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Food and Agriculture Finance Update - April 10, 2018

CDFA Food and Agriculture Finance Update
April 10, 2018
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CDFA Food & Agriculture Finance Update


CDFA Releases New Food Systems Finance Resource Center
The CDFA Food Systems Finance Resource Center outlines development finance tools that can be used to support local food systems, such as bonds, tax increment finance, tax credits, special assessment districts, revolving loan funds and others.

Madison, WI Food Policy Council Approves $50K in SEED Funding for 11 New Projects
The Madison Food Policy Council accepted a report analyzing the Madison Healthy Retail Access Program and approved $50,000 in State Economic Engagement Development Grants, allowing for 11 new projects to receive funding in 2018.

USDA and SBA Join Forces to Help Businesses in Rural America
U.S. Secretary of Agriculture Sonny Perdue and Administrator Linda McMahon, the head of the Small Business Administration (SBA), recently signed an agreement between the U.S. Department of Agriculture (USDA) and the SBA to promote stronger businesses and agricultural economies in rural America. 

Despite Decreased Demand for Loans, FSA Credit Still Critical for Farmers
In this article, The National Sustainable Agriculture Coalition (NSAC) has compiled a year's worth of data and analysis on FSA loans in order to better understand demand and usage in fiscal year (FY) 2017, and make informed recommendations regarding program improvements going forward.

Southwest New Mexico Food Hub Receives $125K From USDA
The National Center for Frontier Communities, a nonprofit organization in Silver City, NM, received a $125,000 three-year grant from the United States Department of Agriculture to create the Food Hub. This is the second year for the grant and will be the year the Food Hub gets up and running. 

Worried GOP Views Trump Trade War with Angst
Republican lawmakers are returning to Washington this week with their eyes focused on an escalating trade war with China. This is a concern among some senators who feel that farmers will bear the brunt of this exchange.

Campbell County, KY Decision Paves Way for PACE
The Campbell County Fiscal Court approved legislation creating a county-wide Energy Project Assessment District  (EPAD) that will allow property owners to obtain special financing for energy-efficiency upgrades to commercial, industrial, nonprofit, agricultural, and multi-family properties throughout the county.

Appetite Growing for MI Based Ag-Products
Since 2011, PMBC summits have brought together purchasers and suppliers in 25 distinct industries, including agriculture, automotive, aerospace, manufacturing and energy. Overall, the matchmaking gatherings have facilitated $5.73 billion in revenue for Michigan companies, while creating or retaining 27,941 jobs.

Submit Your Proposal to Present at the 2018 CDFA National Summit
CDFA needs your help to source deals, projects and programs and will be accepting submissions for potential deals, projects and program presentations. If selected, each speaker will be given one complimentary registration to attend the CDFA National Summit.

Upcoming Events
Intro EB-5 Finance WebCourse

CDFA Federal Financing Webinar Series
February 28, April 12, June 14, August 16, and October 18, 2018 - 2:00PM Eastern
The CDFA Federal Financing Webinar Series is an exclusive, five-part online offering that will convene finance experts, federal agencies, and local practitioners to discuss the development finance programs offered by the federal government.

Food & Agriculture Finance News

The United States' Food Hall Appetite is Growing
Commercial Observer | Apr. 10 | Food Systems Finance

Automated Milking Systems Slowing Farm Consolidation
EconoTimes | Apr. 9 | Agriculture Finance | Food Systems Finance

Top Wins for Ag in Omnibus Spending Bill
Farm Futures | Apr. 2 | Agriculture Finance | Food Systems Finance

USDA Allocating $70M to Protect Ag. from Pests, Disease
Morning Ag. Clips | Mar. 26 | Agriculture Finance | U.S. Dept. of Agriculture (USDA)

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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CDFA National Sponsors

  • Baker Tilly Virchow Krause
  • BNY Mellon
  • Bricker & Eckler LLP
  • Bryan Cave Leighton Paisner LLP
  • Business Oregon
  • CohnReznick
  • FBT Project Finance Advisors LLC
  • Fifth Third Bank
  • Frost Brown Todd, LLC
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • SB Friedman Development Advisors
  • Stern Brothers
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
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