The following are articles and reports on the web that the Community and Economic Development Program at the UNC School of Government shared through social media over the past month. Follow us on twitter or facebook to receive regular updates.
Items of interest related to CED in North Carolina:
NC Dept of Commerce released 2023 county distress tier rankings. Less distressed: Avery, Caldwell, Cleveland, Pasquotank, Swain. More distressed: Onslow, Pitt, Randolph, Surry, and Transylvania. bit.ly/3utChgj
WSJ: Average quality office buildings have lost about 1/4 their value since beginning of pandemic, raising concerns about municipal budgets after tax reassessment. Mentions upcoming revaluation in Mecklenburg County NC. on.wsj.com/3FT1szz
Statewide, foreclosure proceedings have increased 60% from Nov 21 to Nov 22. Jacksonville NC metropolitan statistical area in top 10 of 222 metro areas nationwide with highest % of homes in foreclosure. bit.ly/3C2iybI
DFI in the news:
UNC DFI helps Buncombe County consider whether their downtown assets might be repurposed for affordable housing: bit.ly/3ugHBDC
Watauga County engages UNC DFI for affordable housing pre-development assistance on County-owned land: bit.ly/3VEiarP
Other CED Items:
Last month’s edition of “What @sog_ced is reading….” November 2022