The Caren S. Franzini Fellowship was created to build leadership positions for women in the field of development finance. The Fellowship is open to women who have worked in the development finance industry for less than 10 years and must be employed...

On January 19, 2024, the U.S. Department of the Treasury published an updated FAQ document for the State Small Business Credit Initiative (SSBCI). The update concerns questions about a jurisdiction's venture capital fund program.

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, panelists identify trends shaping national bond markets and discuss the economic opportunities to expect for local projects.

On January 11, 2024, the U.S. Department of the Treasury Published a draft template for the State Small Business Credit Initiative Investing in America Small Business Opportunity Program (SSBCI Investing in America SBOP).

As housing costs have risen in the first part of the 21st century, American households have struggled to compete for high-quality housing near areas of employment. Many individuals and families in these areas do not earn enough to afford market-rate...

On January 9, 2024, the U.S. Department of the Treasury published a frequently asked questions (FAQ) document regarding the Small Business Opportunity Program (SBOP) under the State Small Business Credit Initiative (SSBCI).

On January 8, 2024, the Office of the Comptroller of the Currency (OCC) published answers to frequently asked questions (FAQ) about the State Small Business Credit Initiative 2.0 (SSBCI) based on the facts and circumstances presented in the...

The CDFA-NASDA Foundation Socially Disadvantaged Farmers & Ranchers Access to Capital Toolkit is a set of best practice resources designed to provide practical assistance to communities looking to invest in socially disadvantaged farmers and...

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, experts discuss challenges faced in financing childcare facilities and share examples of how bond financing can be used to support such businesses.

The U.S. Department of the Treasury released the State Small Business Credit Initiative (SSBCI) Quarterly Report for the Third Quarter of 2023.

In this report from the U.S. Government Accountability Office (GAO), research finds that the cost of projects using the Low-Income Housing Tax Credit (LIHTC) varies widely and that there's minimal federal oversight. Currently, no federal agency has...

Noelle Sheets, CDFA Senior Director of Development, has been named the Director of the CDFA Foundation. Ms. Sheets is excited to take on this role at the CDFA Foundation and champion positive, equitable, and inclusive involvement within the...

On December 7, 2023, the U.S. Department of the Treasury (Treasury) released a snapshot on its implementation of the State Small Business Credit Initiative (SSBCI) program with Tribal governments. To date, Treasury has received applications from...

The TBCP is a federal program that provides grants to eligible tribal entities to expand access to and adoption of broadband service on tribal land and to promote the use of broadband to access remote learning, telework, or telehealth resources.

The U.S. Department of the Treasury Released an updated FAQ document for the State Small Business Credit Initiative on December 4, 2023.

The U.S. Department of the Treasury released updated guidelines for the State Small Business Credit Initiative (SSBCI) Capital Program on December 4, 2023.

Croatan Institute and Self-Help announce the release of a major new collaborative report that explores leading challenges faced by the Farm Credit System – the largest lender in the agricultural sector. This new report documents leading...

During this installment of the CDFA Food Systems Finance Webinar Series, we illustrate the Reframe, Build, Plan framework of critical success factors that are needed to expand financing and drive capital into local food systems. Speakers discuss how...

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, speakers review the latest regulations affecting cannabis financing and the creative financing approaches providing capital to this emerging industry.

The U.S. Department of the Treasury announced the approval of 20 additional state awards under the State Small Business Credit Initiative (SSBCI) Technical Assistance Grant Program, totaling more than $50.8 million. These awards will be used to...

David Misky has been elected Chair of the CDFA Board of Directors, after serving as Vice Chair since 2022. The announcement was shared at CDFA’s National Development Finance Summit—held November 8-10, 2023 in Philadelphia, PA—where over 300...

CDFA is proud to announce the recipient of the 2023 CDFA Lifetime Achievement Award, Laura Canter, Executive Vice President and director of the Finance Programs Division of MassDevelopment. This year’s winners will be formally awarded during a...

CDFA is proud to announce the recipient of the 2023 CDFA Lifetime Achievement Award, Price Finley, Partner at Bricker Graydon LLP. This year’s winners will be formally awarded during a special ceremony at the 2023 CDFA National Development Finance...

CDFA is proud to announce the recipient of the 2023 CDFA Lifetime Achievement Award, Steve Johnson, Director, Community Development, for the Colorado Housing and Finance Authority (CHFA). This year’s winners will be formally awarded during a special...

CDFA honors the 2023 recipients of the Distinguished Development Finance Agency Award: the Great Falls Development Authority, Inc (GFDA), the Idaho Housing and Finance Association (IHFA), and the Tucson Industrial Development Authority (Tucson IDA).

On November 6, 2023, the U.S. Treasury Department held a webinar outlining the SSBCI Investing in America Small Business Opportunity Program (SBOP) Notice of Funding Opportunity.

During this installment of the CDFA Tribal Financing Webinar Series, speakers discuss financing tools and programs that tribal nations are using for healthcare facilities that better serve their unique community needs.

The 2023 Caren S. Franzini Fellowship class prepared a white paper summarizing their recent research exploring challenges that small businesses face when accessing capital. This paper presents findings on best practices, strategies, and initiatives...

Accelerator for America and the International Economic Development Council present the first segment in a two-part series exploring the needs and opportunities to drive more equitable entrepreneurship and small business growth in communities across...

The U.S. Department of the Treasury announced the new $75 million Investing in America Small Business Opportunity Program, a competitive grant program under the State Small Business Credit Initiative (SSBCI) to support technical assistance for very...

The U.S. Department of the Treasury released an interim report on the progress the Department has made in implementing the State Small Business Credit Initiative (SSBCI), which illustrates how the funding has both supported the small business boom...

CDFA and its coalition partners submitted a $2 billion Clean Investment Accelerator for Development Finance Agencies (DFAs) proposal for the Clean Communities Investment Accelerator competition under the Greenhouse Gas Reduction Fund. Under this...

The purpose of this report is to identify and review existing research and data on the unique history, challenges, industries, actors, and available funding and capital sources that shape how tribes and Native actors successfully participate in...

The NMTC Coalition’s annual report on the loans, investments, and community impact of the New Markets Tax Credit.

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, presenters examine how communities across the country are addressing challenges in financing water infrastructure projects.

This playbook provides community, city, and regional leaders with a set of tools to create more just landscapes of opportunity through actionable, coordinated strategies that target the intersecting structural, relational, and market forces that...

The U.S. Department of the Treasury released updated Frequently Asked Questions (FAQs) for the State Small Business Credit Initiative (SSBCI) on September 28, 2023.

This guide from Bricker Graydon outlines the array of tools with which Ohio economic development practitioners can intervene to stimulate or induce development to occur — or occur sooner than market forces sometimes allow — in their communities....

Columbus-Franklin County Finance Authority stated that despite stubborn inflation and labor shortages, development continues at a steady pace throughout central Ohio. Deals they closed will help finance a variety of infrastructure projects, and they...

During this installment of the CDFA-Bricker Webinar Series, we focus on the activities traditional lending institutions are undertaking in the C-PACE market.