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The Connecticut Green Bank announced that their successful Solar Marketplace Assistance Program (Solar MAP) is now available to affordable properties with five or more units. This program helps owners and residents of affordable multifamily housing in Connecticut have easier access to the benefits of solar energy and battery storage, The organization is offering an informational webinar June 6.

The U.S. Department of Commerce's Economic Development Administration (EDA) is awarding an $800,000 grant to the Northeast Council of Governments Development Corporation in Aberdeen, South Dakota, to capitalize and administer a Revolving Loan Fund (RLF) serving small businesses in 12 counties in Northeast South Dakota. The RLF will support businesses facing obstacles in obtaining traditional financing to help them grow and create new jobs and economic opportunities.

The Rhode Island Infrastructure Bank has issued a $41.6 million Clean Water State Revolving Fund bond, with $5.2 million in principal forgiveness through a grant from the Bipartisan Infrastructure Law. The bond proceeds will help finance the construction of the Narragansett Bay Commission's Combined Sewer Overflow Phase III project and other system infrastructure upgrades. The 30-year bond saw strong investor demand, which led to an overall borrowing rate of 3.93%. The bond is rated AAA by S&P Global Ratings and Fitch Ratings.

The U.S. Department of Housing and Urban Development (HUD) announced $67 million in grant and loan awards for 12 properties under its Green and Resilient Retrofit Program, bringing the total funding awarded under this program to more than $610 million. These grants and loans will support energy efficiency and climate resilience renovations to keep more than 14,000 homes at properties housing low-income individuals, families, and seniors safer and more comfortable.

Rev1 Ventures, a venture studio that helps entrepreneurs and corporations accelerate innovation, is launching the Future Value Fund II, a $6 million pre-seed and seed capital fund to support Central Ohio companies, focusing on tech companies underserved by venture capital. Rev1 Ventures is providing $3 million in private investment, which is being matched by the Ohio Department of Development State Small Business Credit Initiative Ohio Early Stage Focus Fund Program.

New Mexico's first-ever green bank is in the works. It's not actually a traditional bank; it's a financial institution. And it's the first of its kind in New Mexico. It's called the New Mexico Climate Investment Center, or NMCIC, a nonprofit aiming to help equitably finance New Mexico's clean energy transition. The center will finance clean energy technologies and the use of those technologies, and it is designed to increase climate resiliency.

The historic market in San Luis currently known as the San Luis Peoples Market is undergoing a renovation. With the help of the Colorado Department of Public Health and Environment's Brownfields Revolving Loan Fund, the Acequia Institute, which is working on behalf of the market, received a grant for $200,416. The grant will cover the cost of asbestos abatement and lead-based paint and mold removal, making it possible for the market to reopen.

Cuyahoga County is looking for an Economic & Community Development Program Specialist. The purpose of this classification is to coordinate and manage economic and community development programs that support business and commercial vitality. This is a professional level classification that is responsible for administering economic development programs and servicing a portfolio of economic development loans and grants. The incumbent is expected to work independently and ensure that all activities are performed in a timely manner and according to policies, procedures, and regulations.

The Department of Commerce is conducting a Request for Information (RFI) to solicit input from firms in the public finance and market feasibility consulting industries on a draft Request for Qualifications (RFQ) planned for the spring of 2025. The purpose of the future RFQ will be to create a pool of qualified consultants that will assist the Washington State Department of Commerce with serving Public Facility Districts in Washington state with their financial feasibility review needs.

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