CDFA is traveling to Philadelphia, PA for the 2023 National Development Finance Summit! The NDFS brings together leaders and dealmakers in the development finance industry to discuss best practices, trends, and project financing solutions. Early Bird registration rates end October 13 so register today!

CDFA is researching the feasibility and market demand for a national food systems loan guarantee program to help unlock investment for food- and agriculture-related businesses and projects. This research includes surveying loan funds operated by private, public, and quasi-public development finance agencies (DFAs) around the country to learn more about existing lending programs. Please take a few minutes to share your expertise in this short survey!

The U.S. Department of Agriculture (USDA) will spend another $667 million on rural broadband loans and grants, marking the fourth round of funding under a program that the Infrastructure Investment and Jobs Act (IIJA) invigorated. Nearly three-quarters of the funding, $493 million, will go toward grants. The latest round of funding awards will go to 38 projects in 22 states and the Marshall Islands.

Register for CDFA's Intro Tax Credit Finance Course taking place on September 27-28 to learn the application of tax credit programs and their use in greater economic development finance efforts. Our panel of expert speakers will discuss tax credit programs including new markets, low-income housing, historic preservation, and state-specific programs.

The U.S. Department of Agriculture (USDA) announced that it is awarding $266 million in loans and grants to agriculture producers and rural small businesses to make investments in renewable energy and energy efficiency improvements that will lower their energy costs, generate new income, and strengthen the resilience of their operation. This funding is made possible in part by the Inflation Reduction Act.

The U.S. Department of Agriculture (USDA) is investing $808 million to help rural cooperatives and utilities build and improve electric infrastructure and increase electric grid reliability and security, connecting hundreds of thousands of people in rural areas. This funding will also help provide clean drinking water and sanitary wastewater systems in rural areas for years to come.

U.S. Sen. Jeanne Shaheen and Maggie Hassan announced with U.S. Rep. Annie Kuster and Congressman Chris Pappas that the Northern Border Regional Commission is providing $11 million through 25 New Hampshire Catalyst Awards to support economic and community development projects throughout the state. These awards will go to projects such as affordable housing, clean energy infrastructure, hospital upgrades, and more.

The U.S. Department of Agriculture (USDA) is awarding $100 million to improve high-speed internet access in communities across Alaska. These awards are possible thanks to the bipartisan Infrastructure Investment and Jobs Act (IIJA)—and specifically through the latest round of the USDA's ReConnect Program, which aims to ensure high-speed internet to every community in the United States.

Intro Tax Credit Finance Course
September 27-28, 2023 - Daily: 12:00 PM - 5:00 PM Eastern

CDFA // BNY Mellon Development Finance Webcast Series: Financing Water Infrastructure Projects
October 17, 2023 - 2:00 PM - 3:00 PM Eastern

>>> VIEW THE RURAL DEVELOPMENT FINANCE RESOURCE CENTER