Say goodbye to traditional online learning and hello to a faster, smarter way to advance your career. The CDFA Summer Institute delivers a complete, comprehensive development finance education in half the time! This year, CDFA is debuting an all-new executive format, designed for busy professionals. Learn how Bonds, Tax Increment Financing, Tax Credits, and Revolving Loan Funds work—all in one week! All five courses are eligible for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Register for all five courses and fast-track your path to certification!

Minnesota Governor Tim Walz announced a new round of $33.3 million in SSBCI 2.0 funds distributed to 225 emerging and expanding small businesses across 44 cities. This capital aims to fuel growth, entrepreneurship, and statewide job creation. It represents the most recent state deployment of SSBCI funds, building on the nearly $30 million already disbursed in earlier rounds. This round of SSBCI funding is part of Minnesota's $97 million total allocation through the state's strategic partnership with the Department of Employment and Economic Development (DEED). This initiative was established under the federal American Rescue Plan Act of 2021. To date, DEED has deployed $29.5 million in SSBCI funds to assist 160 businesses across 44 cities.

CDFA is excited to announce the agenda for the 2025 National Development Finance Summit in San Juan, PR, October 8-10! We're proud to bring you a diverse schedule designed around the most pressing issues in our industry and inspired by our conference location: Puerto Rico. Join us for breakout sessions covering topics like Housing Finance, Opportunity Zones, Clean Energy, Food Systems, Disaster Recovery, Bridging Gaps in Federal Finance, and much more. Look forward to special Puerto Rico development spotlights and collaborations with local San Juan organizations you can't get at any other conference. You won't want to miss our Signature Event: The Community Capital Collaborative connection-building session. Check out the agenda and register today!

U.S. Treasury has raised its net marketable borrowing forecast for July-September 2025 from roughly $554 billion to over $1 trillion, driven by a sharp fall in Treasury cash balances amid fiscal strains following the "One Big Beautiful Bill" legislative package. The fiscal shift aligns with the administration's preferred strategy of leaning heavily on short-term Treasury bills (T-bills) rather than long-term bonds. At the same time, the Treasury is evaluating debt buybacks, particularly in longer-dated 20- and 30-year bonds, to enhance liquidity and reduce cost pressures is demand softens.

The USDA has abruptly discontinued the Regional Food Business Center (RFBC) program, ending nearly all grant support to small and mid-sized farm and food businesses across Nebraska, Iowa, Kansas, Missouri, Oklahoma, and northwest Arkansas. The Heartland RFBC, slated to wind down by September 15, 2025, had already awarded just $3.7 million from an anticipated $12 million pot, leaving the second round of funding canceled despite previously planned dispersed grants. The termination signals a major disruption in local food supply chain strengthening efforts and access to technical and market support resources. Although regional partners, like the Heartland Center, are exploring self-funded continuations, the cuts significantly narrow credit and capacity-building options for small food enterprises in the Heartland region.

The Economic Development Coordinator performs a variety of administrative, technical and professional functions in preparation of economic and community development plans, programs and services. Assist businesses with local and state permitting processes and will provide research, as needed, for special town development projects. The Economic Development Coordinator position may perform a variety of duties within the Office of Economic Development including administrative, technical, financial and/or other professional functions in preparation of economic and/or community development plans, programs, projects, finances and/or services. May assist businesses with local and state permitting processes and may perform research and/or analysis as needed for management ad-hoc requests, presentations and projects under consideration. Applications close August 19.

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