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CDFA Rural Development Finance Update - May 5, 2015

Rural Development Finance Update
May 5, 2015
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Rural Development Finance Update

Features

USDA Backs Private Bid for $125M for Rural Investment
The New York Times reports on a USDA program aimed at attracting private investments in rural businesses. The program is part of a follow-on to the Rural Infrastructure Opportunity Fund backed by CoBank.

Financing Public-Private Fiber Networks
According to Broadband Breakfast, financiers believe that raising funds to build high-speed internet infrastructure through municipal debt financing is becoming a reality.

Growth Strategies for Rural WI
According to the Wisconsin State Journal, rural Wisconsin can prosper by extending broadband coverage, attracting investment capital, encouraging entrepreneurs, increasing exports, and making the state appealing to young people.

AZ Senate Gives Approval to WIFA Legislation
The Arizona Senate approved a bill prohibiting the state's Water Infrastructure Finance Authority from charging interest payments past the date of borrowers paying off the loan, according to the Havasu News.

Swiss Company Financing $899M Power Plant in Carroll County
Advance Power has closed a $899 million project for construction of the Carroll County Energy project. According to Market Wired, the 700-megawatt combined-cycle natural gas electric generating facility will have the capacity to generate electricity for approximately 750,000 homes.

Upcoming Events

CDFA Rural Project Marketplace
June 30 - July 1, 2015
12:00pm - 5:00pm EDT
The Rural Project Marketplace is a unique opportunity for rural communities and private sector investors to connect rural projects with financing and funding utilizing an online forum.

USDA Rural Development News

Loan to Refurbish Wastewater Treatment Facility
Arizona Journal | May. 4 | Rural Development | U.S. Dept. of Agriculture (USDA)

$125M to Grow Ag and Rural Startups
AgWeb | May. 4 | Innovation Finance | Public-Private Partnership (P3) Financing | Rural Development | U.S. Dept. of Agriculture (USDA)

USDA Financing Available to Support Rural Businesses
USDA | May. 1 | Rural Development | U.S. Dept. of Agriculture (USDA)

Application Deadline Approaches for Community Economic Assistance
USDA Rural Development | Apr. 29 | Rural Development | U.S. Dept. of Agriculture (USDA)

Food Hubs Mean More Local Food for You
USDA Blog | Apr. 27 | Food Systems Finance | Rural Development | U.S. Dept. of Agriculture (USDA)

USDA Program to Aid Rural Indiana Communities
Inside Indiana Business | Apr. 14 | Rural Development
 
CDFA Rural Development Finance Initiative

The CDFA USDA Rural Development Partnership is a two-year partnership between CDFA and the U.S. Department of Agriculture that will focus on an increase in development finance education and resources for rural communities.

CDFA USDA Best Practices Publication -- Accepting Projects for Review
CDFA is producing a best practices publication that will feature 10 rural development projects representing best practices in the use of financing and/or funding. To submit your project for consideration, click the link above.

Rural Development Headlines

Rural Futures Institute Aims to Help Improve Life in Small Towns
The Banner-Press | Apr. 27 | Rural Development

Appalachian Nonprofit Links Farmers with Big Grocers
The Washington Post | Apr. 27 | Food Systems Finance | Rural Development

Tourism Plays Significant Role in Rural UT
Business Wire | Apr. 27 | Economic Development | Rural Development

Oregon's Roads Endanger Oregon's Economy
Statesman Journal | Apr. 20 | Infrastructure Finance | Rural Development | State Finance Program

What If Enterprise Incentive Program Goes Away?
HT Politics | Apr. 20 | Economic Development | Rural Development | State Finance Program | Tax Credits

Reconstruction of Jaffrey's Park Theatre
Union Leader | Apr. 14 | Redevelopment | Rural Development | Tax Credits

Village of Downs Board OKs Development Agreement
Leroy Farmer City Press | Apr. 13 | Access to Capital | Rural Development | Tax Increment Finance (TIF)

Solving Port of Portland Problems
The Oregonian | Apr. 13 | Economic Development | Member News | Rural Development | State Finance Program

Partnerships Strengthen Regional Economies
Democrat News | Apr. 10 | Economic Development | Rural Development | U.S. Dept. of Agriculture (USDA)

CO Showing Signs of a Weakening Rural Economy
Brush News-Tribune | Apr. 10 | Economic Development | Rural Development

Economic Restructuring - The Main Street Way
Brush News-Tribune | Apr. 10 | Rural Development | State Finance Program | Urban Development

Rural Mainers Support Bill to Bring Broadband to Unserved Areas
Bangor Daily News | Apr. 9 | Infrastructure Finance | Rural Development

OR and WA Push Ahead with Manufacturing Partnership
Statesman Journal | Apr. 9 | Economic Development | Infrastructure Finance | Rural Development

Construction of High-Speed Internet Network in Eastern Kentucky
Kentucky.com | Apr. 8 | Bond Finance | Infrastructure Finance | Rural Development



The Council of Development Finance Agencies (CDFA) is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information, visit www.CDFA.net or email info@cdfa.net.


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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