This year, many of the nation's first federally-designated Economic Development Districts (EDDs) are turning 50! The EDA highlights a few examples of numerous successes EDDs have accomplished through the years.

Greg LeRoy, director of Good Jobs First , provides his commentary on GASB 77, stating the rule will reveal to taxpayers tens of billions of dollars in spending never before disclosed and should result in a new debate about "corporate welfare."

The Treasury released Notice 2017-38, which acknowledged the proposed regulations that would re-define the term "political subdivision" for issuance of tax-exempt bonds as one of eight unduly burdensome regulatory projects and should be reconsidered for modification or repeal.

Today, cities are experimenting with new financial technologies that can tap financial resources from more people at the local level, giving residents investment opportunities and a stake in the project's success. They're called "mini-bonds."

Rep. Dan Kildee (D-MI 5th District) has announced that he is starting a new congressional forum to rethink how national policymakers invest in cities. The initiative, titled "The Future of America's Cities and Towns," will include policy discussions with local, state and federal elected officials to focus on the challenges facing older, industrial communities.

The House Appropriations Transportation-HUD Subcommittee released its $56.5 billion FY 2018 spending bill July 10 . For HUD, the bill provides net appropriations of $38.3 billion, $487 million (1.3 percent) less than FY 2017. The bill provides $2.9 billion for CDBG and $850 million for HOME.

This report, produced by the Biotechnology Innovation Organization, explores how bioscience innovations can be supported by legislation and job creation through the use of public private partnerships.

The low-interest loans provided by the Transportation Infrastructure Finance and Innovation Act are a key source of funding for infrastructure projects but cannot replace direct and robust federal outlays, experts told members of the Senate Environment and Public Works Committee on Wednesday.

About $329.7 million of New Clean Renewable Energy Bonds can still be allocated to states, localities and other users, according to the Internal Revenue Service.

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, our expert speakers will discuss new and innovative uses for special assessments and how this tool is poised for greater use nationwide.

During this special webinar from CDFA, learn from expert speakers and previous awardees as we discuss the RCDI program, how to apply, and recommendations for successful applications.

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