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Strategies for Creating Mixed-Income Neighborhoods

August 6, 2019

Durham County hired the Development Finance Initiative (DFI) in 2017 to help redevelop two county-owned parcels in downtown. Though currently serving as surface parking for county employees, the two sites are located adjacent to recent high-end residential development, government and institutional s … Continued

DFI Case Study: Attracting Private Investment for the Redevelopment of a Downtown Parking Deck

August 20, 2015

The City of Wilmington, North Carolina, hired the Development Finance Initiative (DFI) in 2013 to conduct a pre-development process for the Water Street Parking Deck. The parking deck is an aging public parking facility prominently located in the city’s historic downtown on the Cape Fear riverfront. … Continued

Development Finance Initiative (DFI) helps revitalize NC towns – University Gazette

September 18, 2014

This article was originally published in the University Gazette on September 9, 2014, as “Carolina program helps revitalize NC towns.” It is republished here with permission. They call them “wicked problems,” the complicated, long-term, seemingly impossible, hard-to-wrap-your-head-around issues for … Continued

Development Finance Initiative (DFI) featured in Coates Connection

November 12, 2013

The following article appeared in the Fall 2013 issue of Coates Connection: Development Finance Initiative Helps Communities Secure Funding for Economic Development Projects At first glance, Michael Lemanski may not seem like the adventure-seeking, daredevil type. However, when it comes to exploring … Continued

Local government assistance for a real estate development project—without making a grant

September 18, 2012

Al Czervik is a real estate developer who has invested in several shopping malls and mixed-use developments across the Tar Heel state. He is planning a mixed use development called “Gopher Commons” in your community, but “in order to make the numbers work,” he claims that he needs local government a … Continued