The Michigan Strategic Fund board has authorized vital funds for Bedrock Management Services' long-anticipated transformation of some of the highest profile brownfield properties in the state.

In this blog post, CDFAs own Katie Kramer discusses the basics of Opportunity Zones and how this tax incentive could be used to spur investment into low-income and underserved communities across the country.

States can now apply an emerging and innovative use of SRFs known as "sponsorship" that allows public, nonprofit and private entities access to financing necessary to implement land conservation and restoration projects that benefit local water quality.

Veteran financier Jacob Schirmer has been named Managing Director of the Commonwealth Infrastructure Fund (CIF), a privately managed fund formed last year to support investments in public-private partnerships (P3s) in Kentucky.

The Michigan Good Food Fund is offering $100,000 in new Catalytic Investment Awards to grow Michigan food businesses. Applications must be completed online by June 1, 2018 with awards announced mid-June.

The new Opportunity Zones Explorer, released by the Federal Reserve Bank of St. Louis, allows you to view designated opportunity zones for each state. The Explorer also includes data on displacement risk and investment score.

This migration – accomplished in February of 2018 – marks the completion of a second major step in SBA's long-term strategy to streamline the SBA 504 loan process for small business borrowers and the nation's Certified Development Companies (CDCs).

The House rejected the $867 billion farm bill — after spending days negotiating with key conservatives in an attempt to pass the bill without the support of Democrats.

President Trump is expected to sign a bill passed by Congress on Tuesday that will make tradable, investment-grade municipal securities high-quality liquid assets under bank liquidity rules.

Harvey, Illinois, revenue bondholders won a partial victory this week when the state comptroller concluded they will continue to get first crack on local home rule sales tax collections.

CDFA staff and technical assistance providers traveled to Fresno, California to provide financing suggestions for the Saint Rest Baptist Church (St. Rest) campus along the Elm Avenue Corridor in Southwest Fresno. Among desired campus amenities are green space, recreational facilities for youth, and housing for seniors within the community. The team also consulted with the City of Fresno to provide financing strategies for redevelopment of other sites throughout the Elm Avenue corridor.

During this webinar you will hear from several pioneer DFAs about how they are working with foundations to leverage impact investments. This webinar is free for all CDFA members so tune in and learn more about this exciting new prospect for DFAs across the country!

In this webinar, experts on USDA financing programs will be on hand to discuss the myriad rural development finance programs offered by the USDA, as well as how rural communities can effectively access and deploy USDA grants and loans. The focus of the webinar will be on the Community Facilities (CF) Program, the Rural Energy for America Partnership (REAP), and Rural Business Development Programs.

The National Development Council is hiring a new East Field Director that will provide expert technical assistance and development services for commercial and residential development and small business expansion in the New York tristate area.

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