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CDFA Rural Development Finance Update - September 1, 2015

Rural Development Finance Update
September 1, 2015
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Rural Development Finance Update

Features

Enroll Now! CDFA Rural Project Marketplace in Charleston, SC
CDFA is excited to offer the Rural Project Marketplace as an opportunity for rural communities and private sector investors to connect rural projects with financing and funding. Join us November 3-6 in Charleston, SC to consult with financing professionals and project experts who can help identify potential resources for your project.

Investing in Strong Rural America
According to ABA Banking Journal, rural America needs lending and investing that is both good for business and for communities. The Local Initiatives Support Corporation is helping to build the capacity of nonprofits to meet local needs, assemble capital to finance projects, and offer expertise to create new economic development opportunity.

Partners for Rural America
State Rural Development Councils (SRDCs) are organizations representing all levels of government, community, regional nonprofit organizations, and the private sector. The SRDCs can implement best practices, obtain technical assistance, determine funding sources, and assist local leaders with community development. This 2015 annual report highlights the impact that several SRDCs have had on rural citizens.

$4.9M in Investments for Rural AL Businesses and Infrastructure
The USDA announced $4.9 million in new funding for public safety and health projects and water and wastewater infrastructure in rural Alabama. According to North Denver News, Secretary Tom Vilsack will visit projects that have previously received USDA Rural Development funds.

KY Agricultural Finance Corp. Approves $1.3M in Loans
The Kentucky Agricultural Finance Corp. (KAFC) approved $1,349,450 in eight agricultural loans for projects in the commonwealth. Six Beginning Farmer loans, an Agricultural Processing Loan and an Agricultural Infrastructure were approved.

Upcoming Events
CDFA National Development Finance Summit
USDA Rural Development News

City of Vernonia, USDA Break Ground on Wastewater System Project
USDA | Aug. 28 | Rural Development | U.S. Dept. of Agriculture (USDA)

Promise Zone Identifies More Than $200M for 8 Counties
wymt.tv | Aug. 27 | Rural Development

OR Tribes to Expand Support for Small Businesses with USDA Grant
Tribal News & Events | Aug. 27 | Rural Development | U.S. Dept. of Agriculture (USDA)

USDA $3M Loan for New Medical Facility
BDN Maine | Aug. 20 | Infrastructure Finance | Rural Development

$46M Loan for Central Power Co-op to Improve Rural Electricity
Real Estate Rama | Aug. 18 | Infrastructure Finance | 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 USDA's internal staff.

Rural Development Headlines

USDA Announces Grant to Support Marine Industries
USDA | Sep. 1 | Economic Development | Rural Development

Back on the Trail, Clinton Presents Rural Policy
CBS News | Aug. 27 | Access to Capital | Rural Development | Tax Credits

Co-Ops Remain Vital in CoBank Restructure
ECT.coop | Aug. 24 | Rural Development

CO Working to Solve Broadband Issues
Steam Boat Today | Aug. 24 | Infrastructure Finance | Rural Development

Farm Service Agency Loan: Eligibility
Agri-View | Aug. 20 | Rural Development

Downtown Revitalization
National Agricultural Library | Aug. 19 | Community Development | Rural Development

Border-to-Border Broadband Infrastructure Grant Program
Post Bulletin | Aug. 18 | Infrastructure Finance | Rural Development

Attend an Arizona Rural Water Infrastructure Committee (RWIC) Meeting
RWIC | Aug. 17 | Infrastructure Finance | Rural Development

USDA Invests $208K in 19 Rural WI Renewable Energy Projects
WEAU | Aug. 13 | Energy Finance | Green Finance | Rural Development | U.S. Dept. of Agriculture (USDA)

Senior Housing Construction Projects
Senior Housing News | Aug. 13 | EB-5 Visa | Rural Development | Tax Credits

New OR Program to Help Small Manufacturers Grow
My Central Oregon | Aug. 12 | Access to Capital | Economic Development | Member News | Rural Development

OR Firm Gets Investment to Advance Ag Biomass Market
Capital Ag Press | Aug. 11 | Energy Finance | Green Finance | Rural Development

Hickman Foundation Gets $3.6M for Community Buildings
Beatrice Daily Sun | Aug. 10 | Rural Development

USDA Invests $63M to Support 264 Renewable Energy Projects
USDA | Aug. 7 | Energy Finance | Federal | Green Finance | Rural Development | U.S. Dept. of Agriculture (USDA)

A Rural City's Role in Economic Development
The Ohio County Monitor | Aug. 5 | Economic Development | Rural Development


New Additions to the Online Resource Database

Jobs & Economic Development on Main Street
Community Development | Economic Development | Rural Development | Tax Credits
Many of Oregon's historic downtowns are suffering from disinvestment and neglect. This resource explains how new investment can help revitalize many Main Streets as desirable places to live, work, and shop.

Exploring the Role of Regional Transportation Projects as Economy Drivers
Infrastructure Finance | Rural Development
Three case studies explore transporation-led economic development projects in Vermont, Alabama, and Oregon. The case studies provide examples in which Regional Development Organizations are uniquely positioned to carry out regional transportation projects that improve access to jobs and spur regional economic growth.

Innovative State Policy Options to Promote Rural Economic Development
Economic Development | Rural Development
Many rural areas have underdeveloped assets that compound their economic challenges and hinder potential expansion. States can employ economic development strategies that build on a region's strengths. This study indicates three strategies for governors interested in rural economic dynamism.


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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CDFA National Sponsors

  • Alliant Insurance Services, Inc.
  • BNY Mellon
  • Bricker Graydon LLP
  • Business Oregon
  • CohnReznick
  • Frost Brown Todd LLP
  • 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.
  • NW Financial Group, LLC
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
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