Urban planning in the United States

Uniontown Community-Based Organization Receives Funding Through The Citi Foundation And LISC To Help Train Workers For Growing Job Sectors

Retrieved on: 
Tuesday, February 26, 2019
Finance, Money, Economy, Ethical investment, Local Initiatives Support Corporation, Urban planning in the United States, Citigroup

The new funding is part of a $10 million three-year national effort by the Citi Foundation and LISC to expand the reach of Bridges and spur economic opportunity for thousands of families across the country.

Key Points: 
  • The new funding is part of a $10 million three-year national effort by the Citi Foundation and LISC to expand the reach of Bridges and spur economic opportunity for thousands of families across the country.
  • The Citi Foundation's investment in Bridges builds on a decades-long relationship between the Foundation and LISC.
  • We invest in efforts that increase financial inclusion, catalyze job opportunities for youth, and reimagine approaches to building economically vibrant cities.
  • The Citi Foundation's "More than Philanthropy" approach leverages the enormous expertise of Citi and its people to fulfill our mission and drive thought leadership and innovation.

Twin Cities Community Organizations Receive Funding Through The Citi Foundation And LISC To Help Train Workers For Growing Job Sectors

Retrieved on: 
Tuesday, February 26, 2019
Finance, Economy, Ethical investment, Local Initiatives Support Corporation, Urban planning in the United States, Money, Citigroup, Minneapolis

The new funding is part of a $10 million three-year national effort by the Citi Foundation and LISC to expand the reach of Bridges and spur economic opportunity for thousands of families, including nearly 500 workers in the Twin Cities.

Key Points: 
  • The new funding is part of a $10 million three-year national effort by the Citi Foundation and LISC to expand the reach of Bridges and spur economic opportunity for thousands of families, including nearly 500 workers in the Twin Cities.
  • The granteesone each from Minneapolis and St. Paul--have long and successful track records of outreach in the communities they serve.
  • "We are excited that the Citi Foundation is supporting the critical work of building family financial stability in the Twin Cities," noted Amy McCulloch, deputy director of Twin Cities LISC.
  • The Citi Foundation's investment in Bridges builds on a decades-long relationship between the Foundation and LISC.

Atlanta Housing Awards More Than $50k To Support Efforts Of Organizations Serving Atlanta's Westside

Retrieved on: 
Monday, February 18, 2019
Urban planning in the United States, Atlanta, United States Department of Housing and Urban Development, Neighborhoods in Atlanta

The UCN Microgrant program was originally launched in 2012 using Atlanta Housing's Choice Neighborhoods Planning Grant, funded by the United States Department of Housing and Urban Development (HUD).

Key Points: 
  • The UCN Microgrant program was originally launched in 2012 using Atlanta Housing's Choice Neighborhoods Planning Grant, funded by the United States Department of Housing and Urban Development (HUD).
  • Boys & Girls Club of Metro Atlanta - Increase club memberships by recruiting from UCN-supported schools (40 youth) for Harland Boys & Girls Club.
  • The Housing Authority of the City of Atlanta, Georgia (AH) is the largest housing authority in Georgia and one of the largest in the nation.
  • Visit Atlanta Housing at http://www.atlantahousing.org or follow on Facebook, IG and Twitter at @housingatlanta.

S&P Reaffirms LISC 'AA' Credit Rating

Retrieved on: 
Monday, February 11, 2019
Economy, Financial services in the United States, Finance, Money, Ethical investment, Local Initiatives Support Corporation, Urban planning in the United States, Community development financial institution, Community development, Standard & Poor's

NEW YORK, Feb. 11, 2019 /PRNewswire/ --Standard & Poor's Global Ratings (S&P) has affirmed its 'AA' issuer credit rating for the Local Initiatives Support Corporation (LISC), the top publicly rated community development financial institution (CDFI) in the country.

Key Points: 
  • NEW YORK, Feb. 11, 2019 /PRNewswire/ --Standard & Poor's Global Ratings (S&P) has affirmed its 'AA' issuer credit rating for the Local Initiatives Support Corporation (LISC), the top publicly rated community development financial institution (CDFI) in the country.
  • That capital helps LISC make more than $1 billion in annual community investments through loans, grants and equity financing to support local partners and developers.
  • "This rating reaffirms LISC's ongoing capacity to support inclusive growth and broadly shared prosperity across the country," said Maurice A. Jones, LISC president and CEO.
  • With residents and partners, LISC forges resilient and inclusive communities of opportunity across America great places to live, work, visit, do business and raise families.

Closing $80+ MM in Healthcare Transactions Since December, Dwight Capital Continues Solid Growth in 2019

Retrieved on: 
Friday, February 8, 2019
Building Systems, Architecture, Professional services, Urban planning, Finance, Construction & Property, Commercial Building & Real Estate, Residential Building & Real Estate, Other Construction & Property, Mortgage, Real estate, Public housing in the United States, Land law, Property, United States Department of Housing and Urban Development, Urban planning in the United States, Refinancing, Commercial property

Dwight Capital finished 2018 strong and carried that momentum into 2019, having closed $80+ MM in healthcare transactions over the past couple of months.

