CDFA Winter Institute — Five Core Development Finance Course in One Week!
The all-new CDFA Winter Institute debuts February 23-27, 2026! We're excited to bring you five executive format courses that were a hit at the 2025 Summer Institute. Designed for busy professionals, courses are scheduled without overlap, allowing you to complete multiple core classes in a single week while building a practical, integrated understanding of development finance. This is one of your only opportunities in 2026 to complete CDFA's core introductory training courses. Knock out your DFCP requirement courses this February! Learn more about the courses offered and register today!
CDFA Recognizes William Smith, DFCP
CDFA is pleased to announce William Smith, Economic Development Manager for the City of Douglasville, Georgia, as the newest graduate of the prestigious Development Finance Certified Professional (DFCP) program. As a new graduate, Mr. Smith joins the ranks of fellow graduates who are recognized as the most qualified leaders in the development finance industry.
Treasury Awards $90M in New Markets Tax Credits to Colorado Growth, Revitalization Fund
The U.S. Department of the Treasury announced that it has allocated $90 million in New Markets Tax Credits (NMTCs) to the Colorado Growth and Revitalization (CGR) Fund. Colorado Housing and Finance Authority (CHFA) administers NMTCs through the CGR Fund, a Community Development Entity founded in partnership with the City and County of Denver, and for which CHFA is the managing member. This is the seventh consecutive year that the CGR Fund has been awarded NMTCs. The allocation will grow the approximately $376 million in NMTCs already deployed in Colorado.
ACA Subsidy Cliff May Mean ‘Astronomical Tax Bills' for Many, CFP Says
For the first time in years, many Americans enrolled in a health insurance plan via the Affordable Care Act marketplace will need to keep a careful accounting of their annual income — or risk a hefty federal tax bill. Enhanced ACA subsidies lapsed at the end of 2025, leaving millions of households on the hook for higher insurance premiums. The lapse also reintroduced the so-called subsidy cliff, whereby households that earn even $1 more than a specific income threshold will lose all eligibility for subsidies, also known as premium tax credits.
NOFO: 2026 CSCI Grants Opportunity for US-based Climate Resilience Projects
CSCI awards provide funding and technical assistance to advance community-based climate resilience in US communities or regions that are highly vulnerable to the impacts of climate change. The total grants budget is $1.5-2 million, and grants typically range from $75,000 to $115,000 based on the scope of work proposed in the application. CSCI anticipates awarding between 16-20 grants for the 2026 cycle. Applications are due March 12, 2026.
NOFO: Better Utilizing Investments to Leverage Development (BUILD) Grant Program
The U.S. Department of Transportation (DOT) Better Utilizing Investments to Leverage Development (BUILD) grant program, formerly known as the RAISE or TIGER program, is offering funding up to $25 million to support surface transportation projects that align with identified national objectives. Projects may include highways, bridges, roads, public transportation, passenger and freight rail transportation, port infrastructure, intermodal, and other surface transportation. Competitive applications should have a significant local and regional impact and improve transportation infrastructure. Applications are due February 24, 2026.
NOFO: Funding Opportunity Under Supportive Services for Veteran Families
The Department of Veterans Affairs (VA) is announcing the availability of funds for grants under the SSVF Program. This NOFO contains information concerning the SSVF Program, the renewal and new applicant grant application processes, and the amount of funding available. Awards made for grants will fund operations beginning October 1, 2026. Applications are due no later than 4:00 p.m. Eastern Time on Thursday, February 19, 2026.
$15M TIF Plan for Chattanooga's Northgate Mall Redevelopment
The Chattanooga City Council recently approved a total $15 million Tax Increment Financing (TIF) plan, with $8.7 million for construction, to address the mall's aging water and sewer infrastructure. A new resolution with additional provisions has been proposed, including a new branch of the Chattanooga Public Library, an amphitheater, and pedestrian accommodations.
RI Infrastructure Bank Approves $21M in Financing for Providence Water Upgrades
Rhode Island Infrastructure Bank has closed on a $21 million Drinking Water State Revolving Fund loan for Providence Water to fund major water-main rehabilitation projects in Trinity Square and South Providence, the infrastructure bank announced. The utility serves more than 75,000 retail customers across Providence and surrounding communities and operates one of the state's most critical public infrastructure systems.
Treasury Officials Announce $10B in NMTC Awards
The Community Development Financial Institutions (CDFI) Fund has awarded $10 billion in New Markets Tax Credit (NMTC) allocation authority to 142 organizations across the country. The awards, announced in December, cover allocation rounds for 2024 and 2025. The community development entities receiving allocations were selected from a pool of 216 applicants. Awards ranged from $20 million to $95 million.
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