About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Third Federal Foundation Makes Critical $500,000 Grant to Address Affordable Housing Crisis in Florida

By: via Business Wire

The half a million dollar award will seed property acquisition fund devoted to developing and preserving affordable homes in Palm Beach County

To address the growing affordable housing crisis in Florida, Third Federal Foundation today announced a $500,000, three-year grant to Neighborhood Renaissance, a nonprofit community-based housing developer. The funding will support the acquisition of property to develop and preserve homes that are within the financial reach of low- and moderate-income households and individuals in Palm Beach County.

The median single-family home price in Palm Beach County is unaffordable to 80% of the county’s households, and rental prices have seen some of the highest increases in the United States since the start of the pandemic.

“The affordable home crisis demands new solutions for housing options,” said Third Federal Savings and Loan Chairman and CEO Marc Stefanski. “We’re grateful for the long-time partnership of Neighborhood Renaissance in support of our mission of helping people achieve the dream of home ownership.”

With the funding, Neighborhood Renaissance will establish a Real Estate Acquisition & Predevelopment Fund, providing a ready source of upfront capital to compete for development sites and leverage additional financing. The Fund will help to develop homeownership or rental opportunities for Palm Beach County residents, focusing on affordable housing development efforts that are majority low- to moderate-income and minority census tracts.

“We are working in a tight, highly competitive and predominantly luxury housing market,” said Neighborhood Renaissance Executive Director Terri Murray. “To increase and preserve the supply of affordable homes in our community, it is absolutely essential we have dedicated capital we can deploy quickly to pursue development opportunities when they arise.”

A surge in Florida’s population has severely limited the availability of properties for purchase or to rent, forcing prices higher, and making it even more difficult for low- and moderate-income residents to secure affordable housing. According to the Palm Beach County Affordable Housing Needs Assessment, during the last decade, there has been an average annual supply gap of 2,732 housing units. Current market trends are hurting those earning below 80% of the area median income most severely - the very constituents Neighborhood Renaissance serves.

“The establishment of this Fund is critical to increasing the affordable housing supply in Palm Beach County, and has the potential to be a model for others to replicate around the state,” said Third Federal Foundation President Emily Thome. “We’re pleased to work with the visionary team at Neighborhood Renaissance who understands the nuances of the local housing market and has a strong network of dedicated partners.”

About Neighborhood Renaissance

Established in 1992, Neighborhood Renaissance is a nonprofit community-based organization dedicated to building and supporting strong economies and diverse communities in Palm Beach County and the state of Florida by investing in homes that are within the financial reach of low- and moderate-income households. The organization has helped nearly 200 low- and moderate-income families become first-time homebuyers and has built or sustainably rehabilitated more than 245 affordable homes. Learn more at https://neighborhoodrenaissance.org/

About Third Federal Foundation

Third Federal Foundation exists to strengthen communities and support the conditions that make successful home ownership possible, investing in efforts centered on affordable housing; thriving neighborhoods; socioeconomic advancement; and educational opportunity. Third Federal Savings and Loan established the Foundation in 2007 with $55 million in assets following its initial public offering. During the last 15 years, the Foundation has granted a total of $56 million across the Third Federal footprint in Ohio and Florida.

Contacts

More News

View More
Tesla Earnings Loom: Bulls Eye $600, Bears Warn of $300
Via MarketBeat
Topics Artificial Intelligence Electric Vehicles
Tickers TSLA
Cathie Wood Buys Alibaba and Baidu: Momentum or More Value Ahead?
Via MarketBeat
Topics Artificial Intelligence ETFs
Tickers AMZN BABA BIDU GOOGL MCHI
This ETF Weeds Out Small-Cap Underperformers
Via MarketBeat
Topics ETFs Government
Tickers BWA COOP IJR IWM KTOS SNDK
3 Top-Rated Dividend Growth Stocks to Buy in October
Via MarketBeat
Topics Bonds
Tickers PCH PR SFD
2 AI Stocks With Record Breaking Rallies: Can They Continue?
Via MarketBeat
Topics Artificial Intelligence Economy
Tickers AMZN HUT MSFT NBIS
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.