FHLBank Atlanta’s Affordable Housing Program Competitive Program (AHP Competitive) provides funding to develop or rehabilitate housing that is affordable to low- and moderate-income families. Real estate developers partner with financial institutions like yours to apply for up to $500,000 per project to help finance the construction of apartments, supportive housing, subdivisions, single-family homes, and more.…
Alarms rang in Miami when an unstable city commission talked of undoing a riverfront land swap for a new administration building. The complex deal with a subsidiary of The Adler Group had taken years to hammer together and then pass. Adler had every right to believe a final OK was indeed final and has been…
Throughout our fiscal year 2019, Florida Community Loan Fund demonstrated its commitment to Florida’s communities. Once again, the projects we were privileged to finance illustrate how capital, when deliberately deployed, can maximize opportunities for people and places outside of the economic mainstream. During 2019, Florida Community Loan Fund: delivered $54.1 million in financing that expanded…
We invite you to take a look at the Winter 2020 issue of the Office of Community Partnerships’ quarterly newsletter, the Florida Communities Quarterly. This edition includes information on the USDA ReConnect Broadband Program, the successful economic development story of the City of Hawthorne, the information on the DEO Bureau of Economic Self-Sufficiency grant programs,…
Capturing the impact of parks and recreation has been an identified need of professionals working in the field. Data and information together paint a picture for parks and recreation professionals to utilize in communicating their value to the communities they serve, and more specifically to decision makers and community partners. The first edition of the…
Spirit Airlines, Inc. today held a groundbreaking ceremony with Spirit Team Members, local and state officials, and business leaders to celebrate the construction of its new corporate headquarters in Dania Beach, Fla. Spirit is investing up to $250 million for the creation of a corporate campus of up to 500,000 square feet of space, and…
There’s an old saying many use to describe economic development in West Orange County: A rising tide lifts all boats. As the growth in the area continues, local municipalities are following that trend — particularly the city of Ocoee. In recent years, the city has experienced the largest growth period in its history. Much of…
DELTONA — The massive Amazon distribution center set to open here in time for the start of the 2020 holiday shopping season could soon have plenty of company. The Australian family that sold the land now being cleared for the e-commerce giant has begun marketing its remaining 125 acres just east of Interstate 4. The Hains family hopes to attract companies…
Take a good mental snapshot of Boynton Beach because you won’t recognize the city in 10 years. That’s the opinion of political leaders and administrators who are overseeing a transformation designed to reshape the city’s future. If there is a theme to Boynton’s plans, it might be: Out with the old stuff and in with…
On December 6, DEO posted an initial draft of the State Action Plan for the $633 million in Community Development Block Grant – Mitigation (CDBG-MIT) funding available to Florida for disasters in 2016 and 2017 on RebuildFlorida.gov for public comment. All Floridians are encouraged to review the State Action Plan. Comments on the State Action Plan may be submitted…
PANAMA CITY — The longtime manager of the City of Panama City’s Community Redevelopment Agency, Toni Shamplain, recently took on her newest role as president of the Florida Redevelopment Association (FRA). Installed as president at FRA’s annual conference on Oct. 17, Shamplain plans to advocate for Florida’s 221 Community Redevelopment Agencies (CRAs) by addressing redevelopment…
Today, the National League of Cities is announcing 50 cities, along with a number of universities and national organizations that have made specific and bold commitments to ensure their communities will thrive in the modern, innovation-driven economy. These cities are leading the nation with unique and effective local partnerships, transformational new initiatives, and significant resources…
