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Development Finance Review Weekly - July 9, 2026


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Development Finance Review Weekly
July 9, 2026
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The CDFA Development Finance Review Weekly: This Week's Industry Highlights

This Week's Features
CDFA and NCOSAFP to Host MAMBA Briefing
Now that the Modernizing Agricultural and Manufacturing Bonds Act (MAMBA) has been introduced in both the House and Senate, join CDFA and the National Council of State Agricultural Finance Programs (NCOSAFP) on July 14 at 4:00 PM Eastern for a briefing on the legislation. We'll discuss the bill's key provisions, its impact on manufacturers and first-time farmers, and what this means for the development finance community.

Fast-track Your Professional Growth at CDFA's Summer Institute
The CDFA Summer Institute delivers a complete, comprehensive development finance education in half the time! Over five days, we're offering five 6-hour streamlined learning experiences from the CDFA Training Institute, making it easier than ever to take multiple courses. Learn how Bonds, TIF, Tax Credits, and Revolving Loan Funds work—all in one week! Register for all five courses and fast-track your path to certification.

Take the 2026 Franzini Fellows' Survey: Shape the Future of Small-Scale Development
Small-scale development projects play a critical role in revitalizing communities, but they often face unique financing and capacity challenges. CDFA's Caren S. Franzini Fellows are gathering feedback from development finance professionals to identify barriers, highlight successful strategies, and explore ways to provide better support. Share your perspective through this brief survey and help guide future recommendations for the industry.

Arizona IDA Closes $270M P3 Financing for University of Arizona Student Housing
This financing will support the development of a new, approximately 1,368-bed student housing community on The University of Arizona campus, helping meet growing student housing demand. The project represents the power of a public-private partnership (P3) financing model—bringing together The University of Arizona, Collegiate Housing Foundation, Mortenson, RBC Capital Markets, and many other dedicated partners to deliver critical campus infrastructure through an innovative financing approach.

James Carras's "Capital as a Human Right," Article Featured in Prestigious Publication, Campions Access to Capital
2019 CDFA Lifetime Achievement Award winner, James Carras's article "Capital as a Human Right," has been included in the Harvard Carr-Ryan Center for Human Rights publication, "Self-Evident Truths: The 250-Year Pursuit of Human Rights in the United States of America" — released as part of the America250 commemoration. The piece explores the belief that access to capital is foundational to whether people can exercise their rights to housing, opportunity, and economic self-determination.

New Jersey Legislature Votes to Eliminate $250M in AI Data Center Tax Credits
Assemblyman Andrew Macurdy (D-Summit) hailed the overwhelming bipartisan support for legislation eliminating $250 million in uncommitted tax credits for artificial intelligence and data center projects after the General Assembly approved the measure by a 74-4 vote. The bill redirects $250 million in uncommitted tax credits previously reserved for AI and data center construction to other economic development priorities under the Next New Jersey Program.
CDFA Summer Institute

Upcoming Webcasts
CDFA Opportunity Zones Learning Series: Tract Nominations Updates, and Strategies to Connect with Fund Managers
July 16, 2026 - 1:00 PM - 2:30 PM Eastern

CDFA // BNY Development Finance Webcast Series: Redeveloping Underutilized Land and Brownfields with Bonds
July 21, 2026 - 2:00 PM - 3:00 PM Eastern
National Headlines
Alcazar Hotel TIF Deal Would Keep Cleveland Heights-University Heights Schools Taxes Intact
Ceveland.com | Jul. 8 | Economic Development | Tax Increment Finance (TIF)

Bipartisan Housing Bill Set to Become Law Friday, With or Without Trump's Signature
The Washington Times | Jul. 8 | Housing Finance | Legislative

Bond Yields Jump as Surging Oil Prices Spark Renewed Inflation Fears
Yahoo Finance! | Jul. 8 | Bond Finance

CDRLF Loan Program Offers Additional Opportunities
National Credit Union Administration | Jul. 8 | Revolving Loan Funds (RLFs)

C&C Development Opens 60-Unit Community in Southern California
Affordable Housing Finance | Jul. 8 | Housing Finance

Kansas Lawmakers Hear about Potential $1.1B in Lost Property Taxes from Industrial Revenue Bonds
Kansas Reflector | Jul. 8 | Bond Finance

Qualifying for Solar Tax Credits Beyond the July 4th Deadline
PV Magazine | Jul. 8 | Energy Finance | Tax Credits

Report Says High Costs for U.S. Farmers Put Them Behind Global Competitor
Des Moines Register | Jul. 8 | Agriculture Finance | International

