Capital access programs (CAPs) provide credit enhancement for small-business loans by creating a fund that the lender can claim against to cover loans that default. This brief details the structure of and lessons from the largest of the CAPs, the California Capital Access Program (CalCAP).

The Phoenix Theatre is hoping to get some help from the city of Indianapolis to finalize financing for its $11 million new home. The theatre hopes to finance the project through a $4.5 million bond backed by the city and an allocation of federal New Markets Tax Credits that could generate $2.5 million in equity.

Greenworks Lending and Main Street America have announced a partnership through which the national advocate for revitalization of downtown commercial districts will introduce Greenworks Lending and C-PACE to its membership.

The Federal Reserve Bank of Minneapolis provides responses, but not necessarily answers, to four questions they have heard regularly from community development professionals and experts regarding the Opportunity Zones program.

Tidelands Health is using a $45,295,000 tax-exempt bond issue through the South Carolina Jobs-Economic Development Authority (JEDA) to finance a new medical campus on the southern Grand Strand.

The Commercial PACE Working Group is an exciting new cohort of state and local governments working together to learn about, launch, and refine C-PACE financing programs. Submissions of an expression of interest form for the working group are due by April 20, 2018.

Bond financing will finance the costs associated with the construction and equipping of an addition and renovations to Mount Olive Lutheran School, including the addition of approximately 20,500 square feet to the grade school.

A proposed $425 million San Francisco bond measure to kick-start vital repairs to the city's fragile Embarcadero seawall has cleared an important hurdle, pushing it closer to a spot on the November ballot.

With the Nashville region's population expected to reach 3 million by 2040, local officials say a $5.4 billion transit initiative is needed.The key will be getting voters to approve the largely bond-financed plan backed by increases to local sales tax, hotel/motel, business and rental car taxes.

The Council of Development Finance Agencies seeks a motivated, well-organized and energetic individual to fill the position of Coordinator, Marketing & Communications.

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