CDFA Revolving Loan Fund Finance Update - December 11, 2018
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Features |
RLF a Part of HI's Plan to Double Food Production by 2020
The state has bought land on all of Hawaii's islands to lease out to farmers, is building and enhancing slaughterhouses and is working to attract large producers. Among the incentives: a low-interest revolving loan fund, a feed subsidy for livestock farmers and state grants to help livestock producers reestablish and expand their herds.
New Report Strengthens Economic Case for Flood-Prepared Infrastructure
From elevating roadways in Nebraska to moving wastewater treatment plants away from flood plains in Iowa, proactive measures before flooding can provide a major return on investment, according to a new report from the National Institute of Building Sciences (NIBS).
Butler County, OH Bond Rating Upgrade Carries Big Benefits
The Port Authority is currently just a "conduit" to bring in developments — they don't issue loans to help businesses come here on their own — the rating upgrade won't effect them at the moment. But they are talking about establishing a RLF and the bond rating would come into play at that point.
CO Business Incubator Applies for State Grant to Recapitalize RLF
The loan fund, started in 1986, is used to help budding or struggling businesses that can't get financing through other means. Since the program started, the incubator has issued nearly $27 million in loans, only about $7 million of which came from grants to support the program.
The Co-op That's Keeping Community Money Out of Big Banks
A nonprofit consortium of investors, financial organizations, and community development groups known as the Financial Cooperative is set up as a revolving loan fund with $7 million available for lending, and hopes to raise $20 million within the next five years.
NH to Get $27M EPA Loan
U.S. Environmental Protection Agency officials confirmed the $27 million distribution from two funds: the Clean Water State Revolving Fund and the Drinking Water State Revolving Loan Fund. Financing can be used to improve drinking water treatment systems and improve the source of water supply.
Revolving Business Loan Fund Passes in Mayville, WI
The Mayville Common Council voted to launch a revolving loan fund program, a concept that Mayor Rob Boelk campaigned on during the spring election. The fund will provide businesses with a loan and be replenished as the loans are paid back with interest. The idea is that businesses can use the loans to expand and take care of projects they may need.
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Upcoming Events |
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Headlines |
Brownfield RLF Could Support IN Church Cleanup
WANE | Dec. 10 | Brownfield Financing | Revolving Loan Funds (RLFs)
Bowling Green, OH RLF Marks $5M Issued
Sentinel-Tribune | Nov. 27 | Revolving Loan Funds (RLFs)
RLF Proposed to Support Affordable Housing in Portland, OR
The Hollywood Star News | Nov. 27 | Community Development | Revolving Loan Funds (RLFs)
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The Council of Development Finance Agencies (CDFA) is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private, and non-profit entities alike. For more information, visit www.CDFA.net or email info@cdfa.net
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Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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