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CDFA Food and Agriculture Finance Update
November 8, 2016
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NCOSAFP & CDFA Food and Agriculture Finance Update


Welcome to the Food & Agriculture Finance Update
NCOSAFP in parnership with CDFA is proud to announce the launch of the new Food & Agriculture Finance Update newsletter. This new, free, monthly newsletter will feature news, resources, case studies, and event information focused on the food and agriculture finance industry. Subscribe today for highlights in the food and agriculture finance industry delivered monthly to your inbox. We will send the first two editions of the newsletter to our entire network and then only to those who subscribe. Sign up today to get the new Food & Agriculture Finance Update.

MN Rural Finance Authority to Offer Zero Interest Loans
The Minnesota Rural Finance Authority (RFA) has lowered its interest rate on the Disaster Loan program to zero percent to help farmers cover the costs to replace and repair items lost or damaged due to flooding and not covered by insurance.

Grow Appalachia to Leverage Nearly $1M for Ag and Food Systems
As a program of Berea College, Grow Appalachia will work with partners throughout the southeastern Kentucky region to strengthen year-round growing efforts, agricultural economic development, and local food networks.

KY Agricultural Development Board Approves $1.8M in Funding
The Kentucky Agricultural Development Board approved $1,805,557 for 34 agricultural diversification and rural development programs across the commonwealth at its monthly board meeting.

USDA Awards $26M for Local Food and Direct Market Projects
The USDA awarded over $26 million in Farmers Market and Local Food Promotion Program (FMLFPP) grants to nonprofits, community based organizations, farmer co-ops, private businesses and local governments for more than 100 direct-to-consumer and local food marketing projects.

Nixon Budget Cuts Anger Agriculture Industry
Nixon cuts more than $4 million from state agriculture programs as part of a larger budget cut package. That included $2.9 million from the deferred biodiesel subsidy transfer and $1 million for the dairy revitalization program.

Healthy Food Financing Programs Across the Country
The Food Trust provides a list of healthy food financing programs across the country. This list includes all of the program's partners, funding sources, and types of financing.

USDA Announces $26M Investment to Spur Agricultural Innovation
Agriculture Secretary Tom Vilsack announced the investment of $26.6 million by the U.S. Department of Agriculture (USDA) into 45 projects that will spur innovative conservation initiatives on both rural and urban farms across the country. Public and private grantees will provide matching investments, bringing the total value of support to $59 million.

Food Hub Financial Benchmarking Study
Counting Values presents a set of financial and operational performance benchmarks for food hubs. This study aims to establish the basis for comparing results across a business sector that is both new and multipurpose.

Update to the RI Food Assessment: 2011-2016 and Beyond
This assessment from RI Food Policy Council describes the then-current capacity of RI's food system, identified priorities for the RI FPC and other stakeholders working to increase community food security, described the gaps in the state's food system and identified assets that could be leveraged to fill those gaps.

Food & Agriculture Finance News

MN Department of Agriculture Makes $2M Available for Research
Minnesota Department of Agriculture | Oct. 17 | Agriculture Finance | State Finance Program

Hurricane Matthew Hits Agriculture Hard
The Robesonian | Oct. 17 | Agriculture Finance | Disaster Recovery & Relief

Innovation Grows Local Food Economies in NY
USDA | Oct. 17 | Agriculture Finance | Food Systems Finance | Innovation Finance | Rural Development | U.S. Dept. of Agriculture (USDA)

College Park Receives USDA Urban Farm Grant
Atlanta Journal-Constitution | Oct. 13 | Agriculture Finance | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

Tax Incentives Support Kentucky Fresh Harvest Greenhouses
The Lane Report | Oct. 10 | Agriculture Finance | Economic Development | Incentives | Tax Credits

Cornell University Receives $1M in USDA Funding
The Citizen | Oct. 10 | Agriculture Finance | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

VT Agriculture Agency Gets Federal Money for Safe Produce
The Washington Times | Oct. 7 | Agriculture Finance | Food Systems Finance

USDA's New Program Offers Veterans a Path into Agriculture
USDA | Oct. 7 | Access to Capital | Agriculture Finance | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

USDA Awards Nearly $1M in Federal-State Marketing Improvement Program Grants
USDA | Oct. 7 | Access to Capital | Agriculture Finance | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

Wind Is the New Corn for Struggling Farmers
Bloomberg Businessweek | Oct. 7 | Access to Capital | Agriculture Finance | Energy Finance | Green Finance

Licking County Ohio Prepares for Spread of Development
Columbus Dispatch | Oct. 6 | Rural Development

WA Farmers to Collect $95M to Offset Low Crop Prices
The Spokesman-Review | Oct. 6 | Agriculture Finance | Federal

OR Energy Trust Offers Incentives for Farm Improvements
Capital Press | Oct. 6 | Agriculture Finance | Incentives

$1M US HUD Grant for Revitalize Louisville Neighborhood
WHAS 11 | Oct. 4 | Community Development | Food Systems Finance | U.S. Dept. of Housing & Urban Affairs (HUD)

USDA Commits $56M for Local and Community Food Projects
U.S. Dept. of Agriculture | Sep. 29 | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

MO Vital Farms Plans to Construct New Food Facility in Springfield
Missouri Dept. of Economic Development | Sep. 29 | Economic Development | Food Systems Finance

CO Enterprise Fund Gets $2.4M to Help Small Businesses
Denver Business Journal | Sep. 29 | Community Development | Economic Development | Food Systems Finance

USDA Announces $8.4M to Support Minority and Veteran Farmers and Ranchers
U.S. Dept. of Agriculture | Sep. 29 | Access to Capital | Agriculture Finance

NE Farm Bureau Fighting Community College Bonds
The Bond Buyer | Sep. 29 | Bond Finance | Agriculture Finance

Opinion: Why We Should Care About Economic Sustainability in Agriculture
American Enterprise Institute | Sep. 28 | Agriculture Finance | Food Systems Finance

Region Farmers Get $8.3M in Farm Aid
Finger Lakes Times | Sep. 19 | Agriculture Finance | Disaster Recovery & Relief | Food Systems Finance | State Finance Program

USDA Announces $5M in Farm to School Grants
USDA Food and Nutrition Service | Sep. 19 | Agriculture Finance | Food Systems Finance | U.S. Dept. of Agriculture (USDA) | Programs

The National Council of State Agricultural Finance Programs provides national representation for states that operate finance programs for farmers, ranchers, and the agricultural industry. Organized in 1984, the NCOSAFP is a non-profit organization that provides a forum for sharing ideas and serves as an information clearinghouse for its member state agencies. The Council provides information about state programs on farm finance issues and legislation developing in Washington, D.C. In addition, the Council is involved in the promotion and support of rural economic development programs. For more information about NCOSAFP, visit www.stateagfinance.org.

The Council of Development Finance Agencies (CDFA) 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 www.CDFA.net or email info@cdfa.net.

Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300


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