CDFA Upcoming Events

This report by the National Association of State Energy Officials examines the use of revolving loan funds by states to finance energy projects and highlights the RLF programs of six states.

The Greenworks Loan Fund seeks to make energy efficiency financing an ordinary part of the lending process for either the rehabilitation of existing commercial buildings or the construction of new ones. This new revolving loan fund, which is capitalized through a combination of federal stimulus and private funding, will finance energy projects that show a 25% reduction in energy use.

A new mixed-use development near the Rhode Island Avenue Metro Station in Washington, D.C. will provide housing, shopping and restaurants for residents and commuters. The $107 million project combines U.S. Department of Housing and Urban Development (HUD) financing with new markets tax credits (NMTCs) and District of Columbia payment in lieu of taxes (PILOT) financing.

This U.S. Small Business Administration (SBA) report summarizes the SBA's 2009 performance, aided by ARRA provisions and funding, and includes a justification of their budget request for 2011. The 2011 budget request is projected to support $28 billion in small business lending.

Mike Martin gives on overview of access to capital lending tools and the Wyoming Business Council's revolving loan fund and loan guarantee programs.

This presentation summarizes the New Jersey Economic Development Authority's use of access to capital lending programs.

This website features information from Louisiana's Department of Environmental Quality pertaining to Brownfields financing options.

This Texas website gives basic information regarding several programs the State offers for business finance assistance, including bonds, the Texas Leverage Fund, and several loan programs.

The Texas Leverage Fund, introduced in 1992 as a community driven program, allows Economic Development Corporations to leverage the economic development sales and use tax to expand economic development through business expansions, business recruitment, and exporting.

The RLF Program administered by the East Alabama Regional Planning and Development Commission (EARPDC) provides gap financing for business and industry that are financially healthy and growing, but cannot obtain adequate financing to expand or start-up a project.

The St. Lawrence County Local Development Corporation (NY) runs this microenterprise revolving loan fund for companies with five or fewer employees and loans up to $20,000.

The Mississippi Capital Access Program, administered by the Mississippi Development Authority, is designed to increase the availability of financing for borrowers who, for various reasons, might have difficulty in obtaining conventional loans.

Rick Palank of the St. Louis County Economic Council discusses their line of access to capital tools in this presentation.

Olivia Rebanal discusses the National Development Council's Grow America Fund in this presentation.

Michael Grainey of Business Oregon discusses Oregon's Small Scale Energy Loan Program in this presentation.

Bob Repine covers Oregon's various financing tools related to renewable energy in this presentation.

The City of Newport, RI has established an economic development revolving loan fund with a grant from the U.S. Economic Development Administration. This document outlines the criteria and policies for the program.

This document is the application for businesses to apply to the Calvert County, MD Economic Development Incentive Fund.

The Communities at Work Fund, a partnership of Citi, Calvert Foundation and Opportunity Finance Network, is a $200 million fund to provide flexible capital to Community Development Financial Institution (CDFI) loan funds that lend to nonprofit and for profit small businesses, charter schools and other community service organizations in low-income and low-wealth communities. The Fund will offer unsecured, interest-only loans at 4.30% for up to five years to CDFI loan funds, as well as to New Market Tax Credit affiliates of CDFIs.

This brochure highlights Iowa City's Energy Conservation Opportunity Revolving Loan Fund (ECO-RLF). The ECO-RLF provides low-interest loans to assist with local energy efficiency projects that will provide ongoing utility cost savings for city businesses. The revolving loan mechanism allows borrowers to repay loans through the cost savings realized from their projects.

This presentation given by Ohio's Third Frontier Program looks at how this program helps Ohio companies. Through focusing on clusters of advanced and alternative energy, biomedical, and advanced materials, the Third Frontier program has funded numerous projects to create jobs in Ohio.

This presentation gives a summary of the wide variety of programs USDA Rural Development operates to encourage economic development.

This loan program allows the state of Wyoming to partner with commercial lenders to loan money to third party businesses. The state may contribute up to 35% of the deal.

This program allows the state of Wyoming to participate in a project that has a Federal guarantee on a portion of the financing. The state may contribute 50% of the note up to $1 million.

Tennessee Valley Authority Economic Development offers a variety of loan funds targeted at manufacturers and non-profits. Terms and eligible uses are variable depending on the specifics of the project.