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CDFA-IED Development Finance International Update - August 25, 2015

Development Finance International Update
August 25, 2015
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Development Finance International Update - U.S. | U.K. Edition



Features | United Kingdom

CDFA is proud to launch the Development Finance International Update - U.S. | U.K. Edition. This will be the final sample issue. We encourage you to subscribe today to continue receiving the Development Finance International Update - U.S. | U.K. Edition each month.

FFE Enterprise Loans Maximum Increased to £150K
Following an increasing demand for higher value loans, Finance For Enterprise's Enterprise Loans can now be accessed up to a maximum value of £150,000: the previous maximum was £100,000.

Changing Times Complicate Tier 1 Investor Visa
Recent changes to the rems of Tier 1 Investor Visa involved a requirement for applicants – who must commit to a £2,000,000 investment under the terms of the visa – to set up a UK bank account for the specific purpose of accepting those funds, according to Lexology.

Announces Investment in Indian Microfinance Institution Ujjivan
CDC Group plc, the UK development finance institution ('CDC'), has announced an investment of up to US$26m in Ujjivan Financial Services Private Ltd ('Ujjivan'), a leading microfinance institution (MFI) in India.

London Forfaiting Joins UK Export Finance Bond Support Scheme
Trade finance specialist London Forfaiting Company (LFC) has joined the UK Export Finance (UKEF) bond support scheme, helping UK firms access government support for export-related bonds.

Features | United States

States Find Ways to Fund Road Repairs While Congress Stalls
Nearly one-third of the states have approved measures this year that could collectively raise billions of dollars through higher fuel taxes, vehicle fees and bonds to repair old bridges and roads and relieve traffic congestion, according to an analysis by The Associated Press.

President Obama Signs Bill to Increase SBA 7(a) Lending to $23.5B
A bill to increase the lending authority for the 7(a) loan program to $23.5 billion for FY 2015 was passed by Congress and signed by the president. As a result, SBA is again able to guarantee 7(a) loans this fiscal year.

New Tax Credit Sparks Activity Across TX
El Paso Inc. reports that despite reduced efforts by the City of El Paso to expand or create national historic districts, many Texas cities are utilizing a new state tax credit program for historic preservation purposes.

CDFA Releases Annual Volume Cap Report
CDFA is pleased to announce the release of the Annual Volume Cap Report: An Analysis of 2014 Private Activity Bond & Volume Cap Trends. The report provides complete data of the use of volume cap and the issuance of cap-subject private activity bonds nationwide and is featured in The Bond Buyer. Read the Annual Volume Cap Report and explore CDFA's interactive and searchable National Volume Cap Map.

Upcoming Events
CDFA National Development Finance Summit

The IED Annual Conference 2015
International Headlines

Enterprise Zones Key to Northern Powerhouse Success, Says Minister
Place North West | Aug. 18 | Community Development | International

Senators Stabenow, Peters, Shaheen Introduce SSBCI Extension
CDFA | Jul. 31 | Access to Capital | Federal | Legislative | State Finance Program | State Small Business Credit Initiative (SSBCI)

LaGuardia to Get $4B Facelift
NY.gov | Jul. 29 | Bond Finance | Economic Development | Infrastructure Finance | Public-Private Partnership (P3) Financing

Glasgow Community Interest Company Launches Social Impact Bond
Third Sector | Jul. 29 | International



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

The Institute of Economic Development (IED) is the UK's leading independent professional body representing economic development and regeneration practitioners. Established over 30 years ago, the IED's key objective is to represent the interests of economic development practitioners and ensure their views are widely expressed and noted. The IED is committed to demonstrating the value of economic development work for local and regional communities; the pursuit of best practice in economic development and the attainment of the highest standards of professional conduct and competence. For more information about IED, visit visit www.ied.co.uk.


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


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