School City of Mishawaka Looking to Secure $7M in Bonds for Repair Projects
WSBT | Jul. 8 | Bond Finance | Education | Infrastructure Finance

Ways and Means Republicans Advance Hospital Transparency Bill Targeting Tax-Exempt "Waste, Fraud, and Abuse"
Washington Reporter | Jul. 8 | Healthcare | Legislative

$36M Fund Launched to Raise Capital for Former Harrah's Reno Project
CDC Gaming | Jul. 8 | Opportunity Zones | Redevelopment

Housing Disruptor: HVN Development's New Model for Affordability
Affordable Housing Finance | Jul. 7 | Housing Finance

Opportunity Zones Enter Transition Phase, Putting Pressure on 2026 Exit and Development Timing
The National Law Review | Jul. 7 | Federal | Opportunity Zones

ROAD Act Poll Shows Support As Trump Decision Nears
National Mortage Professional | Jul. 7 | Federal | Housing Finance | Legislative

San Rafael: Are Opportunity Zones Coming To The Canal?
Bay City News | Jul. 7 | Economic Development | Opportunity Zones

Urbana Getting State Tax Credit Toward Creating Affordable Housing
WCIA | Jul. 7 | Housing Finance | Tax Credits

Council Approves Project, Deploying TIF to Fund a 48-Unit Affordable Housing Development
Northwoods Star Journal | Jul. 6 | Housing Finance | Redevelopment | Tax Increment Finance (TIF)

New Fannie Mae Condo Rules Offer Stability to South Florida's Housing Market
South Florida Agent Magazine | Jul. 6 | Housing Finance

Six Kentucky Communities Get $11.5M to Redevelop Brownfields
KentuckyToday | Jul. 6 | Brownfield Financing | Revolving Loan Funds (RLFs)

State Revolving Fund Loan Commitments FY2026 - Q4
Iowa Economic Development & Finance Authority | Jul. 6 | Green Finance | Revolving Loan Funds (RLFs)

TEDCO Announces State Small Business Credit Initiative Investment in Irazú Oncology
citybiz | Jul. 6 | State Small Business Credit Initiative (SSBCI)

Traverse City Commissioners Reject Ballot Wording for Downtown TIF Plan
910 News | Jul. 6 | Economic Development | Tax Increment Finance (TIF)

South Dakota Board Advances Rules Allowing $30M in Airport Loans from Housing Fund
kotatv.com | Jul. 5 | Housing Finance | Infrastructure Finance | Revolving Loan Funds (RLFs)

USDA Reinstates $127M in Land Access Grants After Court Order
Tribal Business News | Jul. 5 | Federal | Tribal Finance | U.S. Dept. of Agriculture (USDA)

Kansas City Kicks in $235M to Expand KC Current Stadium and Develop Riverfront
KCUR | Jul. 3 | Economic Development | Tax Increment Finance (TIF)

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In Case You Missed It
CDFA // BNY Mellon Development Finance Webcast Series: Investing in Resiliency with Green and Blue Bonds
Job & RFP Postings
Maryland DHCD - Energy Quality Assurance Inspector
The Quality Assurance Inspector will assist DHCD programs achieve production goals and ensure compliance with program rules and regulations. This position is responsible for evaluating the work performed by Energy Retrofit Service Providers. Tasks include conducting site visits, performing desk-top data monitoring, and providing training and technical assistance to the service providers. Filing Deadline 7/16/2026
CDFA President's Club
BNY Bricker Graydon Wyatt LLP CohnReznick Colorado Housing and Finance Authority FBT Gibbons Grow America | Formerly NDC Hawes Hill and Associates LLP Hawkins Delafield & Wood LLP Ice Miller LLP KeyBanc Capital Markets Kutak Rock LLP McGuireWoods MuniCap, Inc. PGAV Planners, LLC SB Friedman Development Advisors Stifel Nicolaus The Bond Buyer U.S. Bank Wells Fargo Securities


The Council of Development Finance Agencies 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 about CDFA, visit www.cdfa.net or email info@cdfa.net.

Council of Development Finance Agencies
425 Metro Place N., Suite 460
Dublin, OH 43017
(614) 705-1300
info@cdfa.net

 

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CDFA President's Club

  • BNY
  • Bricker Graydon Wyatt LLP
  • CohnReznick
  • Colorado Housing and Finance Authority
  • FBT Gibbons
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • PGAV Planners, LLC
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
Become a CDFA President's Club Member