CDFA SSBCI Update - August 25, 2015
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Features |
Senators Stabenow, Peters, Shaheen Introduce SSBCI Extension
Senators Debbie Stabenow, Gary Peters and Jeanne Shaheen introduced the Small Business Access to Capital Act of 2015, S.1901. The bill provides an additional $1.5 billion in funds for the program. The CDFA SSBCI Coalition provides advocacy and other support to states, municipalities, and territories engaged in operating the program. Contact Jason Rittenberg at 614-705-1315 to support SSBCI and the Small Business Access to Capital Act of 2015.
SSBCI Coalition Call - September 21
Join the next SSBCI Coalition call at 614-686-7333 on Tuesday, September 21 at 2p EDT. Contact Jason Rittenberg with any questions.
U.S. Treasury Awards More Than $18.7M in SSBCI Funds to Ohio
The State of Ohio received an additional $18.7 million in SSBCI funds. According to the Delphos Herald, Ohio's SSBCI funds have created or retained nearly 7,000 jobs.
Treasury Awards Over $4.3M to Help VI Small Businesses
The Virgin Islands have received $4.3 million in SSBCI funds according to the St. Croix Source. The funds will be disbursed by the Virgin Islands' Economic Development Authority.
CA Receives Third SSBCI Tranche
As reported by the Central Valley Business Journal, the U.S. Department of Treasury is authorizing the final disbursement of $57 million in federal funding to help the state's small businesses according to State Treasurer John Chiang and California Infrastructure and Economic Development Bank (IBank) Executive Director Teveia Barnes.
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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 visit 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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