Register for CDFA's Intro Federal Finance Course taking place on December 13-14 to learn the federal funding resources available to help advance economic development. Our panel of expert speakers will discuss how federal support tools can work in coordination with other development finance tools for programs and projects on the local level.

CDFA and its coalition partners submitted a $2 billion Clean Investment Accelerator for Development Finance Agencies (DFAs) proposal for the Clean Communities Investment Accelerator competition under the Greenhouse Gas Reduction Fund. Under this program, CDFA and its coalition partners will launch a 6-year accelerator program designed to serve a community lender network of DFAs to build the expertise and financial capacity of DFAs to fund qualified projects that reduce or avoid emissions of greenhouse gas and other pollutants in low-income and disadvantaged communities.

The U.S. Department of Agriculture (USDA) is investing $15.6 million in loans and grants to spur economic development, catalyze rural prosperity, and advance equity through rural cooperatives in rural North Carolina. Nationally, this announcement includes a total of $1.2 billion in awards that will support 112 projects in diverse communities and industries.

The U.S. Environmental Protection Agency (EPA) announced 59 selectees to receive over $60 million in Solid Waste Infrastructure for Recycling (SWIFR) grants for Tribes and Intertribal Consortia, and 25 selectees to receive over $33 million in Recycling Education and Outreach (REO) grants. These grants are funded under the Bipartisan Infrastructure Law and will expand recycling infrastructure and education for waste management systems across the country.

The U.S. Department of Agriculture (USDA) announced $117.5 million in investments across rural Arizona and throughout Rural Partners Network Communities to bring job growth, advance clean energy, bring high-speed internet to rural areas, and drive economic change in historically underserved areas.

President Biden announced over $5 billion in new investments from his Investing in America agenda – including the Bipartisan Infrastructure Law and the Inflation Reduction Act – to advance rural prosperity, economic development, competition, and sustainability. The funds will go toward infrastructure projects, economic development, climate-smart agriculture, broadband internet, and renewable energy projects.

Hawaii Community Lending will receive a $2.4 million loan from the U.S. Department of Agriculture (USDA) to finance 10 homes. Hawaii Community Lending is one of eight Native Community Development Financial Institutions to receive USDA funding to expand homeownership opportunities for Native communities.

The U.S. Department of Agriculture (USDA) has issued more than $1.77 billion so far in 2023 to agricultural producers and landowners through its Conservation Reserve Program (CRP), a critical piece of the Department's efforts to support climate-smart agriculture and forestry on working lands. CRP's more than 667,000 participants received payments from USDA's Farm Service Agency (FSA) for their voluntary conservation efforts on more than 23 million acres of private land.

CDFA Food Systems Finance Webinar Series: Restoring Local Food Systems Through Finance
November 28, 2023 - 2:00 PM - 3:30 PM Eastern

2023 Equitable Lending Learning Series: Program Design
December 5, 2023 - 1:00 PM - 4:00 PM Eastern

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