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CDFA Rural Development Finance Update - March 3, 2015

Rural Development Finance Update
March 3, 2015
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Rural Development Finance Update

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CDFA is proud to announce the launch of a new newsletter: CDFA Rural Financing Update. We are sending the first two monthly issues as samples, and we encourage you to subscribe today.

White House Highlights Actions to Help Rural Businesses
The President will announce his plan to help grow manufacturing in rural areas to provide new markets to small businesses. According to this release, the nation reached a record $2.35 trillion in exports last year.

USDA Announces $14M in Grants for Rural Communities
The USDA's National Institute of Food and Agriculture announced $14 million in grants to support programs for rural America focused on community development, economic growth, and sustainability through research, education, and extension programs.

Affordable Housing is Key to Sustainable Economic and Community Development
Tony Hernandez, Administrator for USDA's Rural Housing Service, says successful community development depends on workforce and affordable housing to keep people in the region and attract others.

CDFA Brownfields Financing Toolkit
The CDFA Brownfields Financing Toolkit provides communities with an easy-to-use, best practices resource on brownfields redevelopment. The toolkit brings together the best financing concepts and techniques to provide a comprehensive response to capital and resource needs.

Sacramento Region is Agriculture's Silicon Valley
The Sacramento region has not had a lot of success with attracting venture capital compared to other regions, according to the Sacramento Bee. However, that may be changing as food technology has been catching the interest of venture capitalists.

Wisconsin Governor Takes Aim at Rural Economy
According to AgriView, Governor Scott Walker announced plans to invest in rural Wisconsin that will enhance education, broadband, technology, business growth, training, and transportation. $55 million will be made available in 2017 to establish regional revolving-loan funds.

Upcoming Events
Intro Food Systems Finance WebCourse
USDA Rural Development News

USDA Announces $9M to Support Community Food Projects
USDA | Feb. 19 | Food Systems Finance | Rural Development | U.S. Dept. of Agriculture (USDA) | Federal

USDA Administrator Predicts Strong Growth in Loan Programs
Scotsman Guide | Feb. 18 | Rural Development | U.S. Dept. of Agriculture (USDA)

Rural Renewable Energy Gets a Boost with USDA Funds
Environmental and Energy Study Institute | Feb. 16 | Energy Finance | Green Finance | Rural Development | U.S. Dept. of Agriculture (USDA)

USDA Announces $17M Loan Program in Indiana
Inside Indiana Business | Feb. 13 | Rural Development | U.S. Dept. of Agriculture (USDA)

 
CDFA Rural Development Finance Initiative

The CDFA USDA Rural Development Partnership is a two-year partnership between CDFA and the U.S. Department of Agriculture that will focus on an increase in development finance education and resources for USDA's internal staff.

CDFA USDA Virtual Rural Project Marketplace
March 23 & 24, 2015
Sign up today to participate in the Virtual Rural Project Marketplace, which brings together rural communities and private sector investors to connect rural projects with financing and/or funding.

CDFA USDA Best Practices Publication -- Accepting Projects for Review
CDFA is producing a best practices publication that will feature 10 rural development projects representing best practices in the use of financing and/or funding. To submit your project for consideration, click the link above.

Rural Development Headlines

Funding for Rural Development Projects in Northern Illinois
Dick Durbin | Mar. 2 | Infrastructure Finance | Rural Development | U.S. Dept. of Agriculture (USDA)

Housing is Key to Economic Growth in Rural Areas
SCTimes | Mar. 2 | Economic Development | Rural Development

Graham County, NC Awarded Infrastructure Grant
Mountain Xpress | Feb. 26 | Infrastructure Finance | Rural Development

$155M Agribusiness Fund Makes First Investment
St. Louis Business Journal | Feb. 25 | Access to Capital | Rural Development

MN Legislation Promotes Business Growth in Rural Areas
The Osakis Review | Feb. 25 | Infrastructure Finance | Rural Development

IIRA's Rural Community Economic Development Conference
Western Illinois University | Feb. 24 | Food Systems Finance | Rural Development | State Finance Program

Made in Minnesota Solar Incentive Program
Minnesota Department of Commerce | Feb. 12 | Energy Finance | Green Finance | Rural Development | State Finance Program

Healthy Food Financing Initiative Projects
Rural Assistance Center | Feb. 12 | Food Systems Finance | Rural Development | Urban Development

USDA Designates Natural Disaster Areas and Assistance
USDA | Feb. 11 | Rural Development | U.S. Dept. of Agriculture (USDA)

USDA Designated Drought Area Eligible for Assistance
Farm Futures | Feb. 10 | Rural Development | U.S. Dept. of Agriculture (USDA)

Largest Building Coming Down at Former Norwich Hospital Site
The Bulletin | Feb. 9 | Access to Capital | Bond Finance | Brownfield Financing | Economic Development | Local Finance Program | Rural Development | State Finance Program

USDA's Solid Investment into Local Food Sector
USDA Blog | Feb. 5 | Food Systems Finance | Rural Development | U.S. Dept. of Agriculture (USDA)

2016 Budget: Rural Business Development
The Daily Yonder | Feb. 4 | Rural Development | U.S. Dept. of Agriculture (USDA)

MN Announces Nearly $20M for Rural Broadband
Twin Cities Pioneer Press | Feb. 4 | Infrastructure Finance | Public-Private Partnership (P3) Financing | Rural Development



The Council of Development Finance Agencies (CDFA) is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information, visit www.CDFA.net or email info@cdfa.net.


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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