The U.S. Department of Energy (DOE) announced more than $16 million in funding for 14 tribal energy infrastructure projects through DOE's Office of Indian Energy. This investment will help Native American and Alaska Native communities harness their vast energy resources to reduce or stabilize energy costs, as well as increase their energy security and resilience.

Several food companies have begun using long-term contracts to stabilize costs and allow both growers and buyers to plan further into the future. Because multi-year agreements help to assure for major capital investment, they present an opportunity for advancing more sustainable agricultural practices and conservation benefits.

Called PACE, a roll-off-your-tongue acronym for Property Assessed Clean Energy, it's a municipally sponsored financing program to help your building pay for renovation projects that reduce carbon emissions and lower your energy usage.

Plano has approved an agreement that could provide hundreds of millions of dollars in public sector funding to support the redevelopment of the city's Collin Creek Mall. The mostly vacant, 37-year-old shopping mall is set to transform into a $1 billion mixed-use development with office, residential, hotel and retail space.

The Michigan Strategic Fund (MSF) has approved a resolution that would allow U.S. Steel Corp to borrow $26 million in private activity bonds to finance solid waste disposal improvements at its Ecorse and River Rouge Plants. The MSF will pay the $45,000 issuance fee. Morgan Stanley & Co LLC is underwriting the bonds.

Three major developments promising more than half a billion dollars in development around downtown with approved incentive agreements from the city. A $210M expansion of the Arena District, the $192M North Market mixed-use tower, and the $120M expansion of the gravity project in Franklinton.

Freddie Mac announced it has made its first Low-Income Housing Tax Credit (LIHTC) equity investment in tribal housing through its fund with RBC Capital Markets' Tax Credit Equity Group. The $9.4 million investment in Yavapai-Apache Nation Tribal Housing will support 35 new units targeting members of the tribe with incomes of up to 40%, 50% and 60% of area median income.

The City of Waukegan will help finance a complete overhaul of the Barwell Manor Homes public housing complexes on the city's south side. The public-private partnership is also on track to be funded using other federal HUD dollars, Illinois Housing Development Authority sources and the state's low-income housing tax credit program.

Bexar County Hospital District, Texas, expects to complete a $500 million expansion of University Hospital by 2022 with no additional debt issuance. The district issued $286 million of general obligation bonds for the project in 2018 and expects adequate cash flow to pay for the rest.

Despite President Trump's apparent zeal for investments in infrastructure, cutting the red tape on federal grants is taking longer than anticipated and a lack of transparency and consistency from the federal government's executive branch is not giving comfort to the municipal market.

CDFA is pleased to congratulate Chris Wimsatt, Vice President of Business Development, as the newest graduate of the Development Finance Certified Professional (DFCP) program. As a new graduate, Mr. Wimsatt joins numerous others who have invested in their professional development and are ready to tackle the complexities of the development finance industry.

In this webinar, CDFA will convene financing experts from the Department of Transportation and Economic Development Administration to discuss how their respective financing and grant programs can incentivize Opportunity Fund investments into Opportunity Zones. CDFA will center the discussion around programs offered through DOT's Build America Bureau and Federal Highway Administion, as well as funding programs offered by the EDA.

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