The CDFA Federal Policy Conference will highlight policies and programs at the federal level and will feature development finance experts and practitioners from key federal agencies, congressional offices, and policy organizations. Attendees will have access to networking opportunities with a dozen federal agencies, a federal grant application writing workshop, and so much more. Register now to secure your spot!

Hungry? Feast on CDFA's Intro Food Systems Finance WebCourse on December 11-12. Attendees will be served with innovative financing approaches for local food systems. Don't miss out on this delicious offering from the CDFA Training Institute.

The Growing Renewable Energy and Efficiency Now (GREEN) Act, a discussion draft distributed to Congress on November 19th, proposes to extend several tax credits for clean energy deployment and expand several others. This independent analysis quantifies the combined impact of most major provisions of the proposal on both technology deployment and GHG emissions, through 2030.

The Mahoning Valley Economic Development Corporation was just awarded a $1.6 million grant from the U.S. Economic Development Administration to start a Revolving Loan Fund. The $1.6 million will be matched by $400,000 in local funds. The RLF is expected to help create 200 jobs, retain 55 jobs, and generate $9 million in private investment.

A $400 million development plan for the downtown should take care of three of the city's most problematic properties when it comes to revitalizing the waterfront. The Pawtucket Tax Increment Financing district legislation passed by the General Assembly in June and the federal opportunity zone designation for the proposed project area are two major factors in making this project feasible.

In Private Letter Ruling 201946007, the IRS allowed a tax equity investor to participate with a regulated utility in a tax equity financing arrangement for wind investments without being subject to the tax normalization rules. Before PLR 201946007, there was significant uncertainty as to whether a tax equity investor could enjoy the full benefit of accelerated depreciation from an investment partnership with a regulated utility due to the possible application of the tax normalization rules.

Another affordable rental housing funding crisis is brewing–a crisis in the supply of private activity bonds (PABs). For many years, the demand for PAB cap has been less the supply. The national carryforward amount–the unused cap from the previous three years–has been at least $32 billion each year since 2008. That landscape is rapidly changing, already forcing some states to make difficult decisions.

Taxpayers interested in claiming the Ohio Opportunity Zone Tax Credit (OZ Tax Credit) for the tax year 2019 should be aware that the window to apply for the first-come, first-served tax credit will open at 10:00 am on January 2, 2020 EST. The window to apply will close at 5:00 pm EST on January 31, 2020.

The Bond Buyer has just announced its 2019 Deal of the Year. Finalists were selected in categories that included innovative, small issuer, midwest, southeast, P3, far west, healthcare, northeast, southwest, and ESG/green. CommonSpirit Health's $6.5 billion financing received the Deal of the Year award.

The muni market primary was busier than expected, as two mega deals priced one day early to take advantage of current market conditions. RBC priced New Jersey Transportation Trust Fund Authority's (Baa1/BBB+/A-) $1.69 billion of transportation system federally taxable bonds. RBC also priced NJTTFA's $619.28 million of transportation system tax-exempt bonds.

A coalition of affordable housing organizations wants California's state treasurer to allocate $4 billion, the majority of the state's expected 2020 private activity bond allocation, to affordable housing.

From crowdfunding to co-ops, during this installment of the CDFA // BNY Mellon Development Finance Webcast Series, we will learn about the tools that are being used to bridge the financing gap and make local economies work.

Rural communities commonly have difficulty financing middle-mile and last-mile broadband infrastructure. The Massachusetts Broadband Initiative and the Wyoming Broadband Advisory Council represent two state-level entities attempting to bridge the middle-mile and last-mile broadband gaps. One potential solution for this issue is to construct a fiber-optic network for municipal usage and lease the excess capacity (also called "dark fiber") to telecommunications providers to generate revenue. During this webinar, speakers will discuss solutions to financing middle-mile and last-mile fiber-optic networks.

We are looking for the next leader of Business Oregon, someone who has the leadership, skills, passion, and drive to create prosperous opportunities for all Oregon communities, in both the metropolitan and rural areas of our state. Our next leader must have the skills and ability to build relationships and engage with veteran, women, and minority owned businesses and entrepreneurs to help them bring their visions to life here in Oregon.

>>> SEARCH HEADLINES