The House Ways & Means Committee has released their text of The One, Big, Beautiful Bill that will once again reform the tax code by extending President Trumps 2017 Tax Cuts & Jobs Act. CDFA is excited to announce that tax-exempt bonds have not been included for elimination in this initial bill. The fight to preserve & protect tax-exempt bonds is far from over but this initial legislation provides positive news.

Explore "The One, Big, Beautiful Bill" section by section. The attached document outlines a comprehensive legislative proposal detailing policies across various domains including economic growth, energy independence, government efficiency, and more.

Municipal market participants cheered the survival of their prized tax exemption in the first draft of a sweeping House tax bill but weren't quite ready to pop the Champagne. The release of the Ways and Means Committee tax bill kicks off complex and high-stakes negotiations during which the muni market could find itself again in the crosshairs.

The Economic Innovation Group (EIG) applauds Chairman Jason Smith (R-MO) and the House Ways and Means Committee for including Opportunity Zones (OZ) in their recently unveiled tax legislation. Recent EIG research has shown that OZ investment is targeting high-need communities and contributing significantly to the U.S. housing supply.

The Ways and Means Committee will markup "The One, Big, Beautiful Bill," delivering on President Trump's economic agenda and supporting pro-family, pro-worker tax provisions.

"Fuels America's Economic Growth" outlines how the proposed "One, Big, Beautiful Bill" aims to accelerate U.S. economic growth by permanently extending and expanding pro-growth tax policies to boost wages, manufacturing, investment, and job creation.

"Make Rural America Great Again" outlines how the "One, Big, Beautiful Bill" delivers targeted tax relief and investment incentives to rural communities by permanently extending and expanding Trump-era tax cuts, enhancing expensing provisions, and revitalizing Opportunity Zones in underserved areas.

"Makes America Win Again" outlines how the proposed "One, Big, Beautiful Bill" aims to repeal and phase out every green corporate welfare subsidy under the Inflation Reduction Act, increases the university endowment tax, puts new restrictions on organizations in the tax-exempt sector, and eliminates special tax treatment for sports team owners.

"Puts American Workers First" outlines how the proposed "One, Big, Beautiful Bill" eliminates taxes on tips and overtime, provides tax relief for seniors, and eliminates taxes on auto loan interest.

The 2025 CDFA National Summit on October 8-10 in San Juan, PR, will cover dozens of important and timely topics. Sessions will include discussion about the development finance landscape, bond finance and capital markets, TIF, small business lending, access to capital, revolving loan funds, Puerto Rico's development finance landscape, and so much more.

The Energy Program Associate assists the Program Manager and Senior Program Manager (Administrator) in the implementation of program operations to support the Housing and Building Energy Programs (HBEP), but specifically to programs assigned by the Administrator. The Program Associate interacts with Network Partners, and other stakeholders to provide program guidance and clarify guidelines.

The Project Manager is a professional who organizes, coordinates, and manages energy conservation projects receiving funds for the execution of energy efficiency or greenhouse gas reduction initiatives. The Project Manager will utilize their expertise with communication, organization, critical thinking, and other skills to move projects through the funding process.

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