#CommunityFinancing

Citizen Portal News Utah

@citizenptnewsut.bsky.social

4 days ago

Fire chief asks council to start bids for new engine as lead times and prices surge Fire Chief Dustin Anderson told the Richfield City Council the department's fleet is aging and that new engines now take 30–42 months to build and cost roughly $1.2–$1.3 million; he asked council permission to pursue bids and financing, including possible county cost-share and CIB assistance.

Richfield's fire fleet is aging fast, and with new engines taking up to 42 months to build, Chief Anderson is urging the council to act before costs soar even higher.

Learn more here

#UT #CitizenPortal #EmergencyResponse #CommunityFinancing #PublicSafety #RichfieldFireDepartments

Citizen Portal News Utah

@citizenptnewsut.bsky.social

1 month ago

League: TIF, CRA and HTRZ bills under active discussion at the Capitol An unidentified League speaker said multiple bills involving tax increment financing (TIF), Community Reinvestment Areas (CRA) and HTRZ mechanisms are being discussed at the Capitol and remain unsettled.

Major changes to local tax tools like TIF and CRA are brewing at the Capitol, and the implications could reshape economic development in Utah!

Get the details

#UT #CitizenPortal #CommunityFinancing #EconomicDevelopment #TaxReform

Citizen Portal News Washington

@citizenptnewswa.bsky.social

1 month ago

Council extends interfund loan tied to former Target property as developer timeline continues Council approved a resolution extending an existing interfund loan for the former Target site, citing an executed developer agreement and the city's intent to sell the property by Jan. 2027; staff argued internal financing is cheaper than outside borrowing.

The Federal Way City Council just voted unanimously to extend an interfund loan for the former Target property, paving the way for a potential sale by January 2027!

Click to read more!

#FederalWayKingCounty #WA #UrbanDevelopment #CitizenPortal #CommunityFinancing #FiscalResponsibility

Citizen Portal News Nebraska

@citizenptnewsne.bsky.social

1 month ago

Bill would let Omaha and Lincoln use local economic development tools for affordable housing LB850 would permit the state’s primary metropolitan cities (Omaha and Lincoln) to use local-option municipal economic development funds (LB840 programs) for construction or rehabilitation of low- and moderate-income housing; proponents said it provides an optional tool to close financing gaps and carries no state cost.

A new bill could empower Omaha and Lincoln to tackle affordable housing challenges by unlocking local funds for development—could this be the game-changer we need?

Click to read more!

#NE #EconomicDevelopment #AffordableHousing #CommunityFinancing #OmahaHousing #CitizenPortal

Citizen Portal News Vermont

@citizenptnewsvt.bsky.social

1 month ago

House committees review H.775 package to spur rural housing with tax stabilizations, credit facilities and modular pilot At a joint hearing, legislative counsel and witnesses outlined H.775: a rural housing pilot capped at 300 units, tax‑stabilization contracts that freeze property valuation for 10 years, expanded State Treasurer credit facilities, revenue bonds tied to special assessments, and a modular construction pilot to lower costs for small developers.

Vermont is taking bold steps to boost rural housing with a new pilot program that could stabilize taxes for 300 units and support small towns like never before!

Learn more here

#VT #RuralDevelopment #AffordableHousing #CommunityFinancing #VermontHousing #CitizenPortal

Citizen Portal News Virginia

@citizenptnewsva.bsky.social

1 month ago

Subcommittee backs revolving loan fund substitute to boost housing construction financing The subcommittee recommended reporting SB 490 as substituted to create a separate state revolving loan fund (administered by DHCD with Virginia Housing) to support low‑ and moderate‑income housing projects; proponents said the fund would help projects 'pencil' and increase housing production.

A new proposal in Virginia aims to create a revolving loan fund that could revolutionize affordable housing financing and boost construction for low- and moderate-income projects.

Learn more here!

#VA #VirginiaHousing #EconomicDevelopment #AffordableHousing #CommunityFinancing #CitizenPortal

Citizen Portal News California

@citizenptnewsca.bsky.social

1 month ago

Richmond council directs manager to develop funding plan for Advanced Life Support paramedic program After a six‑month update, Richmond officials approved staff direction to develop revenue and financing options to implement a phased Advanced Life Support (ALS) paramedic program, citing a preliminary five‑year implementation cost of about $20.46 million and significant facility and apparatus expenses that will require additional revenue sources or financing.

Richmond City Council is taking a bold step towards enhancing public safety by planning a phased rollout of a $20.46 million Advanced Life Support program for its fire department!

Learn more here

#RichmondContraCostaCounty #CA #RichmondPublicSafety #HealthInAllPolicies #CommunityFinancing

Citizen Portal News Utah

@citizenptnewsut.bsky.social

2 months ago

Planning commission backs water master plan, proposes impact-fee updates and long-term pipe-replacement plan After a detailed presentation and public comment, commissioners recommended City Council adopt the drinking water and pressurized irrigation master plans, including a proposed indoor impact fee of about $1,266 and new irrigatable-area-based outdoor fees; staff also presented a system replacement estimate of about $440 million and phased financing options.

Springville's Planning Commission has recommended a comprehensive overhaul of the city's drinking water and irrigation systems, setting the stage for significant changes in impact fees and long-term infrastructure investments.

Click to read more!

#UT #InfrastructurePlanning #CommunityFinancing

Citizen Portal News Alabama

@citizenptnewsal.bsky.social

2 months ago

Chilton County engineers propose guardrails, truck financing and roadway repairs Road engineer Heath Sexton presented guardrail construction agreements, an ALDOT invoice, the fiscal-year Rebuild Alabama report, a recommended Trustmark lease quote for new dump trucks, and detailed proposals for immediate milling on County Road 131 and widening and speed reductions on County Road 114.

