CDFA's white paper documents the potential of a collaboration between impact investors and high performing Development Finance Agencies (DFAs) to fill the capital gaps facing cities and neighborhoods working to support urban revitalization and to accelerate DFAs as a major source of capital to grow, create jobs and spur economic and community development.

States had a cheaper option for investing in infrastructure, but they didn't take it. Now, they must pay the price.

Transportation reinvestment zone (TRZ) that allows local governments to set aside local match contributions for the transportation projects most critical to their communities. TRZs create transportation project funding by capturing and leveraging the increase in real estate/land development value resulting from a transportation project.

Last week Senator Tom Cotton, a Republican from Arkansas, introduced the Protecting Americans From Credit Exploitation (PACE) Act, which requires PACE issuers to follow the same regulations and disclosures as banks and mortgage lenders. It would do so by subjecting PACE financing to the Truth in Lending Act that requires certain disclosures for mortgages.

For more than a decade, Connecticut has had a state historic tax credit (HTC) administered by the Connecticut Office of Culture and Tourism (CCT). The program now has a project cap of $4.5 million and the program cap was more than doubled to $31.7 million per fiscal year.

The Start-Up NY program, which designates tax-free zones for businesses near state universities, created 757 new jobs last year, compared to the 332 jobs it helped create in 2015. In 2014 — the program's first year — around 75 new jobs were created. Around 200 companies throughout New York state are now involved in the program.

St. Louis, St. Louis County and the public agency that owns the Edward Jones Dome is seeking compensation from the NFL over the city's loss of the Rams franchise last year. The lawsuit alleges that the team violated league policy to "operate in a manner that maximizes fan support in their current home community."

NABL urges OMB to force SEC to be more realistic in estimating burdens for disclosure proposals.  One reason for the taking matters up with the OMB is President Trump's executive order from January aimed at reducing regulation and controlling regulatory costs that is binding on OMB and is expected to be a guidepost for independent agencies like the SEC.

Join us, as our expert speakers provide an inside look into how the recent double allocation of New Markets Tax Credits can be leveraged and explore challenges that may still exist when connecting projects with funding.

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, CDFA has partnered with Heritage Ohio to explore the wealth of financing tools available to redevelop historic theaters, including 501(c)(3) bonds, TIF, tax credits, and other creative programs. Join us for this special discussion as we highlight success stories from historic theaters across the U.S.

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