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How to Keep the Local Grocery Store Open: A Challenge for NC CED Professionals

July 18, 2023

Almost 15 years ago, a brief CED blog post highlighted several resources for supporting or attracting local grocery stores, especially ones in rural areas.  Much more recently, a CED post highlighted the various ways CED professionals interact with food systems overall. This post brings North Caroli … Read more

CED and Affordable Housing: How Does Manufactured Housing Fit In?

October 18, 2022

This headline from last week would naturally grab the attention of any CED professional: “Affordable mobile homes are disappearing in Asheville; code change could bring some back.” Housing is a basic issue for anyone interested in CED. Behind the headline are a host of issues that both foster hope i … Read more

Student Corner: Community Development Block Grants – Disaster Recovery Funds (Part 1)

March 17, 2020

Along the eastern seaboard, the intensity and frequency of severe weather caused by tropical storm systems and hurricanes is expected to increase. Most recently in North Carolina, Hurricanes Matthew and Florence caused severe damage to private property and public infrastructure. As similar storms ar … Read more

Student Corner: 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 … Read more

Student Corner: Kannapolis, NC: Strategic Vision, Financial Planning, Development

July 18, 2019

This blog post features a project undertaken by the UNC School of Government’s Development Finance Initiative. The Development Finance Initiative (DFI) was established in 2011 to assist North Carolina communities with achieving their community economic development goals. DFI partners with communitie … Read more

Student Corner: Opportunity Zones at a Local Level

September 6, 2018

The Opportunity Zone (OZ) program was rolled out this year, creating a new community economic development tool. Prior posts on the CED blog have covered this topic — an overview of OZs can be found here and a discussion of North Carolina’s selection of zones here. This post will discuss how OZs rel … Read more

Student Corner: Freddie Mac Pilots a Single-Family Rental Program

June 14, 2018

In January 2018, Government sponsored enterprise (GSE) Freddie Mac completed its first financing deal as a part of its new single-family rental pilot program, which launched in December 2017. The goal of the pilot program is to provide millions of dollars of financing for landlords and nonprofits to … Read more

Student Corner: Aligning Transit Agencies and Private Developers through Joint Development

May 25, 2018

As development activity continues to boom nationally and throughout North Carolina, developers continue to find creative ways to create value. One such example would be through working alongside transit agencies to drive private development projects and transit enhancements. The Federal Transit Admi … Read more

Student Corner: 2017 New Market Tax Credit Allocations in North Carolina

April 19, 2018

The U.S. Treasury Community Development Financial Institution (CDFI) Fund was created to help CDFIs promote economic revitalization throughout the United States. CDFIs are designed to expand access to capital in underserved communities and the CDFI Fund provides financial assistance and support to t … Read more

Student Corner: On Borrowed Ground: A Ground Lease Primer – Part 2

March 1, 2018

In Part 1 of this series, the CED blog explored some of the basics of entering into a ground lease. Part 2 will explore on of the more complex aspects of the ground lease structure – the ‘reappraisal’. Additionally, we will explore financing issues, as well as how property sales are reconciled with … Read more