Huntsville Business Journal’s Post

Well, I'd love to see a further dive into the public policies, local governance, education, and financial institutions including the access to capital investment to reveal what are the consistent and real barriers to the racial wealth gap in New Orleans. This information is always hard to digest but also a temperature check on why we all need to do better for New Orleans and its people. Or is this just what it is and we accept it. Is it just racism, generations of oppression? What are the specific policies, programs addressing this? How does this show up in our local schools, government, public programs? The racial wealth gap in New Orleans is not solely a result of historical racism and oppression but is perpetuated by ongoing systemic issues. Addressing these requires a multifaceted approach involving policy reforms, community engagement, and targeted programs. It's essential to continue analyzing and addressing these barriers to create a more equitable future for all residents of New Orleans. #equityinneworleans

How to Become Financially Strapped: A Guide for the Ambitious Step 1: Move to Mississippi, where debt is considered a state sport. Step 2: Embrace unemployment as a lifestyle choice in West Virginia. Step 3: Learn to love poverty in Louisiana – it's not just a condition, it's a tradition! Step 4: Visit Arkansas and discover the joys of living paycheck to never. Step 5: Experience Alabama's unique approach to wealth redistribution – from your pocket to nowhere. Bonus tip: Avoid New Hampshire at all costs – their financial stability is downright boring. Remember, being broke is just a state of mind... and apparently, a state of residence too!

Let Chicago TIFs Expire and Borrow $1 Billion to Fund New Development that Centers Equity Just before the holidays, details emerged about the City of Chicago’s proposed plan to use anticipated revenue from expiring TIFs to fund affordable housing and other development projects via bonds. See Crain’s Chicago Business article “Chicago plans to borrow over $1 billion as it weans itself off TIFs.” https://lnkd.in/gm7sdTik MPC applauds this proposal and believes it has the potential to secure a dedicated revenue stream for community development at a time when affordable housing pressures deepen for many families. Although this would require new borrowing upfront to spur development, letting TIF districts expire and returning the money to the general fund will help repay the debt over time. This proposal identifies equitable community development and affordable housing as key drivers. Still, for this development approach to succeed, there must be absolute clarity, transparency, and monitoring around specific equity goals. See MPC’s interactive website, https://lnkd.in/gzqaCCNF, which demonstrates how TIF and other development incentive programs were not designed with equity in mind, which has limited their use in areas with the greatest economic disadvantage. Many development incentives also lack transparency and accountability. The City’s proposed plan presents an opportunity to provide funding to projects based on clear criteria around equity in the neighborhoods with the most economic need. Development projects should align with the goals of the Citywide Plan, the forthcoming Department of Housing’s 5-Year Housing Plan, the Chicago Climate Action Plan, ETOD Policy Plan, and other guiding documents that center equity.

When buying a home in Ontario, exploring the local school district is crucial. A great school district not only impacts your child’s education but also enhances property values and community quality. Researching schools before purchasing ensures your home investment supports both your family’s future and financial well-being. Explore top school districts today at SiddiquiHomes.com to find your perfect home. #OntarioRealEstate #SchoolDistricts #HomeBuyingTips #FamilyFirst #SiddiquiHomes #OttawaRealEstate

This is so far away from an industrial type manufacturing. Looks like a building by hand operation. How can you make money like that. Some of us in offsite construction need to put on their thinking hats and do some inventing. First forget everything you know about construction and study production tooling and mass production. Simplify and standardize your components. Keep your components small enough to allow more layout freedom. Ship your components flat packed to the building site to be assembled. It does not take a lot to create a new building technology. VEGO was created with an investment of $500k. If you succeed you will be able to create a small home in 1-3 hours and you will have huge profit opportunities. You can also do a JV with us by investing $10M with a profit potential of over $50M per year.

🏠 BC Builds, a new housing initiative by British Columbia, is set to address the housing needs of middle-income earners. The program aims to streamline housing development by utilizing underutilized land, partnering with developers, and providing financial support. With significant federal financial backing, the initiative is set to expedite construction and ensure affordability through low-interest loans or grants. Read the full article to learn more about this three-pronged approach to solving the middle-income housing crisis: https://lnkd.in/gx-Eiz4X

Will Massachusetts officials do what it takes to put the MBTA in a stable position? Learn more in today's Axios article. Thank you to groups like TransitMatters and Massachusetts Taxpayers Foundation that are working to raise awareness about the need to invest in our transit system. This is about access to opportunity. This is about health. This is about transportation justice. This is about climate. This is about our economy. This is about quality of life. The list goes on! #transit #publictransportation #economy #climate #access #mapoli

This year more than ever, it’s critical that California expands its investments in affordable housing to bring a robust pipeline of planned affordable homes into construction!   RCD’s 2024 Legislative Priorities reflect the need for urgent state action to maintain our momentum towards increasing affordability and addressing homelessness. Most importantly, we call on the Legislature to sustain investments that meet the scale of the housing crisis by rejecting proposed cuts to housing programs and placing a $10 billion statewide housing bond AB1657 on the November ballot. We also support several bills that would create innovative new funding sources and expand the impact of existing dollars.   Read on below to learn more about the 2024 state legislation that will help us build towards an affordable future!

Some key pointers for reform outlined in this blog.

Did you know that in Jackson County, North Carolina over 2,500 households bear the burden of unaffordable rent? The latest study conducted by the Development Finance Initiative at UNC School of Government explores challenges and innovative solutions for the urgent need for affordable housing in North Carolina. Dive into the details: https://lnkd.in/gEaAtTzU