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Development Finance Review Weekly - January 15, 2026

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Development Finance Review Weekly
January 15, 2026
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CDFA Development Finance Review Weekly

Features

CDFA Winter Institute — Five Core Development Finance Course in One Week!
The all-new CDFA Winter Institute debuts February 23-27, 2026! We're excited to bring you five executive format courses that were a hit at the 2025 Summer Institute. Designed for busy professionals, courses are scheduled without overlap, allowing you to complete multiple core classes in a single week while building a practical, integrated understanding of development finance. This is one of your only opportunities in 2026 to complete CDFA's core introductory training courses. Knock out your DFCP requirement courses this February! Learn more about the courses offered and register today!

2026 CDFA // BNY Development Finance Webcast Series Kicks Off January 20!
CDFA is proud to partner with BNY to bring you the CDFA // BNY Development Finance Webcast Series! This 12-part webinar series offers monthly, 1-hour sessions focused on bond finance, providing an in-depth exploration of the bond market, various investment strategies, and the ways bonds can drive impactful economic development. Thanks to our partner, BNY, this series is free to attend, and recordings are available on our website. Register today!

Rural Data Gateway Launched by U.S. Department of Agriculture Rural Development
The Rural Data Gateway strengthens U.S. Department of Agriculture Rural Development partnerships with rural people, entrepreneurs, government officials and Congress by making Rural Development's data more available and easier to access.

U.S. Department of Agriculture Rural Development Accepting Applications for Business and Industry Guaranteed Loan Program
The U.S. Department of Agriculture Rural Development is accepting applications to the Business and Industry Guaranteed Loan program. This program provides loan guarantees to commercial lenders for loans to eligible rural businesses.

U.S. Department of Agriculture Rural Development Accepting Applications for Rural Economic Development Loan and Grant Programs
The Rural Economic Development Loan and Grant programs provide funding for rural projects through local utility organizations. U.S. Department of Agriculture Rural Development provides zero-interest loans to local utilities which they pass through to local businesses for projects that will create and retain employment in rural areas.

What 2026 Brings to Public Finance
State and local officials have a much clearer view of what's coming in 2026 than they faced a year ago. Election rhetoric has been converted to an avalanche of executive orders and partisan fiscal legislation with the One Big Beautiful Bill Act (OBBBA). The contours of federal spending cuts and new tax incentives are now "known knowns." And the president's team has made it clear that he wants and expects lower interest rates to goose the economy.

Congress Rejects Nearly $1B in Proposed Tribal Cuts in Bipartisan FY26 Funding Package
Congress released bill text Monday for a bipartisan, bicameral package of three fiscal year 2026 appropriations bills that would reject nearly $1 billion in proposed cuts to tribal programs sought by the Trump administration, according to congressional negotiators. The package would preserve funding for health care, public safety, education, infrastructure and treaty obligations across Indian Country.

Florida Community Loan Fund Awarded $75M New Markets Tax Credit Allocation
Florida Community Loan Fund (FCLF) was awarded a $75 million New Markets Tax Credit (NMTC) allocation from the U.S. Treasury's CDFI Fund, marking its largest allocation to date as one of 142 allocations nationally and only 3 in Florida. This award is part of the CDFI Fund's record $10 billion NMTC allocation authority covering 2024 and 2025 and strengthens FCLF's ability to finance high-impact projects in underserved communities throughout the State of Florida.

U.S. Credit Unions Welcome Restored Federal Funding For CDFIs
Credit unions in the US have welcomed the news that lawmakers are planning to appropriate $324 million for the federal Community Development Financial Institution (CDFI) Fund for the coming financial year. This is a welcome reversal for the sector after the fund, which supports credit unions serving low-income and underserved areas through grants, certifications, and access to capital, was axed during last year's federal shutdown, sparking an outcry from the credit union movement.

