Join Instructor Toby Rittner on January 29-30 for a two-day dive into the development finance tools available to your community in the Fundamentals of Economic Development Finance WebCourse. Explore key tools like bonds, tax credits, Tax Increment Financing (TIF), revolving loan funds, federal financing programs, and access to capital lending resources. Based on CDFA's Practitioner's Guide, this course qualifies for the DFCP Program. Register today!

CDFA congratulates Rob Rishel, Economic Development Administrator for the City of Westerville, OH, on graduating from the Development Finance Certified Professional (DFCP) program. Mr. Rishel oversees the city's incentive programs, administers the city's Industry and Commerce Corporation, and collaborates with the local business community.

The South Carolina Jobs-Economic Development Authority (JEDA) has issued $30 million in bonds to finance Greer Preparatory Academy's new facility in Greenville County. The tax-exempt Educational Revenue Bonds will be used for the construction and operation of the 32-classroom facility and athletic fields, as well as to refinance Greer Preparatory Academy's original purchase of 52 acres of land for the campus at 4250 Locust Hill Road in Taylors.

The Dayton-Montgomery County and Cincinnati Port Authorities have agreed to tap bond funds to boost the construction of a massive multi-family housing project in Springdale. This is a $76 million project (with a $97 million market value) needing about $9.5 million in Tax Increment Financing (TIF) revenue bonds. The project is a multi-family community totaling 216 apartment units, with another 90 for-rent townhomes, north of the Interstate 275 corridor.

Yields on 10-year U.S. Treasuries are over 100 basis points higher than their September lows – while the Federal Reserve has been lowering its target policy rate. That's unusual. In the previous seven cutting cycles by the Federal Reserve going back to the 1980s, the yield on the 10-year Treasury was lower 100% of the time 100 days after the first rate cut. One analysis suggests two main drivers: stronger growth expectations and heightened macroeconomic uncertainty. Robust growth exceeding expectations puts upward pressure on yields as the anticipated number of rate cuts by the Federal Reserve decreases. Economic uncertainty is another major contributing factor.

Unlock an exciting opportunity as a Development Loan Officer with Development Capital Networks! Join a passionate team dedicated to empowering small businesses through lending solutions. The position offers competitive pay, commensurate with experience, ensuring that your talents are recognized and rewarded. This role is ideally located in beautiful American Samoa, with options for candidates in other locations with nearby access to the Territory. As a team member, you'll be able to enjoy benefits such as Medical, Dental, Vision, Life Insurance, Health Savings Account, Competitive Salary, Paid Time Off, and a Simple IRA. Don't miss your chance to join a forward-thinking company committed to high performance.

The Manager, Economic Development under the authority of the President/CEO manages EDGE efforts to spur job growth and neighborhood revitalization in the City of Memphis and Shelby County. The Manager uses EDGE programs to assist firms looking to locate, expand or start up, and developers looking to invest. The Manager also coordinates efforts with various government agencies, Chambers of Commerce, neighborhood redevelopment groups, and others. Interested parties should email edgestaff@edgemem.com

The City of Norfolk is seeking an Assistant Director to join an exciting opportunity with the new Department of Housing and Community Development. The Department of Housing and Community Development oversees a variety of housing and community development programs and services for those who wish to be a part of the City of Norfolk's vibrant communities. The department seeks to provide opportunities for City of Norfolk residents to live in safe, quality, affordable housing by developing, preserving, and revitalizing communities through responsible and transparent processes. Join us as we work to build great neighborhoods. Applications close on January, 31.

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