CDFA is proud to announce the winners of the Excellence in Development Finance Awards. These awards honor excellence in the use of financing tools for economic development. This year's recipients include: Allentown Neighborhood Improvement Zone Development Authority, Development Finance Authority of Summit County, Redevelopment Authority of the City of Milwaukee, New Jersey Economic Development Authority, and Greater Cincinnati Redevelopment Authority.

On Sept. 8, nearly a month ahead of the Sept. 30 deadline, the EB-5 Regional Center Program was extended to Dec. 8, as part of H.R.601. Another short-term extension of the EB-5 Regional Center Program leaves the EB-5 community to wonder what changes may be brought by future legislation.

CDFA is calling on Congress to create a permanent, special category of federal tax-exempt bonds, to be known as Disaster Recovery Bonds, which can be used by states and municipalities to support recovery efforts in the areas affected by disasters, both natural and man-made. Read about the proposal and historic use of disaster bonds in a feature by The Bond Buyer.

Steve Benjamin, Mayor of Columbia, S.C. and Chairman of Municipal Bonds for America, writes on the importance of municipal bonds to help rebuild damaged cities and regions in the aftermath of disasters, like the recent Hurricanes Harvey and Irma.

The most successful energy-efficiency financing program in history just got markedly better as the California Legislature approved a comprehensive consumer protection, underwriting, and regulatory framework for Property Assessed Clean Energy (PACE) and sent it to Governor Jerry Brown's desk.

Sagamore Development Company announced that Goldman Sachs has joined the Port Covington redevelopment effort as an equity investor, committing $233 million to the project, the largest single private equity investment made by the firm's Urban Investment Group to date

CDFA is pleased to announce the release of the Annual Volume Cap Report: An Analysis of 2017 Private Activity Bond & Volume Cap Trends. The report provides complete data of the use of volume cap and the issuance of cap-subject private activity bonds nationwide and is featured in The Bond Buyer.

The Massachusetts Bay Transportation Authority plans to issue tax-exempt sustainability bonds Tuesday as part of a $574 million competitive sale.

CDFA is pleased to congratulate Sara Pietka, Vice President at Roeder & Company LLC, as the newest graduate of the prestigious Development Finance Certified Professional (DFCP) program. A new graduate, Ms. Pietka, joins numerous other graduates who have invested in their professional development and are ready to tackle the complexities of the development finance industry.

Miami, FL, October 23-25, 2017
Join IIUSA for the seventh annual EB-5 Industry Forum. This years event will focus on education and business development on a global scale. CDFA members can receive $100 off registration for this exciting event. Contact CDFA today to receive your coupon code.

During this installment of the CDFA//BNY Mellon Development WebCast Series, development finance practitioners will survey finance tools utilized to finance housing and provide a brief introduction to the world of housing finance.

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