The Citi Foundation has awarded its third iteration of Community Progress Makers. Among awardees is the Solar and Energy Loan Fund (SELF), which received a $500k grant. The Citi Foundation first launched Community Progress Makers in 2015, with the goal of providing unrestricted grant support to community change agents who were working to catalyze economic opportunities for underserved communities across the United States.

USDA Secretary Tom Vilsack announced that USDA is investing $5.2 billion to build and improve critical rural infrastructure in 46 states and Puerto Rico. The investments reflect the Biden-Harris Administration's commitment to Building a Better America by investing in rural communities and will help expand access to high-speed internet, clean water, and reliable electricity in people's homes and businesses across rural America.

In a major step towards advancing educational equity for all students, Equitable Facilities Fund (EFF), a nonprofit social impact fund specializing in facilities financing for high-performing public charter schools, announced today that it is committing $500 million to public charter schools run by people of color. The funding will be fully disbursed by 2026 to provide low-cost loans for school facilities so that exceptional educators can establish deeper roots within their communities.

U.S. Secretary of Energy Jennifer M. Granholm and U.S. Secretary of Transportation Pete Buttigieg signed a memorandum of understanding to create a Joint Office of Energy and Transportation to support the deployment of $7.5 billion from the President's Bipartisan Infrastructure Law to build out a national electric vehicle charging network that can build public confidence, with a focus on filling gaps in rural, disadvantaged, and hard-to-reach locations.

USDA Rural Development Under Secretary Xochitl Torres Small today announced the Department is expanding access to four loan guarantee programs that provide funding to help rural communities create jobs and improve local infrastructure.

Florida Community Loan Fund has finalized closing on New Markets Tax Credit (NMTC) financing for the Agape Village Health Center. The $34.8 million campus will provide healthcare and social services from Miami's Goulds neighborhood. With financing through the NMTC program, this project brings a significant expansion of needed health services to the community.

U.S. Secretary of Commerce Gina M. Raimondo announced the 60 finalists for the U.S. Economic Development Administration's (EDA) $1 billion "Build Back Better Regional Challenge" – the marquee of EDA's American Rescue Plan programs – that aims to boost economic pandemic recovery and rebuild American communities, including some that have been grappling with decades of disinvestment.

The Iowa Finance Authority will provide $75 million for the Water Infrastructure Fund through federal American Rescue Plan Act dollars, a news release said. The funding will support projects that are meant to reduce excess nutrients, improve drought resiliency, reduce flood risks, improve public health, promote reuse of water and wastewater, and economically benefit communities and the state.

Fundamentals of Economic Development Finance Course
January 26-27, 2022 - Daily: 12:00 - 5:00 PM Eastern

Intro Bond Finance Course
February 14-15, 2022 - Daily: 12:00 - 5:00 PM Eastern

Advanced Bond Finance WebCourse
February 16-17, 2022 - Daily: 12:00 - 5:00 PM Eastern

The Housing Credit is our nation's most important program for the production of affordable rental housing. Nearly all affordable rental housing built or preserved today relies on the Housing Credit as its primary financing source. Housing Credit production has faced significant challenges since the onset of the pandemic due to heightened construction costs caused by supply chain disruptions and labor shortages.

These Underwriter positions perform a level of work examining, analyzing, and interpreting financial and or construction data that may include but is not limited to financial statements, income statements, tax statements, profit and loss statements, cash flow, construction documents such as contracts, plans, specification, blue prints, construction budgets, feasibility studies, environmental studies, geotechnical studies, change orders, notice of completion, etc.

Northwestern Indiana Regional Planning Commission is seeking an Economic Development Specialist. The position supports delivery of economic development resources under the Economic Development Administration's (EDA) CARES Act grants for NIRPC's planning activities to meet economic development goals and objectives.

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The Infrastructure Investment and Jobs Act (the "Act") adds two categories of tax-exempt bonds that may be issued for exempt facilities and increases the amount of tax-exempt bonds authorized to be issued for one existing category of tax-exempt bond. Included are Private Activity Bonds for qualified broadband projects and Private Activity Bonds for carbon dioxide capture facilities.

The Housing and Services Resource Center was created for people who work in the organizations and systems that provide housing resources and homelessness services, behavioral and mental health services, independent living services and other supportive services, and others who are working to help people live successfully and stably in the community.

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