NY Green Bank has completed its first transaction, according to New York Real Estate Journal. NY Green Bank's support helps projects that have difficulty accessing finance needed from the private sector alone.

New Jersey has committed nearly $5 billion since Gov. Chris Christie took office in 2010, According to an Associated Press, the amount is three times as much as the state committed from 1996 to 2009.

New York filed an appeal arguing the U.S. EPA violated the federal law when it rejected the state's plan to use money from the federal Clean Water State Revolving Fund to help pay for the Tappan Zee Bridge project.

Mayors and other urban officials in NJ are supporting a bill to reinstate state funds for Urban Enterprise Zones (UEZ). In Feb. 2010, Gov. Christie began to use the funds to balance the state budget. The bill would mandate that a portion of the sales tax goes back to the municipalities, which was the goal of the program when enacted.

The USDA Rural Development New York State Office released this guide, which gives information on USDA Rural Development FY14 Financing Programs for Community & Economic Development.

January 28-29, 2015
The Fundamentals of Economic Development Finance Course is the foundation for all of CDFA's educational offerings. This course will help you understand the variety of development finance tools available, from bonds, tax credits and TIF, to federal financing programs, RLFs, and access to capital lending resources.

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