This Week's Features

Over five days, we're offering five 6-hour streamlined learning experiences from the CDFA Training Institute, making it easier than ever to take multiple courses. Learn how Bonds, TIF, Tax Credits, and Revolving Loan Funds work—all in one week! Register for one course or multiple for a comprehensive development finance education in half the time!

The Bonham City Council approved the establishment of the Texas Property Assessed Clean Energy (TX-PACE) Program, giving local property owners a new private financing tool to improve buildings, lower operating costs and reinvest in commercial, industrial, agricultural and multifamily properties. The action followed a July presentation which proposed creating the TX-PACE Bonham to advance Bonham's long-term economic growth strategy.

Representatives Darin LaHood (IL-16), Jimmy Panetta (CA-19), Blake Moore (UT-01), and Tom Suozzi (NY-01) introduced the First-Time Homebuyer Affordability Act in the House. The Act would exempt qualified mortgage bonds from the volume cap requirements, joining existing exemptions for certain veterans' mortgage bonds, 501(c)(3) bonds and other specified obligations. If enacted, the bill would be a positive development for state and local housing finance agencies that issue qualified mortgage bonds to finance first-time homebuyer programs.

July kicked off the designation window for Opportunity Zones under the second-generation version of the program. OZ 2.0, as it's known, has gotten off to quite a different start than its predecessor and might be more beneficial to investors and the residents of the census tracts in which they invest. And this time, we'll have a better idea of whether those benefits actually materialize.

The New York City Transitional Finance Authority announced the details of its upcoming sale of $1.9 billion future tax secured subordinate bonds, comprised of $1.5 billion of tax-exempt fixed rate bonds and $415 million of taxable fixed rate bonds. Proceeds from the sale will be used to fund capital projects.

The Latino Finance Learning Series is a three-part program highlighting organizations actively advancing access to capital in Latino communities—and the financing strategies making that work possible. Join us September 22, 23, & 24 for all three targeted sessions, or register for each session individually. Learn more!

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Job & RFP Postings

Invest Atlanta seeks a dynamic, mission-driven Senior Vice President (SVP) for the Department of Neighborhoods to lead the design, implementation, and performance management of a generational investment strategy advancing equitable redevelopment, neighborhood stability, and shared prosperity across the City of Atlanta.

Reporting to the Chief Executive Officer and partnering closely with the Chief Operating Officer and fractional Chief Financial Officer, the CIO will lead all investment activities while helping shape the next chapter of Maryland's mission finance ecosystem.

Reporting to the Deputy CFO, this position will oversee and be responsible for all areas related to financial reporting and modeling for the Tax Allocation Districts and any other assigned entities. The Financial Reporting Manager's duties will include managing and being responsible for the development and maintenance of accounting principles and best practices to ensure the accuracy and timeliness of financial statements.

The Deputy Director of CDA Finance is responsible for the management of the financial operations for over $6 billion in assets and liabilities. This role partners with the Director to secure over $1 billion in tax-exempt and taxable bond financing each year to fund CDA's affordable housing programs; deliver financial analysis and projections; prepare and review disclosures to investors and rating agencies; management of liquidity needs and investment recommendations, and more.

CDFA President's Club

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