Chilton County's road engineer unveils crucial plans for safety upgrades, including guardrails and new dump trucks, while addressing urgent pavement issues—what's next for our roads?

Click to read more!

#ChiltonCounty #AL #PublicSafety #CommunityFinancing #InfrastructureDevelopment

Citizen Portal News Ohio

@citizenptnewsoh.bsky.social

3 months ago

Akron committee approves temporary appropriation, rolls over $44 million in short-term notes Akron’s Budget & Finance Committee approved a temporary appropriation covering Jan. 1–Mar. 31, 2026 and suspended rules to roll over two short-term notes: $3,000,000 for Good Park subdivision assessments and $41,000,000 as part of the city’s various-purpose note financing.

Akron's Budget & Finance Committee just approved a temporary budget and rolled over $44 million in short-term notes to keep the city's finances flowing smoothly!

Learn more here

#AkronSummitCounty #OH #CitizenPortal #LocalGovernance #AkronBudget #FinancialTransparency #CommunityFinancing

Citizen Portal News Iowa

@citizenptnewsia.bsky.social

4 months ago

West Des Moines Council directs sale of multiple urban renewal bond series and approves several routine land and traffic measures The Nov. 3 council meeting included unanimous votes to approve traffic- and zoning-related ordinances, convey three electric-easement options to MidAmerican Energy, adopt a Veterans Day proclamation and direct the sale of multiple bond series to fund street and Alluvion fire-station projects.

West Des Moines City Council just made significant strides in urban renewal by approving multiple bond sales and essential traffic measures!

Learn more here

#WestDesMoinesCityPolkCounty #IA #CitizenPortal #UrbanRenewal #WestDesMoinesCityCouncil #TrafficSafety #CommunityFinancing

Citizen Portal News California

@citizenptnewsca.bsky.social

4 months ago

Board approves Lincoln Crossing attendance-boundary change after heated public testimony on CFD/COP financing After extended public comment about past development financing and district debt, the Western Placer Unified board approved a boundary change affecting Lincoln Crossing students. Trustees and district financial advisors explained how Community Facilities District (CFD) taxes and certificates of participation (COP) were used to fund past school work

The Western Placer Unified School District's controversial boundary change for Lincoln Crossing has sparked intense community debate over financial accountability and promises made by local development fees.

Get the details!

#CA #CitizenPortal #StudentSupport #CommunityFinancing

Citizen Portal News California

@citizenptnewsca.bsky.social

4 months ago

RCAC offers technical assistance and bridge loans for rural and tribal infrastructure projects The Rural Community Assistance Corporation described technical assistance services for funding applications, rate studies and operations planning, and outlined environmental infrastructure loan products including bridge loans for projects awaiting grant reimbursements.

Rural and tribal communities can access vital funding and expertise through RCAC's innovative loan programs and technical assistance—empowering them to build a sustainable future.

Learn more here!

#CA #CitizenPortal #EnvironmentalAssistance #CommunityFinancing #InfrastructureDevelopment

Citizen Portal News California

@citizenptnewsca.bsky.social

4 months ago

Council joins CMFA’s BOLD program to allow optional development‑funding tools After a public hearing, the Los Banos City Council voted to join the California Municipal Finance Authority’s BOLD program, which allows developers to access community facilities district (CFD) financing through CMFA on a voluntary basis.

The Los Banos City Council just took a bold step to boost local development by joining a program that offers innovative financing options for developers!

Learn more here

#LosBanosMercedCounty #CA #CitizenPortal #AffordableHousing #LosBanosDevelopment #InfrastructureFunding #CommunityFinancing

Citizen Portal News Minnesota

@citizenptnewsmn.bsky.social

6 months ago

County Secures $22M Bonds with Lower Interest Cost for HRA Financing County issues $22.08M bonds with a true interest cost of 4.45% for HRA.

Benton County just approved a $22 million bond issuance designed to boost local projects, all while saving nearly $600,000 in interest costs!

Click to read more!

#BentonCounty #MN #InfrastructureInvestment #CitizenPortal #FiscalResponsibility #BentonCountyHousing #CommunityFinancing

Citizen Portal News Michigan

@citizenptnewsmi.bsky.social

11 months ago

Drainage District outlines financial strategy for $1.4B project obligations Drainage District details safeguards and financial tools for managing special assessments effectively.

Berrien County is gearing up for a monumental $1.4 billion drainage project, but how will special assessments impact property owners' wallets?

Learn more here!

#BerrienCounty #MI #CitizenPortal #PublicInfrastructure #BerrienCountyDrainage #CommunityFinancing #FinancialManagement

Canadian Association for Food Studies

@foodstudies.ca

1 year ago

An aspirational school lunch on a tray with cutlery and glassware and linens and a well-balanced meal. From the cover of Vol. 9 No. 3 (2022): Momentum is building for a school food program for Canada in which you’ll find “‘It is the Wild West out here’ Prairie farmers’ perspectives on farmland investment and land concentration.”

Financialization

#Farmland #Financialization #Concentration #RuralCommunity #CommunityFinancing #LocalInvestment #Cooperatives #SustainableFood #FoodSystems #SupplyChain #CanAg

canadianfoodstudies.uwaterloo.ca/index.php/cf...

Citizen Portal News Washington

@citizenptnewswa.bsky.social

1 year ago

Washington public bank develops loan program for infrastructure and economic development Public bank creates funding programs to support state, local, and tribal development projects.

Washington State is on the verge of a financial revolution with Senate Bill 5754, proposing a public bank to fuel infrastructure projects and economic growth like never before.

Learn more here

#WA #CommunityFinancing #InfrastructureDevelopment #EconomicGrowth #CitizenPortal