Procida fund finances urban renewal development
New Jersey based commercial real estate lender, Procida Funding, provided a $9,200,000 pre-development/early stage construction loan to Middlesex Re.....»»
San Antonio receives $1.8M federal rental assistance funds
San Antonio will receive $1.8 million from Housing and Urban Development to fund its housing rental assistance program. The $1,849,080 is out of the total $2.8 million HUD will allocate to 14 other Texas cities, and also makes the Alamo City fund.....»»
Procida funds $39M construction loan
Procida Funding provided a $39 million construction loan, on behalf of the 100 Mile Fund, to Forte Real Estate Development for its The View at Middlesex apartment de.....»»
Advocates look to tax credit to incentivize development as whole blocks are razed
Urban and preservation experts are look to a renewal of the state historic tax incentive as a means to further Birmingham's revitalization......»»
City pushing ahead with Bʼway Triangle
The city is pushing forward to develop the land it owns in Brooklyn’s Broadway Triangle Urban Renewal Zone. Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer released a Request for Proposa.....»»
Austin developer files for bankruptcy on 155-acre New Braunfels housing development
The Austin developer said it will use this process to restructure its finances to keep construction going. At the end of this report, check out a list of the fastest-growing neighborhoods in the Austin metro......»»
This City Has the Most Homeless People in America
Over 653,000 people nationwide were unhoused in 2023, according to point-in-time estimates from the Department of Housing and Urban Development. And more than half of them, or over 57%, experienced homelessness in just 50 cities nationwide. To find the 50.....»»
NFI Industries develops 350,000 SF spec in east Greensboro
Urban Loop continues to spur development......»»
Passage Bio co-founders launch new company with $200M to fund gene therapies coming out of Penn
The company's founders are the director of Penn's gene therapy program and the former head of research and development at GlaxoSmithKline......»»
Starlink could help fund Elon Musk"s Mars development plans, according to SpaceX"s president
Gwynne Shotwell said funding development on the Red Planet meant going into markets bigger "than the one you're in." SpaceX rocket takes off. Spac.....»»
Condo developer discounts Seattle tower units to lure buyers after Covid hit sales
Laconia Development, which has sold a third of Spire's 343 units, is looking for a boost after the pandemic depressed urban condo sales for much of 2020......»»
DuPont to invest $20M in Black Economic Development Fund
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Opportunity Alabama launches $13M OZ fund to spur local impact development
Opportunity Alabama is getting in the middle of the action with the Opportunity Zone program by launching its own fund......»»
Al Neyer raises $110 million fund for development
Al Neyer has closed its first real estate investment fund, raising $110 million......»»
: Biden administration to reinstate fair-housing policies dismantled under Trump — including one aimed at combatting residential segregation
The Department of Housing and Urban Development has submitted drafts of two fair-housing rules for review......»»
Dayton-Montgomery County Port Authority announces $5M increase in bond fund reserves
The increase in bond fund reserves, along with other investments, supports the port authority's ability to drive regional economic development through new projects and jobs......»»
Exclusive: UFO CEO Andrew Chanin On Being A Pure-Play Space ETF Vs. The New Ark Fund
Space stocks have been in the news throughout 2021, including Ark Funds' ARK Space Exploration & Innovation ETF (BATS: ARKX) and the continued development of the space industry. read more.....»»
New president, executive vice president named for Buffalo Urban Development Corp.
Merriweather, Gandour replace Cammarata, Stebbins......»»
First tenants moving into 300,000-SF East End Maker Hub
TXRX Labs and Urban Partnerships Community Development Corp. are collaborating to develop the East End Maker Hub......»»
Cincinnati Development Fund names president
Cincinnati Development Fund Inc. has promoted one of its long-time executives to president......»»
Marcia Fudge confirmed as first Black woman to lead HUD in more than 40 years
Fudge, the first Black woman in more than 40 years to lead the Department of Housing and Urban Development, has pledged to address systemic racial inequities in housing......»»