Upcoming Events
CDFA Winter Institute
This Week's Headlines

Applications Open for Iowa's Water Quality Financing Program
Yahoo News! | Jan. 14 | Revolving Loan Funds (RLFs) | Water Finance

As City of Austin Ponders 2026 Bond — How Much Do You Owe for Previous Bonds?
KXAN | Jan. 14 | Bond Finance

Don't Dismiss Solar Even as Federal Tax Credits Fade Away
facilitiesnet | Jan. 14 | Energy Finance | Federal | Tax Credits

Finance Committee Approves $16M Budget for 2026 Bond Projects, Riverwalk and Greensboro Avenue
Citizen Portal AI | Jan. 14 | Bond Finance

Higher Premium Payments or Higher Deductibles: The Tradeoffs ACA Enrollees Face
Health System Tracker | Jan. 14 | Healthcare | Tax Credits

MO Corn Growers: State Budget, AG Tax Credits Among Key Issues in Legislative Session
Brownfield AG News | Jan. 14 | Agriculture Finance | Legislative | Tax Credits

New Loan Fund Director to Expand Small Business Lending Across TARCOG Region
Sand Mountain Reporter | Jan. 14 | Revolving Loan Funds (RLFs)

Piper Sandler Companies: 2025 Year in Review
Piper Sandler Companies | Jan. 14 | Economic Development | Member News

San Angelo Council Backs Tax Credits for Affordable Housing
Concho Valley | Jan. 14 | Healthcare | Tax Credits

Trump's Credit Card Cap Would Squeeze a $70B Bond Market
Yahoo Finance | Jan. 14 | Bond Finance | Federal

Trump Wants Fannie Mae and Freddie Mac to Buy More Bonds. Will it Lower Mortgage Rates?
Yahoo Finance! | Jan. 14 | Bond Finance | Federal | Housing Finance

USGBC Releases Updated Guide to IRA Funding for State and Local Governments
USGBC | Jan. 14 | Federal | Legislative | Tax Credits

What OZ Funds Should Do in 2026 to Prepare for OZ 2.0
OpportunityZones.com | Jan. 14 | Opportunity Zones

Applying an Economic Development Lens to Childcare - National Association of Development Organizations Webinar
National Association of Development Organizations Research Foundation | Jan. 13 | Economic Development | Education | Webcasts

California Unveils $200M EV Rebate After Federal Tax Credit Ends
Desert Sun | Jan. 13 | Tax Credits

Child Tax Credit: FAQ
Thomson Reuters | Jan. 13 | Federal | Tax Credits

Civil Engineering Workforce Tax Credits
Oklahoma Commerce | Jan. 13 | Tax Credits

Combined Clean and Drinking Water State Revolving Funds Webinar
Local Infrastructure Hub | Jan. 13 | Education | Water Finance | Webcasts

Delaware to Solicit Water Quality Improvement Projects With Infrastructure Investment and Jobs Act Funding
Delaware News | Jan. 13 | Revolving Loan Funds (RLFs) | Water Finance

Fort Wayne, IN, Awarded $50M in New Markets Tax Credits from Treasury
The City of Fort Wayne | Jan. 13 | Tax Credits

HUD Announces Lead Hazard Reduction Capacity Building Grant Program
U.S. Department of Housing and Urban Development | Jan. 13 | Housing Finance | U.S. Dept. of Housing & Urban Development (HUD) | Urban Development

Lawmaker Says New Mexico Housing Agency Loans Aren't Rural Enough
Source NM | Jan. 13 | Housing Finance | Revolving Loan Funds (RLFs) | Rural Development

Registration Opens for the U.S. Indigenous Data Sovereignty and Governance Summit 2026
U.S. Indigenous Data Sovereignty Network | Jan. 13 | Federal | Legislative | Tribal Finance

Save the Date for U.S. Department of Agriculture's 102nd Annual Agricultural Outlook Forum
U.S. Department of Agriculture | Jan. 13 | Agriculture Finance | Rural Development | U.S. Dept. of Agriculture (USDA)

State Small Business Credit Initiative (SSBCI) Technical Assistance Working Group
U.S. Treasury | Jan. 13 | Education | State Small Business Credit Initiative (SSBCI) | U.S. Dept. of Treasury

