The 2026 CDFA Federal Policy Conference will bring together Congressional leaders, federal agencies, state policy teams, investors, and development finance practitioners for a two-day exploration of the federal policy landscape shaping development finance in the coming year. Hotel rooms are available at the conference hotel for a discounted rate in CDFA's Room Block. We anticipate the block to close on or before March 16, so book your room and register today!

The all-new CDFA Winter Institute debuts February 23-27, 2026! Designed for busy professionals, courses are scheduled without overlap, allowing you to complete multiple core classes in a single week while building a practical, integrated understanding of development finance. This is one of your only opportunities in 2026 to complete CDFA's core introductory training courses. Knock out your DFCP requirement courses this February!

The CDFI Fund published the New Markets Tax Credit (NMTC) Qualified Equity Investment (QEI) Issuance Report (Report). The Report provides information on each entity that has not finalized all of its NMTC allocations, and it identifies, among other things, the total allocation amount received by each entity; the dollar amount of allocation authority that has been issued to investors; the amount remaining to be issued to investors; and the predominant markets to be served by each entity.

The House of Representatives overwhelmingly passed the Housing for the 21st Century Act, a key bill that includes a number of provisions aimed at addressing the nation's affordability crisis. One of the proposals seeks to increase the public welfare investment (PWI) cap from 15% to 20%, unlocking additional capacity for banks to invest in affordable housing and community development. The bill, H.R. 6644, also calls for updating the HOME Investment Partnerships and Community Development Block Grant programs and increasing the maximum multifamily loan limits for mortgage insurance programs administered by the Federal Housing Administration.

Capital Square, a leading sponsor of tax-advantaged real estate investments and an active developer and manager of housing communities across the nation, has officially opened Chasen, a 352-unit, Class A, multifamily community in Richmond, Virginia's Scott's Addition qualified opportunity zone. This milestone marks the firm's fifth successful opportunity zone development completed in Richmond's premier dining and entertainment neighborhood.

Officials with the Oklahoma Water Resources Board, or OWRB, estimate the state's water infrastructure crisis will cost taxpayers up to $24 billion by 2030. Perry Republican Chuck Hall's Senate Bill 1333 aims to make a one-time allocation of $50 million to the board, rather than recurring, and create the "Water Infrastructure Enhancement Revolving Fund," a new low-interest loan program for local jurisdictions to make water-related improvements.

There is one question that should be on U.S. economic policymakers' minds as U.S. Treasury bond yields grind higher, as foreigners appear to be losing their appetite for U.S. government bonds, and as the budget deficit remains at an unusually high level. Who is going to finance the government's massive borrowing needs? Not only does the government now have a $2 trillion budget deficit. It will have to roll over around $9 trillion in maturing debt this year. Failure of policymakers to address the question of the parlous state of the country's public finances risks a full-blown U.S. government bond market and dollar market crisis in the run-up to November's mid-term elections.

Phoenix Community Development & Investment Corporation (PCDIC) is supporting Central Arizona Shelter Services (CASS) with two New Markets Tax Credit (NMTC) allocations totaling $31 million, strengthening CASS's ability to expand shelter capacity and deliver critical services to some of Phoenix's most vulnerable residents.

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