CDFA Winter Institute — Five Core Development Finance Course in One Week!
The all-new CDFA Winter Institute debuts February 23-27, 2026! 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! Early Bird rates end February 6!
A Municipal Debt Boom Is Driving Public Projects and Tax Breaks for Investors
Across America, state and local governments have been selling bonds at a record clip to finance projects like airports, roads, and utilities. They have found a deep pool of buyers keen on realizing the tax-exemption benefits from holding this municipal debt, which also provides relatively high returns.
OZ 2.0 Tract Eligibility Data Coming Soon
New U.S. Census Bureau data that will determine OZ 2.0 eligibility is scheduled to be released on Thursday, January 29, 2026. But with a potential government shutdown looming, questions remain about whether Treasury's official list of eligible census tracts could be delayed. Learn more about what the data release means for OZ 2.0.
Arvest Opportunity Fund Lands $70M in Tax Credits
A total of $70 million in New Market Tax Credits, designed to help banks support affordable housing, small businesses, growth development, manufacturing, and essential community infrastructure, has been awarded to the Arvest Opportunity Fund. Hillis Schild, executive director of the fund, said such projects meet critical community needs, but often struggle to secure traditional bank financing.
Mobile, AL, Opens $50M Revolving Loan Fund to Support Economic Development
The City of Mobile has opened a $50 million revolving loan program that will provide low-interest loans for economic development projects. The money to establish the loan fund comes from the federal government and was approved by Congress in 2023. It will be administered by the City of Mobile in coordination with the U.S. Department of Housing and Urban Development. The fund will allow the city to support projects that strengthen its economy while also creating a sustainable source of funding to support future investments.
Pflugerville, TX, Approves $80M in Bonds for Water Pipeline, Treatment Plant Upgrades
Pflugerville City Council unanimously approved two ordinances authorizing more than $80 million in certificates of obligation bonds to fund major water infrastructure improvements, including a secondary raw water pipeline and upgrades to the city's water treatment plant. The bonds will be sold to the Texas Water Development Board, allowing the city to secure interest rates significantly lower than those available on the public market.
C-PACE Financing Gains Momentum as Developers Rethink Office Assets
In 2022, Philadelphia-based development firm Post Brothers bought two office buildings on Connecticut Avenue in Washington, D.C., with plans to convert them into approximately 530 residential units. Ultimately, a $465 million Commercial Property Assessed Clean Energy (C-PACE) loan from Nuveen Green Capital in December of 2025—billed as the largest ever originated under the program—made the conversion possible. The project, dubbed The Geneva, is a sign of the C-PACE program's rapidly expanding role as a source of capital for development projects.
Public Finance Network & CDFA Send Letter to Congress Asking for Continued Protection of and Enhancements to Tax-Exempt Bonds
A coalition of public finance groups is thanking Congress for protecting municipal bonds and is asking lawmakers to strengthen and expand how these bonds can be used to pay for public infrastructure. The coalition strongly supports keeping the tax exemption on municipal bonds. If Congress were to cut or eliminate it, borrowing would become more expensive, forcing states and cities to delay projects, raise taxes, or cut services—especially during economic downturns.
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McGuireWoods
With 1000 lawyers and 21 strategically located offices worldwide, McGuireWoods LLP uses client-focused teams to serve public, private, government, and nonprofit clients from virtually every area of the law. To complement their services, they offer...
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MuniCap, Inc.
MuniCap, Inc. is a public finance consulting firm based in Columbia, Maryland that specializes in the public finance aspects of redevelopment. MuniCap is headquartered in Columbia, Maryland, with additional offices located in Dallas, Texas,...
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PGAV Planners, LLC
PGAV is a global leader in planning, design, and development consultation to public, corporate, and institutional clients. For more than fifty years, PGAV has created unique approaches and solutions to community planning and development issues, and...
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