The Council of Development Finance Agencies (CDFA) is pleased to congratulate Malcolm Guy, an esteemed member of the CDFA Government & External Affairs team, as the newest graduate of the prestigious Development Finance Certified Professional (DFCP) program.

The National Telecommunications and Information Administration (NTIA) released the Interactive Federal Funding Guide as an enhancement to BroadbandUSA's "one-stop" federal funding site. The Guide provides an interactive, step-by-step approach for users to filter through more than 90 broadband-related programs compiled from 12 federal agencies and the Federal Communications Commission.

Florida Community Loan Fund, a statewide nonprofit lending institution, today announced an award of $35 million in New Markets Tax Credit allocation from the U.S. Treasury Community Development Financial Institution Fund. FCLF – Florida-based and Florida-focused – will devote 100% of this award to the underserved state of Florida.

The U.S. Department of the Treasury's Community Development Financial Institutions Fund awarded 100 Community Development Entities (CDEs) $5 billion in New Markets Tax Credit (NMTC) allocation authority. The allocation awards, made through the calendar year (CY) 2020 round of the NMTC Program, will help stimulate economic growth in low-income areas nationwide.

The phrase "Capital Stack" is pretty commonplace in the Development Finance nomenclature these days, but what does it truly mean to build the Capital Stack and how can it work for your project? The next installment of the CDFA // BNY Mellon Development Finance Webcast Series will discuss how Bonds, Tax Increment Finance, Tax Credits as well as the litany of federal funding through recent legislation can work for your project and ultimately the community that is benefitting.

A coal-fired power plant owned by Xcel Energy in Hayden, Colorado accounts for more than half the property tax base and is a reliable source of high-paying jobs in a town with rapidly increasing housing prices. The town could soon test a new idea to meet its climate goals without losing the economic benefits of the plant. Rather than raze the building, the project would transform the power plant into a massive battery to bank electricity generated by renewable energy.

Investment firms are buying record amounts of 'solar bonds,' debt issued to help individuals finance rooftop solar panels to power their homes. Sales of solar bonds hit around $2 billion in the first six months of the year, roughly double levels during the same period in 2020 and 2019. The bonds are backed by bundles of loans made to homeowners for panel purchases and are being issued by a handful of financing companies that specialize in residential solar panels.

Promised Land Opportunity Zone Farms I, LLC has announced that it recently closed a $50 million debt financing with Conterra Agricultural Capital, LLC. The 10-year financing facility expands Promised Land's ability to stimulate economic development and promote employment across agricultural communities.

The Deputy Chief Financial Officer (DCFO) is responsible for assisting the SVP & CFO with strategic planning, implementing, managing, and controlling financial related activities of Invest Atlanta and its' related entities. The DCFO will assist the SVP & CFO in managing a staff of seven professionals performing financial, real estate and administrative activities.

The Boynton Beach CRA is seeking qualified individuals or firms to perform an independent third-party evaluation of development proposals from the 115 N. Federal Highway Infill Mixed-Use Redevelopment Project Request for Proposals and Developer Qualifications (RFP/RFQ) received by the CRA.

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This Interactive Guide from the National Telecommunications and Information Administration (NTIA) provides an interactive, step-by-step approach for users to filter through more than 90 broadband related programs compiled from 12 federal agencies and the FCC. It highlights general information about each program, including program descriptions, important dates, contact information, and links to program websites.

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