U.S. Department of Agriculture Rural Development Accepting Applications to the Timber Production Expansion Guaranteed Loan Program
U.S. Department of Agriculture Rural Development | Jan. 13 | Federal | Rural Development | U.S. Dept. of Agriculture (USDA)

U.S. Treasury to Host State Small Business Credit Initiative (SSBCI) Technical Assistance and Small Business Opportunity Program Office Hours
U.S. Treasury | Jan. 13 | Community Development | State Small Business Credit Initiative (SSBCI) | U.S. Dept. of Treasury

What Minnesota's Federal Funding Freeze Means for Small Business Owners Like You — And What To Do Next
NAV | Jan. 13 | Federal | State Finance Program | U.S. Small Business Administration (SBA)

Connecticut Green Bank Surpasses $3B in Investment, Expanding Green Economy
Connecticut Green Bank | Jan. 12 | Economic Development | Green Finance

Elevate Capital Invests $1.6M in 5 Oregon Startups Through State-Backed Venture Program
PULSE 2.0 | Jan. 12 | State Small Business Credit Initiative (SSBCI)

Podcast: The One Big Beautiful Bill Act and What It Means for the Real Estate Industry
Holland and Knight | Jan. 12 | Federal | Legislative | Opportunity Zones

Pursuit, Adoption of State-Level Opportunity Zone Incentives on a Longer Timeline
Novogradac | Jan. 12 | Incentives | Opportunity Zones | State Finance Program

U.S. Treasury Releases NMTC Qualified Equity Investment Issuance Report
U.S. Treasury | Jan. 12 | Tax Credits | U.S. Dept. of Treasury | U.S. Dept. of Treasury CDFI Fund

Ohio Opens $100M Loan Program for Home Construction
Construction Owners | Jan. 11 | Housing Finance | Revolving Loan Funds (RLFs)

14 Commonly Overlooked Small Business Tax Credits
CO | Jan. 10 | Federal | Tax Credits

Free Small Business Clinic at Moraine Park Technical College in Fond du Lac
KFIZ | Jan. 10 | State Small Business Credit Initiative (SSBCI)


CDFA President's Club Spotlight

Grow America | Formerly NDC Grow America | Formerly NDC
NDC is now Grow America. In a time of unprecedented growth, we're proud to be the country's first and most dedicated community and economic development nonprofit. For over five decades, we have worked to improve the lives of millions of people...
Hawes Hill and Associates LLP Hawes Hill and Associates LLP
Hawes Hill & Associates (HHA) concentrates on economic and community development and public financing consulting using special purpose districts, real estate incentives, and other public financing tools. Throughout its nearly 30-year history, HHA...
Hawkins Delafield & Wood LLP Hawkins Delafield & Wood LLP
Hawkins Delafield & Wood LLP is the only national law firm in the United States whose practice is devoted primarily to public finance and public projects. Each of their specialty areas supports and complements our municipal transactions practice....

CDFA Bookstore

Cover thumbnail Tax Increment Finance Best Practices Reference Guide 2nd Edition
The Tax Increment Finance Best Practices Reference Guide 2nd Edition addresses what TIF is, why it should be used, and how best to apply the TIF tool. This guide highlights both TIF and special assessment projects across the country and how they can be applied to address common economic development issues.

New Members

National Association for Latino Community Asset Builders - San Antonio, TX

North Central Alabama Regional Council of Governments - Decatur, AL

The Council of Development Finance Agencies 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 about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.

Council of Development Finance Agencies
425 Metro Place N., Suite 460
Dublin, OH 43017
(614) 705-1300
info@cdfa.net

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CDFA President's Club

  • Alliant Insurance Services, Inc.
  • BNY
  • Bricker Graydon Wyatt LLP
  • Business Oregon
  • CohnReznick
  • FTB Gibbons
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • PGAV Planners, LLC
  • RDF
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
Become a CDFA President's Club Member