We hope to see you in Denver, CO on November 2-4 for the CDFA National Development Finance Summit, Presented by CHFA. This in-person event will bring together the leaders and dealmakers in the development finance industry to discuss best practices, trends, and project financing solutions. After a long three years, we can't wait to see you there!

The city of Freeport will receive $4M in funding from the Illinois Environmental Protection Agency to replace lead service lines in the community. The funding is provided through the Illinois EPA's State Revolving Fund, which provides low-interest loans for drinking water, wastewater, and storm water projects. The city of Freeport will receive 100 percent principal forgiveness for this loan.

The Council of Development Finance Agencies (CDFA) is pleased to welcome Craig Teamer as the newest graduate of the prestigious Development Finance Certified Professional (DFCP) program. A new graduate, Mr. Teamer, joins the ranks of fellow graduates who are recognized as the most qualified leaders in the development finance industry.

Standard Real Estate Investments plans to advance a previously entitled mixed-use redevelopment with roughly 1,500 residential units and 120,000 square feet of retail. About 300 units would be affordable, developed with NHT Communities. Northeast Heights is located within a federal opportunity zone and the project has been discussed as a potential recipient of tax-increment financing support.

Governor Tom Wolf joined Gayle Manchin, Federal Co-Chair for the Appalachian Regional Commission (ARC), and his gubernatorial peers of the Appalachian region to announce more than $6.9 million being devoted to Pennsylvania's coal communities to support economic development projects for improved opportunities.

Avery Brothers Sign Company intends to construct a new $3 million facility in Sioux City, SD, which will contain office space, warehouse space, and a shop. City staff is working on an agreement with Avery Brothers, which would provide property tax rebates equal to 75% of the new taxes created on the property for a five-year period. The project would generate roughly $60,000 per year in new property taxes captured by the TIF district.

Join CDFA for the next installment of the Federal Financing Webinar Series with USDA on October 25. Speakers will discuss programs that can help with projects in your community such as constructing or improving facilities to provide broadband service, creating and maintaining jobs in rural communities, reducing poverty in rural communities, creating business plans and feasibility studies, and forming rural business incubators.

A $10M grant has been awarded to improve Rio Grande City's water supply and treatment thanks to funding from the U.S. Department of Agriculture. The grant will help colonias in Starr County by funding the construction and installation of various systems. 

The U.S. Department of Agriculture (USDA) announced a more than $71M investment to help underserved communities. Funding is made possible through two key USDA programs: USDA's 2501 Program and the American Rescue Plan Technical Assistance Investment Program. These investments are part of USDA's commitment to take aggressive action to advance equity for all, especially for farmers and producers in underserved communities.

NCRC CDF is seeking an Underwriting & Loan Service Specialist who is an exceptional multi-tasker that is goal-oriented and highly detailed. The Underwriting & Loan Service Specialist will oversee a high volume of small business loan inquiries from application through underwriting, funding, and post-closing activities, manage existing borrower customer support and provide overall program support within the small business and affordable housing programs.

CDFA is seeking a motivated, well-organized, and energetic individual to fill the position of Manager, Research & Technical Assistance. This position will be responsible for working with fellow CDFA team members to manage and execute a research initiative working with state departments of agriculture to increase access to finance programs among socially disadvantaged farmers of color. The position will also involve various activities related to ongoing research, project planning, stakeholder engagement, and writing.

Philadelphia Industrial Development Corporation is seeking a President position. The President is elected by the Board of Directors as its Chief Executive Officer and has general charge and supervisory authority over the business and affairs of PIDC, subject to control and direction of the Board. The President leads PIDC's strategies, resources, products, transactions, and partnerships, promoting investment and development that drives inclusive economic and job growth to every part of Philadelphia.

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