The House approved the final version of President Biden's $1.9 trillion coronavirus relief bill on Wednesday, handing the new president a significant legislative victory as he works to stabilize an economy still struggling to rebound from the depths of the COVID-19 pandemic. The bill includes $10 billion to reauthorize the State Small Business Credit Initiative (SSBCI) - a top priority of CDFA.

Register for CDFA's Intro Tax Increment Finance WebCourse taking place March 24-25 to learn the guiding principles and appropriate application of TIF. Our panel of expert speakers will discuss TIF deal-making and best practices highlighted by projects from around the country.

Financial strains on Texas city-owned utilities, rural electric cooperatives, and the grid operator have spurred calls for state aid and lured private equity firms into plans to fix multi-billion-dollar charges. Several private equity firms have been in talks with the operator of the Texas electric grid to provide it financial support.

After Congress passes a $1.9 trillion coronavirus stimulus package, President Joe Biden is expected to start building support around an infrastructure package that will create jobs and modernize the nation's crumbling transportation system. Already, those in the infrastructure sector are looking to what the next phase could mean as the nation attempts to recover from the economic downturn.

In the fiscal year 2020, the Federal Historic Tax Credit generated over $6.5 billion in private investment for the preservation and revitalization of historic properties. The National Park Service's annual report, Federal Tax Incentives for Rehabilitating Historic Buildings, indicated that 5,730 housing units were rehabilitated and 10,894 new housing units were completed in 2020.

The U.S. Environmental Protection Agency announced its largest Water Infrastructure Finance and Innovation Act (WIFIA) loan to date—a $727 million loan to the Portland Water Bureau in Portland, Oregon. The loan will help finance the Bull Run Treatment Program to improve drinking water quality and reliability for nearly 1 million people.

The Assistant Director - Westside Initiatives (ADWI) is responsible for the creation, management, and implementation of programming within a geographic area including the Westside, Hollowell/ML King and Perry Bolton TADs, University Choice Neighborhoods, Bowen Choice Neighborhoods, and Proctor Creek.

The Atlanta Development Authority ("Invest Atlanta"), the economic development agency of the City of Atlanta, is hiring an Assistant General Counsel. The Assistant General Counsel is a member of the Legal Department and reports to the General Counsel. The chief responsibility will be to provide advice to Invest Atlanta's various departments and component units on legal issues specific to programs under their administration.

Invest Atlanta is searching for a Neighborhood Revitalization Manager. The Neighborhood Revitalization Manager (NRM) is responsible for the implementation of place-based initiatives, programs, and policies to accomplish a shared, strategic vision for community development.

Finance Authority of Maine (FAME) is seeking a CEO to provide strategic leadership and lead its team in carrying out its mission to deliver statewide public benefit in the areas of economic development and higher education.

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The Federal Historic Preservation Tax Incentives Program, administered by the National Park Service in partnership with the State Historic Preservation Offices, is the nation's most effective program to promote historic preservation and community revitalization through historic rehabilitation. The 2020 annual report for the Historic Tax Credit program shares accomplishments and select projects from the past year.

This presentation from the EDA discusses Revolving Loan Fund de-federalization and implementation of the RLF Act passed in late 2020.

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