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:
Harvard Joint Center for Housing Studies: large numbers of low-cost rental units ($600 monthly or less) are disappearing in every state and being replaced with higher-rent units. North Carolina mentioned as a standout with over 200,000 units lost in a decade amid big gains in higher-rent units. https://bit.ly/3JNIVWZ
Axios: the rate of single family homes built for rental (not homeownership) in North Carolina is more than double the national average, and higher than any other state except Arizona. https://bit.ly/46WVbyi
US Treasury Department reports on data received through 3/31 from local governments for spending American Rescue Plan Act funds. North Carolina featured: Raleigh converted hotel to supportive housing and NC made investments in water and sewer infrastructure. https://bit.ly/3rDimxm
N&O explores history of NC economic development incentive announcements and state’s discretionary grant program JDIG. Most companies don’t fulfill their promises and don’t collect incentives. (tiered subscription): https://bit.ly/3KkmnNs
DFI in the news:
Check out this Carolina Story about UNC DFI’s work in downtown Kannapolis: https://stories.unc.edu/kannapolis-revitalized/
Last month’s edition of “What @sog_ced is reading….” June 2023