CDFA is proud to announce the launch of a new newsletter: Development Finance International Update - U.S. | U.K. Edition. We are sending the first two monthly issues as samples, and we encourage you to subscribe today.

Secure Trust Bank said it is lending to developers who convert offices and factories into housing. A challenger bank aims to lend out £100m to turn old commercial buildings into new homes, stepping into the funding gap following the Government's shake-up of the planning and regeneration rules.

A new Business Improvement District (BID) looks set to launch within the West End of Edinburgh, following a vote in support of the project from over 50 percent of business owners in the area.

Businesses have hailed making Lincoln an Enterprise Zone as a golden chance to grow the city and its economy. There are currently 24 of the zones across England. Now, Lincoln MP Karl McCartney is pressing for Lincoln to join that number.

A town's reputation for food production and marketing is to benefit from a new £50,000 grant from the Government. The money is being provided by the Department of Food and Rural Affairs as part of the new Malton Food Enterprise Zone in North Yorkshire.

CDFA and U.K.-based IED have joined forces to develop a transatlantic exchange between development finance practitioners in the U.S. and U.K. The partnership will help foster best practices, collaboration, learning and a greater understanding of how economic development and infrastructure is financed in the two jurisdictions.

Toby Rittner, President and CEO of Council for Development Finance Agencies (CDFA), congratulates UK-based Institute of Economic Development (IED) on their successful year. Additionally, he gives an overview of CDFA and welcomes the partnership between CDFA and IED.

In June Montgomery County, MD became the first local jurisdiction in the nation to create a green bank, according to Brookings. Montgomery County's green bank will leverage public and private funds to drive investment and scale up clean energy deployment.

According to the Journal Star, the purchase of tax increment financing bonds will be available for purchase by private investors in the Aspen Heights Redevelopment Project. TIF bonds have historically been all sold to outside investors.

An introductory overview of revolving loan fund and the economic development needs involved are outlined by Jason Rittenberg of CDFA in this presentation.

The National Renewable Energy Laboratory (NREL) Energy Analysis Factsheet explains the benefits and basics of Property-Assessed Clean Energy (PACE). Additionally, this factsheet provides a detailed explanation of different PACE funding sources.

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