Key Points: 
  • Dwight Capital finished 2018 strong and carried that momentum into 2019, having closed $80+ MM in healthcare transactions over the past couple of months.
  • Dwight Capital also arranged the refinancing for Landmark at Oceanview , a 90-bed Assisted Living Facility located in Beverly, MA.
  • Dwight Capital is a leader in commercial real estate finance and is one of the largest FHA/HUD lenders for multifamily and healthcare properties in the United States.
  • Dwight has excelled in the industry as a top-5 Multifamily HUD lender by both transactions and dollar amount over the past four years.

Atlanta Housing Shares Business Continuity Outlook

Retrieved on: 
Monday, January 28, 2019
Public housing in the United States, Social programs, Affordable housing, Housing, Economy of the United States, United States Department of Housing and Urban Development, Urban planning in the United States, Government, Public housing, Subsidized housing, Section 8

ATLANTA, Jan. 28, 2019 /PRNewswire/ --Atlanta Housing (AH) announced today that despite the recent partial government shutdown and temporary reopening through February 15, AH will continue providing housing assistance for the more than 24,000 Atlanta households that count on it for rent support.

Key Points: 
  • ATLANTA, Jan. 28, 2019 /PRNewswire/ --Atlanta Housing (AH) announced today that despite the recent partial government shutdown and temporary reopening through February 15, AH will continue providing housing assistance for the more than 24,000 Atlanta households that count on it for rent support.
  • On December 28, 2018, HUD allocated funds for January and February 2019 Housing Choice subsidies for Atlanta Housing's housing voucher program.
  • HUD also allocated public housing operating funds to AH for its senior housing and subsidized housing in mixed-income communities for January and February.
  • In addition to Atlanta Housing, housing subsidy is provided by other public housing agencies in the metro Atlanta area, including HUD.

Waldrop Engineering Hires Fred Drovdlic as Principal Planner

Retrieved on: 
Sunday, January 20, 2019
Urban planning in the United States, American Institute of Certified Planners, AICP, Planner, Bonita, Professional transportation planner

BONITA SPRINGS, Fla., Jan. 20, 2019 /PRNewswire-PRWeb/ --Waldrop Engineering, P.A.

Key Points: 
  • BONITA SPRINGS, Fla., Jan. 20, 2019 /PRNewswire-PRWeb/ --Waldrop Engineering, P.A.
  • is pleased to announce the addition of Fred Drovdlic, AICP, as Principal Planner/Senior Project Manager in their Bonita Springs office.
  • Fred brings experience in both the public and private sectors of Southwest Florida, as well as project management and team leadership.
  • Fred has a master's degree in urban and regional planning from the University of Pittsburgh and is a certified planner with the American Institute of Certified Planners (AICP).

LISC launches new Charlotte program office to expand affordable housing, economic opportunity

Retrieved on: 
Monday, January 14, 2019
Economy, Ethical investment, Local Initiatives Support Corporation, Urban planning in the United States

The Local Initiatives Support Corporation (LISC) is launching its 33rd program office in the Queen City and has named Ralphine Caldwell as the executive director.

Key Points: 
  • The Local Initiatives Support Corporation (LISC) is launching its 33rd program office in the Queen City and has named Ralphine Caldwell as the executive director.
  • The launch of LISC Charlotte follows extensive conversations with local nonprofits and civic leaders on strategies to reduce economic disparities and address a worsening shortage of affordable housing.
  • National LISC has committed $25 million to support the first few years of LISC's work in Charlotte.
  • Additionally, LISC will be managing an innovative Housing Opportunity Fund, supported by public and private dollars, to drive affordable and mixed-income housing development.

Churchill Stateside Group Closes $12.89 Million HUD 221(d)4 Insured Loan

Retrieved on: 
Wednesday, January 9, 2019
Loans, Public housing in the United States, United States Department of Housing and Urban Development, Urban planning in the United States, Mortgage loan, Economy

CSG through its subsidiary Churchill Mortgage Investment LLC (CMI), provided a $12,894,500 insured loan pursuant to the U.S. Department of Housing and Urban Development (HUD), Section 221(d)4, for construction of multifamily market rate properties.

Key Points: 
  • CSG through its subsidiary Churchill Mortgage Investment LLC (CMI), provided a $12,894,500 insured loan pursuant to the U.S. Department of Housing and Urban Development (HUD), Section 221(d)4, for construction of multifamily market rate properties.
  • CSG offers more than 25 years of construction lending and loan administration capabilities which exceed $1.5 billion in all 50 states.
  • Keith J. Gloeckl, CEO of CSG stated "Our goal is to deliver outstanding service along with competitive rates, terms and loan proceeds.
  • Churchill Stateside Group and its wholly owned affiliates (CSG) serve the affordable housing and renewable energy industries.

LISC taps innovative entrepreneur to spearhead Opportunity Zone strategies, investments

Retrieved on: 
Wednesday, December 5, 2018
Economy, Business, Entrepreneurship, Ethical investment, Local Initiatives Support Corporation, Urban planning in the United States

This week, the Local Initiatives Support Corporation (LISC) named George Ashton as its new managing director of strategic investments.

Key Points: 
  • This week, the Local Initiatives Support Corporation (LISC) named George Ashton as its new managing director of strategic investments.
  • Opportunity Zone s, enacted as part of the 2017 Tax Cut and Jobs Act, create a powerful new incentive for new capital to flow into communities.
  • He also founded a private investment group, HOPE Investments, to provide capital, management and strategic support to entrepreneurs of color.
  • "All of those sectors are critical to our Opportunity Zone strategy; all of those are critical to the urban and rural communities where we work."