Earlier this month, DFI examined how local governments in North Carolina have stepped in to make new affordable housing construction economically viable after a historic increase in construction costs and elevated interest rates. In 2023, local governments contributed nearly $30 million in soft loan … Read more

The challenges facing real estate development today are well-known. Construction costs remain 40% higher than pre-COVID levels and increased interest rates have slowed the pace of new projects. A June 2024 survey of the nation’s largest developers found that two-thirds of multifamily projects in the … Read more

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

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

Mobile homes are a vital but generally unloved part of North Carolina’s affordable housing stock. They come to public attention in times of extreme weather, particularly high winds and floods. Their condition and location make them especially vulnerable to damage, and often their occupants – the eld … Read more

What is WIFIA? WIFIA stands for the Water Infrastructure Finance and Innovation Act, the name of the federal act that authorized an interesting new federally managed water and wastewater infrastructure funding mechanism. WIFIA includes both direct loans and a new credit enhancement/guarantee mechani … Read more

In the Town of Carol-Blue, Donny, a local community developer, finds himself in a really tough position. Both the county and city budgets are constrained and the challenges the town face economically seem only to grow in size. After performing an analysis of senior housing demand, he realizes that t … Read more

Last month the CED blog published an overview of Federal and State Brownfields programs and how these programs can assist in remediating and revitalizing tough-to-develop sites that  are plagued by environmental contamination. This post will provide two case examples of how the US EPA and NC Brownfi … Read more

Previous posts to this blog looked at food deserts and development finance tools that can be used to address food deserts. This post provides an in-depth look at the story of a cooperative grocer in Greensboro that aims to eliminate its neighborhood’s food desert and spur economic development.. The … Read more

Earlier this month, a post on CED in NC provided an overview of the redevelopment of Victorian-era psychiatric facilities.  Many historic psychiatric institutions throughout the country have closed, leaving large, architecturally significant buildings on vast campuses behind. The redevelopment of th … Read more