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Affordable housing situation is ‘dire’ for Idahoans and state’s workforce, advocates say
[caption id="attachment_245772" align="alignright" width="300"] Multifamily housing under construction in Twin Falls. Photo by Liz Patterson Harbauer[/caption] Housing advocates across Idaho say the need for housing is dire, with many individuals living in cars and being evicted or priced out of their homes on a daily basis, and they are calling on Idaho’s Congressional delegation to take act[...]
Biz ‘Bite:’ aha! started flights to Idaho Falls, then went under
[caption id="" align="alignright" width="300"] An aha! plane. Photo courtesy of aha![/caption] Less than two weeks after starting air service on the Idaho Falls-to-Reno route, fledgling regional carrier aha! ceased services on Aug. 22. aha! was a Reno-based startup airline that could be described as the repackaging of an older airline called ExpressJet. ExpressJet was based in [...]
Biz ‘Bite:’ Boise buys mobile home park
Read More IBR Headlines [feed url="https://idahobusinessreview.com/category/news/ibr-headlines/feed/" number="3"] In its efforts to preserve affordable housing for its residents, the City of Boise announced that it purchased the Sage Mobile Home Park in the Boise Bench neighborhood on Aug. 25. The two-acre property is near Shoshone Park with less than 200 feet walking distance to “best-in-[...]
29% of Idaho grads eligible for $20,000 student loan relief
[caption id="attachment_284098" align="alignright" width="300"] Cost of attending public universities vs. Pell Grant amounts. Click to Enlarge. Image courtesy of the U.S. Department of Education.[/caption] The average Idaho college student leaves school with almost $25,000 in student loan debt, according to recent statistics from the 2019-20 school year compiled by the California-based Institut[...]
Biz ‘Bite:’ no-cost Idaho Small Business Development Center class
[caption id="attachment_234509" align="alignright" width="300"] The Boise office of the Small Business Development Center. Photo courtesy of Small Business Development Center[/caption] Idaho’s Small Business Development Center (SBDC) will give a free online class for small businesses on Wednesday, Aug. 31, from 9 to 10 a.m. via Zoom. The session will introduce the no-cost services a[...]
Idaho Department of Lands sells 10 Priest Lake lots for $24.6 million
[caption id="attachment_174542" align="alignright" width="300"] The Idaho Department of Lands has been selling state-owned lots at Priest Lake at auction since 2010. The property here that sold at auction in 2016. Photo courtesy of Idaho Department of Lands.[/caption] The Idaho Department of Lands announced on Aug. 16 that the state sold 10 endowment-owned lakefront lots on the shores of Priest[...]
Biz ‘Bite:’ St. Luke’s is moving into South Nampa
[caption id="attachment_284029" align="alignleft" width="300"] St. Luke's Health System broke ground on a new community clinic to serve the south Nampa area on Aug. 22. Photo courtesy of Christine Myron, St. Luke's Health System.[/caption] St. Luke’s Health System broke ground on Aug. 22 on a new community clinic near Middleton Road and Roosevelt Avenue in South Nampa. The South Nampa Communi[...]
Biz ‘Bite:’ $68M financing for Village Apartments in Meridian
[caption id="attachment_284017" align="alignnone" width="600"] Artist's rendering of the Village Apartments. Image courtesy of PCCP LLC[/caption] National real estate finance and investment management firm PCCP LLC announced that it has financed a $68 million senior construction loan to a joint venture between the Rockworth Companies and the Gasser Family to build a Class A, 336-unit apartment [...]
Biz ‘Bite:’ Idaho AmeriCorps receives $3.9M to fund volunteer positions
The Idaho AmeriCorps has received a $3.9 million federal grant for 2022 through 2023 to support volunteer efforts in health care, mental health, education and restoration projects throughout the Gem State. The grant is from the federal AmeriCorps agency through Serve Idaho, which is the Governor’s Commission on Service and Volunteerism. Idaho AmeriCorps members apply for positions through the[...]
US vs. Idaho involuntary terminations
[caption id="" align="alignright" width="300"] Idaho job openings declined slightly in June while hiring and quitting rates remained steady. Click to enlarge. Graphic by Catie Clark[/caption] Idaho Business Review's monthly feature column on Idaho's labor force This month’s update on Idaho’s labor force from the U.S. Bureau of Labor Statistics (BLS) State Job Openings and Lab[...]
Biz ‘Bite:’ Idaho’s surplus vs. the federal deficit
Though Idaho has a tiny budget compared with the federal government, it is interesting to compare the Gem State’s projected $2 billion surplus for fiscal year 2022 with the federal deficit, as Gov. Brad Little did toss a few verbal moldy vegetables at how finances are done in D.C. while touting the economic health of the state government at his annual address to the Idaho business community on A[...]
State freezes endowment payments for public schools, other beneficiaries
Idaho will freeze next year’s endowment payments to public schools and other beneficiaries, in the face of market volatility. The state Land Board approved the 2023-24 payments Tuesday, making no changes from this year’s record awards. Here’s a breakdown of next year’s $100.3 million payments, which go into effect July 1: Public schools: $61.5 million. State Hospital[...]
