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CDFA Rural Development Finance Update - February 2, 2016

Rural Development Finance Update
February 2, 2016
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Rural Development Finance Update

Features

Unlocking the Development Finance Toolbox in Rural America
The Rural Financing Best Practices by CDFA explores how rural communities can leverage a wide range of tools and approaches to build on their assets, protect their resources, and make strategic investments that offer long-term benefits for residents and local businesses.

Fiber-Optic Network Construction in Salinas Valley, CA
Local stakeholders pitched their plan to representatives of the USDA Rural Development to extend the Sunesys broadband project. According to Digital Communities, the estimated cost of the project would be between $20 million and $30 million, half of which the USDA could provide a long-term loan.

USDA Investments Make Big Impact in 2015
The USDA Rural Development 2015 Progress Report details the tangible results across rural America that stemmed from investments by the U.S. Department of Agriculture's (USDA) Rural Development team in local businesses, community infrastructure, housing, etc. in 2015.

Q&A: Center for Rural Affairs
This Q&A with Traci Bruckner, Senior Policy Associate, addresses resources available for beginning, small- and mid-sized farms through federal agricultural policy. According to UC Food Observer, the Center for Rural Affairs is important to generate creative approaches to economic development.

Rural KY Deal to Improve Energy Efficiency
Greystone Affordable Housing Initiatives' preservation group, the Kentucky offices of the USDA Rural Housing Service (RHS), and the Kentucky Housing Corp. (KHC) are combining tax-exempt bonds, tax credits, and USDA-guarenteed loans for recapitalization and rehab of at-risk housing.

Upcoming Events
Energy Investment Partnerships Webinar Series

CDFA Brownfields Project Marketplace
February 2-4, 2016 - 1-5pm EDT
CDFA is excited to offer the Brownfields Project Marketplace as an opportunity for communities to receive free technical assistance related to the redevelopment and financing of brownfield projects. Join us online February 2-4 to consult with financing professionals and brownfield project experts who can help identify potential resources for your brownfield project.

USDA Rural Development News

USDA Awards $46M to Boost Energy Efficiency in VT
USDA | Jan. 27 | Energy Finance | Green Finance | Rural Development | U.S. Dept. of Agriculture (USDA)

NM Sees Banner Year in Project Funding
Deming Headlight | Jan. 26 | Rural Development | U.S. Dept. of Agriculture (USDA)

Farm, Rural Businesses Get Federal Grants for Energy Projects
Bangor Daily News | Jan. 26 | Access to Capital | Energy Finance | Green Finance | Rural Development | U.S. Dept. of Agriculture (USDA)

USDA Funding for Small Biz and Ag Producers
Herald.com | Jan. 19 | Rural Development | U.S. Dept. of Agriculture (USDA)

FL, MO, MT, OH to Receive Assistance for Persistent Poverty Areas
USDA | Jan. 19 | Rural Development | U.S. Dept. of Agriculture (USDA)

Funding for Distance Learning, Telemedicine
My Plainview | Jan. 19 | Rural Development | U.S. Dept. of Agriculture (USDA)

USDA Highlights 2015 Achievements
Agri-View | Jan. 15 | Rural Development | U.S. Dept. of Agriculture (USDA)

Designated Promise Zones Keep Rural America Strong
USDA | Jan. 14 | Rural Development | U.S. Dept. of Agriculture (USDA)

USDA Rural Development Program Launched
Willcoxrangenews.com | Jan. 7 | Rural Development | U.S. Dept. of Agriculture (USDA)

 
CDFA Rural Development Finance Initiative

The CDFA USDA Rural Development Partnership is a two-year partnership between CDFA and the U.S. Department of Agriculture that will focus on an increase in development finance education and resources for USDA's internal staff.

Rural Development Headlines

Grove City, MN Prepares for $12.8M Infrastructure Project
West Central Tribune | Jan. 26 | Infrastructure Finance | Rural Development

Project Financing for Grant Wind Project in OK
Siemens | Jan. 26 | Green Finance | Rural Development

CoBank Announces New Senior Vice President of Government Affairs
CoBank | Jan. 26 | Infrastructure Finance | Rural Development

Joint Contribution from Farm Credit East and CoBank to Support Purchase of New Truck
Farm Credit East | Jan. 26 | Food Systems Finance | Rural Development

3i Products Establishing Lancaster County Operations
South Carolina Department of Commerce | Jan. 25 | Infrastructure Finance | Redevelopment | Rural Development

Energy Efficiency Improvements for Greenville Apartments in MI
Benzinga | Jan. 22 | Energy Finance | Green Finance | Rural Development

Conference to Focus on Investment in Delta
Arkansas Business | Jan. 7 | Economic Development | Infrastructure Finance | Rural Development

Utilizing Solar Energy for Agricultural Businesses
Renewablesbiz | Jan. 7 | Energy Finance | Green Finance | Rural Development

Broward Almost Finished Spending $400 Million to Buy Land and Improve Parks
The Bond Buyer | Jan. 7 | Bond Finance | Rural Development

Developers, Seeking Tax Break, Want Jacksonville Forest Land Designated as Blighted
The Florida Times Union | Jan. 5 | Redevelopment | Rural Development



The Council of Development Finance Agencies (CDFA) is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information, visit www.CDFA.net or email info@cdfa.net.


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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