...
Federal Law Eases Path to 4% LIHTC for Developers
A new federal law slashing the 50% Private Activity Bonds financing requirement for 4% Low-Income Housing Tax Credits to 25% could unlock thousands of affordable housing units in California. The move could free up billions in bond cap and double the number of projects...
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...
Fed’s Beige Book Shows Mixed U.S. Economic Signals Ahead of Expected Rate Cut
U.S. economic activity and employment remained mostly unchanged in recent weeks, while prices rose moderately, according to the Federal Reserve’s latest Beige Book report. Businesses cited uncertainty from tariffs, high interest rates, and restrictive policies as...
U.S. Job Growth Falters in August, Adding Just 22,000 Jobs
Job growth in the U.S. slowed sharply in August, with nonfarm payrolls rising just 22,000 and the unemployment rate ticking up to 4.3%. The slowdown, combined with downward revisions to June and July, signals weakening labor market momentum. While hiring slowed,...
Kroger Cuts Nearly 1,000 Corporate Jobs Amid Restructuring
Kroger is cutting nearly 1,000 corporate jobs nationwide, its third round of layoffs this year, following the collapse of its $25 billion Albertsons merger. The cuts, which affect headquarters and Technology & Digital arm roles, are part of a restructuring plan...
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