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Rising costs impact Valley homebuilders' ability to deliver affordable housing628Rising costs impact Valley homebuilders' ability to deliver affordable housing<div class="ExternalClassDAA5A43DBC224388B8219E8BA854C694"><figure> <img src="" alt="Photo of single family home under construction" /> <center><figcaption><em>Construction costs and a labor shortage are making it tougher for homebuilders to deliver affordable homes.</em><br>Image: Bryan Snyder for Maracay Homes</figcaption></center> </figure> <center><em>By Angela Gonzales for Phoenix Business Journal</em><br></center><p><span style="font-size:15px;">As demand in the Valley increases for entry-level homes, homebuilders are doing what they can to give buyers what they want, but how long they'll be able to offer entry-level prices remains to be seen.</span></p><p><span style="font-size:15px;">"We really do have a perfect storm here," said Jim Belfiore, founder and president of Belfiore Real Estate Consulting. "Costs are just rising so fast and it's going to continue that. It's going to be difficult for builders to continue to deliver affordable housing in the future. It's a large concern we need to figure out solutions to."</span></p><p><span style="font-size:15px;">Demand is still growing at a healthy clip, Belfiore said.</span></p><p><span style="font-size:15px;">"The single biggest issue for homebuilders today is delivering homes at a price point that's palatable for homebuyers," he said. "It really is a big issue."</span>​</p></div>9/19/2019 9:30:00 PM
Arizona Broadband Office Opens Applications For Grants627Arizona Broadband Office Opens Applications For Grants<div class="ExternalClassF410BC5248DE4E88A1A0336254B668A5"><figure> <img src="/econdevsite/MediaAssets/Other/UPDATE-20190919-Wires-on-pole-in-Nepal.jpg" alt="Photo of telephone pole with hundreds of attached wires" /> <center> <figcaption>Image: Subhashish Panigrahi</figcaption></center> </figure> <center> <em>By Connie Weber for Arizona Commerce Authority</em><br></center><p> <span style="font-size:15px;">PHOENIX, AZ (September 19, 2019) – The Arizona Commerce Authority announced today grant applications are now being accepted for broadband enhancement in rural Arizona communities. The Arizona Rural Broadband Development Grant will be used to support planning and deployment, enabling Arizona communities to more easily access broadband services.</span></p><p> <span style="font-size:15px;">The $3 million in funding was requested by Governor Doug Ducey and approved by the Arizona State Legislature for the fiscal year 2020 budget.</span></p><p> <span style="font-size:15px;">"High speed internet is essential for accelerating economic development, enhancing education, strengthening health care and improving public safety in every part of Arizona," said Governor Ducey. "Arizona’s investment in these grants will create opportunities for rural communities to jumpstart their access to fast, reliable internet."</span></p><p> <span style="font-size:15px;">"In this digital age, connectivity is crucial for economic growth," said Sandra Watson, President & CEO of the Arizona Commerce Authority. "This grant will help rural Arizona communities increase their competitiveness and create new opportunities for their residents."</span></p><p> <span style="font-size:15px;">Eligible applicants are Arizona cities and towns with a population of fewer than 150,000 that are not part of a larger contiguous metro area; Arizona counties with a population of fewer than 750,000; federally-based Indian tribes located in Arizona; established non-profit enterprises focused on economic development in Arizona; and for-profit enterprises with a minimum of five years operating history in the telecommunications industry.</span></p><p> <span style="font-size:15px;">The grants will be allocated in two separate categories: those for projects to immediately build broadband infrastructure, with a maximum award of $1,000,000 per project; and grants to help communities develop broadband plans. The maximum award for this grant is $50,000 per project.</span></p><p> <span style="font-size:15px;">Applications must be submitted by October 28th, 2019. Grant awards will be announced on December 19th, 2019. For application details, please visit the Arizona Commerce Authority’s broadband website.</span><em>​</em>​</p></div>9/19/2019 9:00:00 PM
Employed moms say working is best option626Employed moms say working is best option<div class="ExternalClass5310C58C4D7A414EAC50E8E47AED3B9C"><figure> <img src="/econdevsite/MediaAssets/Buildings/UPDATE-20190916-Downtown-Sunrise-749.jpg" alt="Photo of Downtown Phoenix at dawn" /> <center><figcaption>Image: City of Phoenix</figcaption></center> </figure> <center><em>By Caitlin Mullen for BizWomen</em><br></center><p><span style="font-size:15px;">Working mom guilt is hard to shake.</span></p><p><span style="font-size:15px;">That’s according to new data from Pew Research Center. About half of U.S. parents say working makes it harder for them to be good parents, and about the same amount say they feel like they’re not giving enough at work. Still, 8 in 10 working moms say their current employment situation is the best option.</span></p><p><span style="font-size:15px;">Fifty years ago, 34 percent of mothers with children under 18 worked full time. Now, it’s 55 percent, per Pew. Overall, 72 percent of moms are employed today, whether full time or part time; 50 years ago, that figure was about 50 percent. </span></p><p><span style="font-size:15px;">Notably, most full-time working mothers feel confident their current work status is what’s best for them. Among mothers working full time, 84 percent say doing just that is their best option, while 14 percent thought shifting to part time would be preferable; just 2 percent said staying home would be best.</span>​</p></div>9/17/2019 7:00:00 AM

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