The Council of Development Finance Agencies (CDFA) is proud to announce that David Misky has been elected Chair of the CDFA Board of Directors, after serving as Vice Chair since 2022. The announcement was shared at CDFA's National Development Finance Summit—held November 8-10, 2023 in Philadelphia, PA—where over 300 attendees welcomed David to this position.

The U.S. Environmental Protection Agency announced a $56 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians' Utility Authority, also known as the Gun Lake Tribal Utility Authority. This is the WIFIA program's first loan to a tribal borrower. EPA's WIFIA financing will support upgrades to the tribe's drinking water and wastewater systems to support a healthy community and economic opportunity.

Join us for the final installment of the CDFA Food Systems Finance Webinar Series on Tuesday, November 28 at 2:00 PM ET. We will illustrate the Reframe, Build, Plan framework of critical success factors that are needed to expand financing and drive capital into local food systems. Speakers will also discuss how this strategy can be used to focus resources toward socially disadvantaged farmers, ranchers, and small business owners in the food system.

Almost $6 million has been loaned to or invested in veteran-owned businesses in Florida through the state's State Small Business Credit Initiative (SSBCI). This has leveraged over $16 million in private capital and created or retained almost 70 jobs.

The Council of Development Finance Agencies (CDFA) is pleased to announce Mitchell Smith, a valued member of the CDFA team, as the newest graduate of the prestigious Development Finance Certified Professional (DFCP) program. Mr. Smith joins the ranks of fellow graduates who have invested in their professional development and are recognized as accomplished leaders in the development finance industry.

The Harrison County, TX Housing Finance Corporation announced that the Texas Bond Review Board has approved the corporation's application to issue $20 million in revenue bonds to assist with the financing of the conversion of the former Marshall High School on West Houston Street into an affordable housing project.

The U.S. Department of Agriculture is investing more than $1.2 billion in loans and grants to spur economic development, catalyze rural prosperity, and advance equity through rural cooperatives in 36 states and Puerto Rico. Hawaii Sea Spirits LLC is to receive a $10 million Business and Industry Loan Guarantee to assist the small organic cane sugar farm, providing the opportunity to expand its business in the distillery, retail, and commercial kitchen café business on 80 acres on the Island of Maui. 

The USDA announced an investment of $27.9 million across 45 organizations that teach and train beginning farmers and ranchers, including programs for U.S. veterans who are entering into agricultural careers and starting new farming businesses. This investment is part of the National Institute of Food and Agriculture's Beginning Farmer and Rancher Development Program, which supports a wide range of professional development activities and topics.

SBC is looking for an Executive Director (ED) to expand its services across the Midwest and Southeast. The ED drives overall revenue generation and market share growth of the organization by managing all aspects of the sales funnel from prospecting to onboarding. The ED is responsible for developing and implementing sales strategies for discovering and securing new opportunities in new and current markets through prospecting, networking, targeted campaigns, public presentations, finding and responding to RFPs, and other strategies. Anyone interested should submit a resume to apply@sbcfirst.com.

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