Linking development finance and food systems can be a daunting undertaking for any community. Research on the current ecosystem of food systems finance has positioned CDFA to identify key strategies for the path ahead in this work. The Food Systems Finance Best Practices Guidebook defines how traditional development finance tools can be used to launch and expand food and agricultural-related businesses and projects and create successful food systems finance programs at the local and regional levels.

MassDevelopment has issued a $36 million tax-exempt bond on behalf of The Park School, a nonprofit, coeducational day school for grades pre-K through eight, which will use a portion of bond proceeds to fund several capital projects on its campus at 171 Goddard Ave.

CDFA is proud to kick off the new year with the return of the Fundamentals of Economic Development Finance Course on January 25-26, 2023! This course will help attendees understand the variety of development finance tools available including bonds, tax credits, tax increment financing (TIF), federal financing programs, RLFs, Opportunity Zones, and access to capital lending resources.

Washington Governor Jay Inslee unveiled a two-year state budget plan that would put more money toward expanding behavioral health services and reducing homelessness. On top of the spending blueprint, Inslee is proposing a $4 billion bond measure that would provide money to catalyze the building of thousands of new affordable housing units in the next six years.

The Trussville City Council approved the adoption of an ordinance respecting the issuance by The Public Building Authority (PBA) of its $7,700,000 Lease Revenue Bonds (Civic Center Annex Project) and its $9,225,000 Lease Revenue Bonds (Fire Station Project) during a special called meeting Thursday, Dec. 8.

U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced that the department has allocated $981 million for 242 projects to help create new and improved market opportunities and expanded essential services for rural communities and businesses across the country, The funding will help keep resources and wealth in rural communities through affordable financing and technical assistance, allowing rural businesses to begin and expand.

The U.S. Department of Transportation (DOT) announced that its Build America Bureau has provided a low-interest loan of up to $48.2 million to the Minnesota Department of Transportation and Minnesota Management and Budget. Funding will be used to reconstruct 12 miles of Highway 14 to a four-lane, divided highway from the City of New Ulm to the City of Nicollet, bypassing the City of Courtland – helping to improve safety on a critical rural highway.

Voters across New York state approved a $4.2 billion environmental bond measure during last week's midterm elections that is intended to bolster climate mitigation and land preservation projects. Known as the Clean Water, Clean Air, and Green Jobs Environmental Bond Act, the funding for the bill comes from general obligation bonds, or a type of municipal debt security that allows the state to borrow money to invest in capital projects. 

CDFA // BNY Mellon Development Finance Webcast Series: Financing Approaches to Meet Affordable Housing Needs
Tuesday, December 20, 2022 - 2:00 PM - 3:00 PM Eastern

SSBCI Learning Series - Compliance: Program Reporting Requirements
February 16, 2023 - 2:00 - 4:00 PM Eastern

>>> VIEW THE BOND RESOURCE CENTER   

Linking development finance and food systems can be a daunting undertaking for any community. Research on the current ecosystem of food systems finance has positioned CDFA to identify key strategies for the path ahead in this work. The Food Systems Finance Best Practices Guidebook defines how traditional development finance tools can be used to launch and expand food and agricultural-related businesses and projects, and create successful food systems finance programs at the local and regional levels.

>>> EXPLORE BOND FINANCE RESOURCE CENTER