Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
LA Ports Struggle with Traffic Decline and Blank Sailings Due to Tariffs
The busiest seaport complex in the western hemisphere, comprising of Port of Los Angeles and Port of Long Beach, is experiencing a slowdown due to new tariffs imposed by the Trump administration. With a third of port traffic halted and work shifts reduced, thousands...
NY’s North Country Airports at Risk Under Trump’s Proposed Budget Cuts
U.S. Sen. Chuck Schumer is warning that President Trump’s proposed $300 million cut to the Essential Air Service program would “decimate” all five North Country airports in New York. The program ensures rural communities like Watertown, Ogdensburg, and Plattsburgh...
Gov. Gordon Eyes Opportunity for Wyoming Amid Trump Tariffs, Economist Issues Warnings
Gov. Mark Gordon sees President Trump's tariff policies as an opportunity for Wyoming to capitalize on the changes and the goal of the Trump Administration to strengthen domestic manufacturing and reduce trade imbalances. However, economists warn that the tariffs...
Reno, Nevada Approves TIF Deal for $786 Million GSR Arena Project
The Reno redevelopment agency has approved a tax-increment financing (TIF) contract for the Grand Sierra Resort’s (GSR) $786 million phase one arena project. While the project has a projected $145.8 million funding gap, the TIF plan will cover approximately $68...
TIF Proposal to Fund $2.8 Billion Viva White Oak Development in Montgomery County, Maryland
Montgomery County, Maryland, has proposed its first-ever Tax Increment Financing (TIF) plan to support Viva White Oak by MCB Real Estate, a $2.8 billion mixed-use development in East County that promises 17,000 construction jobs, 9,000 permanent jobs, an estimated $62...
$14.8 Million in LIHTC Allocations to Fund 550 Affordable Units in Connecticut
The Connecticut Housing Finance Authority (CHFA) has allocated $14.8 million in federal LIHTCs to support 10 housing developments across Connecticut, which are expected to generate roughly $135 million in equity from private investments. The funding will support the...
Merchants Capital Secures $56.5M Financing with LIHTC Equity for Rhode Island Affordable Housing
Merchants Capital has arranged $56.5 million in debt and equity financing, which includes $23.8 million in Fannie Mae Immediate Tax-Exempt Bond Collateral (MTEB) permanent financing, $18.7 million in 4% low-income housing tax credit (LIHTC) equity, and a $14 million...
Trump Tariffs Stall Clean Energy Growth, Kill Thousands of Jobs
Recent tariff policies and the war on clean energy by President Trump have reversed two years of clean energy growth, threatening or canceling 95 projects worth $71.24 billion and over 62,554 jobs, according to new data from Climate Power. Once a booming sector, clean...
Hotpack Expands to North America with $100 Million NJ Manufacturing Hub
Hotpack, a sustainable food packaging manufacturer, is investing $100 million to establish its first North American manufacturing and distribution facility in Edison, New Jersey, creating up to 200 jobs. Slated to open in June 2025, the 70,000-square-foot facility...
New $10 Million Elopak Factory Brings 100 Jobs to Arkansas
Elopak has opened its first North American facility, a $100 million all-electric carton plant at the Port of Little Rock, creating about 100 jobs and supporting the company’s plan to double revenue by 2030. The factory will produce low-carbon cartons. Northwest...
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.
