Coming Up Next Month: CDFA's Intro and Advanced Bond Finance WebCourses
Join CDFA for our upcoming Bond Finance Week! The Intro Bond Finance WebCourse will take place on March 4-5 followed by the Advanced Bond Finance WebCourse on March 6-7. Register for one or both of these courses to learn from experts about how to bring economic growth to your community by utilizing the vast resources of the bond finance industry.
USDA Rural Development Invests $9.3M in West Virginia Communities
The U.S. Department of Agriculture (USDA) Rural Development is investing $9.3 million to improve access to clean water and reliable sewer systems in West Virginia. The town of Triadelphia has been dealing with old water and sewer utilities, specifically, the sewer collection system that currently has excessive inflow and infiltration, causing a variety of costly environmental issues. The town will look to utilize its $1.6 million grant to improve these utilities in their community.
Applications Now Open for the 2024 Caren S. Franzini Fellowship
The Caren S. Franzini Fellowship was created to develop and recognize outstanding women in the field of development finance for their leadership and dedication to the advancement of the industry. This 6-month fellowship program, run through the CDFA Foundation, is open to women employed by a CDFA member organization who have worked in the development finance industry for less than 10 years. Apply by Friday, March 15!
USDA Invests $3.3M in Clean Energy Projects to Strengthen Ohio Farms and Businesses
The U.S. Department of Agriculture (USDA) Rural Development State Director, Jonathan McCracken announced that the Department is investing more than $3.3 million in renewable energy projects to lower energy bills, generate new income, create jobs, and strengthen competition for U.S. farmers, ranchers, and agricultural producers.
The CDFA Federal Policy Conference is back!
CDFA is excited to host the 2024 Federal Policy Conference on April 2-3 in Washington, D.C.! The conference will include sessions featuring the SSBCI, the 2024 Farm Bill, clean energy and infrastructure investments, the 2024 election, and much more. Join federal agency and development finance industry experts and leave with a better understanding of the tools, resources, and regulatory changes impacting the entire federal development finance spectrum. Register today!
Kansas Communities Receiving $1.4M in Rural Economic Development Grants
Multiple projects across Kansas will receive almost $1.4 million in funding from the Historic Economic Asset Lifeline (HEAL) grant program. The program aims to help rural communities revitalize downtown buildings and create safer downtowns with more job opportunities.
Toby Rittner Featured in The Bond Buyer, Discussing Bonds & TIF to Support Casino Development in Aurora, IL
Toby Rittner, CDFA President and CEO, was interviewed by The Bond Buyer to discuss the city of Aurora's strategic use of bonds and tax increment financing (TIF) districts to support a new casino development. Within the $360 million total cost, the city's $50 million will come from a taxable bond issue, with the bonds paid back using revenues from the increment of one of Aurora's TIF districts. While sharing TIF components, Mr. Rittner also addressed the importance of trust, transparency, and inclusiveness.
USDA Invests $45M in Projects for Small Business and Public Works in Rural Iowa
The U.S. Department of Agriculture (USDA) Rural Development State Director in Iowa, Theresa Greenfield announced that the Agency is investing $1 million in multiple grants and $44 million in five loans to projects in Iowa that promote rural small businesses, provide technical assistance, and support public works infrastructure.
Multi-Million Grant Aims to Create Infrastructure, Expand Biofuel Sales in Michigan
A multi-million grant provided by the U.S. Department of Agriculture (USDA) could help boost biofuel sales in Michigan. USDA Rural Development Director for Michigan, Brandon Fewins announced the state would be receiving a $5 million grant.
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