Join CDFA for our upcoming Bond Finance Week! The Intro Bond Finance Course will take place on March 13-14 followed by the Advanced Bond Finance Course on March 15-16. Register for one or both of these courses to learn from experts about how to bring economic growth to your community by utilizing the vast resources of the bond finance industry.

The Council of Development Finance Agencies (CDFA) and the National Association of State Departments of Agriculture (NASDA) Foundation are excited to announce their partnership to create the CDFA-NASDA Foundation Socially Disadvantaged Farmers & Ranchers Access to Capital Program in response to the USDA Office of Partnerships and Public Engagement 2501 Grant Program. This program will assist socially disadvantaged farmers and ranchers in building successful operations by accessing sustainable business capital.

The City of Madison, WI partnered with Centro Hispano to break ground on its new cultural and economic hub for the Latinx community. The City is seeking approval of a new Tax Increment Financing district (TID 51) that will provide an estimated $115 million in financial support, including $99 million in TIF funding for South Madison.

In 2017 the town of Hooksett approved the creation of a new Tax Incremental Finance District (TIF) that encompasses the Route 3A corridor from Route 93 Exit 10 to Exit 11. In 2018 the town voted to give $2.5 million as seed funding to get the project started. The TIF District revenues would self-fund the costs.

The Fargo City Commission voted 5-0 to approve a $4.5 million tax increment financing plan to support the BLOC apartments and commercial project slated to redevelop the 1600 block of South University Drive. The TIF property tax break is a big step for the project, which as envisioned will be a five-story building, including 127 apartments, 15,258 square feet of first-floor commercial space, and 278 parking spots.

Bulls Creek Apartments, in Charleston, SC's West Ashley neighborhood, is a 57-unit affordable housing development geared toward families. It was the first project in the city to be completed using revenue from the city's dedicated $20 million affordable housing bond. The primary funding source was low-income housing tax credit equity, and the city has started using tax increment financing for affordable housing.

A project to invest nearly a $250,000 into solar panels atop the Stone Center in downtown Wheeling is driven not only by the benefits of renewable energy, but also by an ongoing effort to propel economic development in the heart of the city. The cost of the solar panel installation would be covered by money generated through the city's Tax Increment Financing District.

A new apartment project in St. Louis Park has received more than $20 million in state tax credits and funds from Hennepin County and the Metropolitan Council, as well as a smaller private loan toward the estimated $28.7 million cost of the building. Still, developer needs $450,000 more and is looking to St. Louis Park to fill the gap through an RLF for affordable housing, seeded with money collected from the city's tax-increment financing (TIF) districts.

CDFA-Bricker Webinar Series: Current Landscape of Public Incentives and Financing Options for Green & Sustainable Assets
March 7, 2023 - 2:00 PM - 4:00 PM Eastern

CDFA Tribal Finance Webinar Series: Tribal Community-Driven Economic Development Solutions
March 14, 2023 - 2:00 PM - 3:30 PM Eastern

>>> VIEW THE TIF RESOURCE CENTER