CDFA is proud to announce that Angie Page has joined our team as Chief Innovation Officer! As Chief Innovation Officer, Ms. Page leads a team responsible for product and program ideation, creation, and development. She brings a wealth of expertise in Visual Analytics, Data Storytelling, Business Intelligence, Anthropology, Finance, Macroeconomics, Credit, Growth and Business Development Strategy, Product Management, and more.

A new program offered by the Hawaiʻi Housing Finance and Development Corporation (HHFDC) sets aside funds for nonprofit Community Development Financial Institutions (CDFIs) or other nonprofit housing development organizations who build self-help, for-sale housing for those in low- and moderate-income categories. To be eligible, the applicant must develop houses for individuals and families who earn no more than 100% of area median income as determined annually by the U.S. Department of Housing and Urban Development.

The CDFA Foundation and CDFA are honored to announce the 2024 Class of the Caren S. Franzini Fellowship. Join us in congratulating Chris Armitage, Victoria Benson, Charity Karanja, Brooke Kessler, Crystal McLean, and Kay Simmons. Over the next six months, the fellows will explore development finance best practices, education, and advocacy, and collaborate on a project of significance to the industry.

Rhode Island Infrastructure Bank announced that leading rating agencies Fitch and S&P have both given AAA, outlook stable credit ratings to the Bank. Receiving these AAA credit ratings is a testament to the strong financial foundation the Bank has built and its resilient fiscal condition.

Governor Maura Healey announced that the Massachusetts Community Climate Bank (MCCB) has launched a new $20 million program, the Energy Saver Home Loan Program, to help low- and moderate-income homeowners make clean energy improvements to their homes. The MCCB is the first green bank in the United States to focus on decarbonizing affordable housing, and the Energy Saver Home Loan Program is the MCCB's first consumer product.

The City Council voted to approve a $1.25 billion bond issue to fund new and expanded housing and economic development efforts. The bond issue would use the bump in the city's share of property tax revenue from expiring tax increment financing (TIF) districts to back the bonds. The bond issue is expected to fund, support, and supplement a range of programs. This includes traditional affordable housing, the single-room occupancy preservation loan program, and a range of efforts to promote homeownership and repair.

The New Jersey Economic Development Authority (NJEDA) has closed its first four approvals under the Angel Match Program, awarding a total of $2 million to support early-stage technology companies. With a funding pool of $20 million from the federal State Small Business Credit Initiative (SSBCI) in the Angel Match Program, the NJEDA is the first entity to commit capital to a technology company, leading to other investors who provide matching funds.

The CDFA Foundation is proud to announce the new Board of Directors: Toby Rittner, Brian Cooper, Kimberly Deardurff, Rich Frampton, Brenda Guess, Julia Phipps, Ruben Alonzo, and Mike O'Donnell. We are delighted to welcome new and returning board members who, together, will bring diverse expertise and insight to the work of the Foundation.

The Client Services Coordinator is responsible for overseeing and guiding the intake staff with daily monitoring of a robust pipeline of applications and ensuring applications are reviewed and processed within the program guidelines. Responsibilities include logging new applications and assigning to staff, providing day-to-day guidance, monitoring the eligibility and assignment process of applicants to the network partners, troubleshooting applicant concerns, and identifying resolutions that are in line with program guidelines.

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