The U.S. Environmental Protection Agency (EPA) announced a $569 million Water Infrastructure Finance and Innovation Act (WIFIA) loan for a project to increase climate resilience for communities in the Fargo-Moorhead metropolitan area by reducing flood risks. This project will provide critical health and environmental protections and create thousands of jobs while EPA's WIFIA loan will save the community hundreds of millions of dollars.

Building on CDFA's Intro RLF Course, this advanced training course will provide attendees with in-depth instruction related to loan underwriting and portfolio management. Take your professional development to the next level and register today!

The Coastal Area District Development Authority has announced plans to distribute $10 million from recently secured CARES Act funding to support small businesses in coastal communities in Southeast Georgia. The CADDA CARES Act Loan Fund will play an essential role in providing access to capital to bring small businesses back to life.

California lawmakers are working on a plan to loan coastal cities money to buy beachfront properties before residents are forced to leave because of rising water levels. The California Legislative Analyst's Office estimated up to $10 billion in existing beachfront properties are likely to be underwater by 2050, and the Sea Level Rise Revolving Loan Program represents protection working to ensure residents aren't stuck with an uninhabitable home.

The Colorado Office of Economic Development and International Trade partnered with state legislators to pass 12 bills that will infuse $228 million into Colorado's economic recovery efforts. A few of the state-funded programs include Rural Jump-Start Grants, Small Business Accelerated Growth, Energize Gap Fund, Colorado Startup Loan Fund, the LONE Program, Job Growth Incentive Tax Credit, and more.

After two years, Sheboygan County has reopened the Revolving Loan Fund available through Sheboygan County's Industrial Development and Revolving Loan Agency. The Sheboygan County Economic Development Corporation will administer the loan funds, which are intended to offer a low-cost alternative financing option for small businesses and start-ups.

The Niagara County Center for Economic Development is slated to receive $500,000 for continued brownfield cleanup work, after successfully using Brownfield RLF grants in the past. This time around, the county plans to use the money for the cleanup of the former Military Road School site, which will later result in the creation of the Town of Niagara's first senior assisted living complex.

Landmark Columbus Foundation leaders have announced six Columbus Area Bicentennial upcoming events and initiatives to care for, celebrate, and advance the cultural heritage of Columbus, Indiana. This includes $600,000 in seed funding to launch the Progressive Preservation Loan Fund as a new tool to directly assist qualifying property owners by loaning capital for maintenance and improvement projects for significant buildings and landscapes.

CDFA // BNY Mellon Development Finance Webcast Series: How Healthcare is Investing in Communities
Tuesday, July 20, 2021 - 2:00 PM - 3:00 PM Eastern

CDFA-Bricker PACE Webinar Series: Advancing Multi-Family Housing & Renewable Energy Goals with PACE
Tuesday, July 27, 2021 - 2:00 PM - 4:00 PM Eastern

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This guide was created by the USDA in 2021 for community leaders and other local entities. The guide highlights four key assistance types necessary to building a stronger rural workforce: 1) Workforce development planning; 2) Infrastructure and equipment financing; 3) Industry and employer engagement, entrepreneurship, and local business development; and 4) Education, training, and apprenticeship.

The USDA Rural Development published a final rule outlining changes to the Rural Microentrepreneur Assistance Program (RMAP) on June 7, 2021. The program provides loans and grants to microenterprise development organizations to help them establish revolving loan programs to assist microenterprises, businesses with 10 or fewer full-time employees.

Recognizing the urgency of the pandemic and related crises, on June 7, 2021, the Federal Reserve Bank of New York approached the U.S. Impact Investing Alliance to write a report about the current landscape of capital sources for community investment and how emerging capital sources and strategies could help shape the future of the field.

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