Some things are just better in person—like the CDFA National Development Finance Summit! Join us this November in Baltimore for three days of in-depth engagement with leading experts in development finance. This premier event provides opportunities to network, share insights, and explore innovative financing solutions. Register today to take advantage of our Early Bird Rates, which end on October 18! A special thanks to our Presenting Sponsors, the Maryland Department of Commerce and the Department of Housing and Community Development. Don't miss this chance to connect with the best in the industry!

The U.S. Department of Transportation's Federal Railroad Administration (FRA) announced over $108 million in funding for rural rail safety projects across the United States. This investment aims to enhance rail safety and infrastructure, focusing on upgrades to tracks, crossings, and signaling systems in rural areas. The funding is part of a broader initiative to improve rail safety, reduce accidents, and support local economies by ensuring safer and more efficient rail operations. These projects are expected to benefit communities by improving transportation safety and accessibility.

Join us for an essential session on the State Small Business Credit Initiative (SSBCI), investing $1 billion to boost socially and economically disadvantaged individuals (SEDI) in rural areas. Experts will discuss the unique challenges and opportunities facing rural small businesses, sharing best practices for effective marketing and strategies to improve economic outcomes. Connect with like-minded individuals dedicated to revitalizing rural economies and discover innovative approaches to drive sustainable growth. Together, we can empower small businesses to thrive and strengthen our rural communities. Don't miss this opportunity; register today!

The Biden-Harris Administration has announced new measures to strengthen tribal communities in Alaska, focusing on enhancing infrastructure and public services. The U.S. Department of Agriculture (USDA) will provide $20 million to support projects that improve access to clean water, sanitation, and essential services in rural areas. This initiative aims to address longstanding disparities faced by Alaska Native communities and promote sustainable development. By collaborating with tribal leaders, the USDA is committed to ensuring these communities have the resources needed for health, safety, and economic growth, reinforcing the administration's dedication to tribal sovereignty and resilience.

California sold $150 million in bonds to finance the purchase of homes and farms for California veterans. The bonds authorize the issuance of obligations to provide funds for the financing of contracts for the purchase of homes and farms for California veterans under the CalVet Home Loan Program. Under the loan program, the California Department of Veterans Affairs acquires residential property to be sold to eligible veterans. These acquisitions are financed principally with the proceeds of Veterans G.O. Bonds and revenue bonds and from other money available in the Veterans' Farm and Home Building Fund of 1943.

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