2023 CDFA National Development Finance Summit Early Bird Rates Ending
The 2023 CDFA National Development Finance Summit is one month away and this is your last chance to lock in early bird pricing. Register by October 13 to save! We're excited to see you in Philadelphia!
Brownfield Funding Aimed at Jump-Starting Downtown New London, WI Development
The city of New London, Wisconsin will soon begin disbursing $800,000 in federal brownfield clean-up funding through a new revolving loan and grant program as part of an ongoing effort to jump-start the stalled redevelopment of vacant and underused downtown properties.
Share Your Experience Lending to the Food System - Short Survey for CDFA Research!
CDFA is researching the feasibility and market demand for a national food systems loan guarantee program to help unlock investment for food- and agriculture-related businesses and projects. This research includes surveying loan funds operated by private, public, and quasi-public development finance agencies (DFAs) around the country to learn more about existing lending programs. Please take a few minutes to share your expertise in this short survey!
U.S. EPA Announces Availability of $7.5B for Water Infrastructure
The U.S. Environmental Protection Agency (EPA) announced $7.5 billion in available Water Infrastructure Finance and Innovation Act (WIFIA) funding. This innovative low-interest loan program helps communities invest in drinking water, wastewater, and stormwater infrastructure while saving millions of dollars and creating good-paying local jobs. To date, EPA's WIFIA program has announced $19 billion to help finance 109 projects nationwide.
Over $217M Allocated for Arkansas Water and Wastewater Projects
The Arkansas Department of Agriculture's Natural Resources Commission approved more than $217 million in financial assistance for 16 water and wastewater projects serving more than 622,472 Arkansans.
New Revolving Loan Fund to Develop Meat Production in North Dakota
To help improve rural communities in North Dakota, the Rural Development Finance Corporation is launching a revolving loan fund to establish more meat and poultry processing centers. The company received a $10 million grant from the U.S. Department of Agriculture (USDA) to work with start-up facilities by providing low-interest loans for meat production.
FEMA Rolls Out Climate Adaptation Loans for Small, Overlooked Communities
The Federal Emergency Management Agency (FEMA) announced a new loan program that will give states a total of $500 million to dole out to local governments in the form of low-interest loans for small-scale adaptation projects. The local governments can use that money to buy out homes that are in the path of fire or flood, elevate streets, or repair water infrastructure.
Louisiana to Receive $6.9M for Resilience RLF Under Bipartisan Infrastructure Law
Louisiana is receiving $6.9 million from the Federal Emergency Management Agency (FEMA) from the Infrastructure Investment and Jobs Act (IIJA) for a Resilience Revolving Loan Fund (RLF) Program. The program supports mitigation projects at the local government level to reduce vulnerability to natural disasters. Louisiana will receive the largest amount of any state in this round of Resilience RLF Program funding.
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