CDFA's new Small Business Development & Impact Investing White Paper documents the potential of a collaboration between Impact Investors and high performing Development Finance Agencies (DFAs) to fill the capital gaps facing small businesses and to accelerate DFAs as a major source of capital to enable small businesses to grow, create jobs and spur economic and community development.

The Freeport City Council has approved a roughly $1.05 million bond issue that will be used make loans of between $5,000 - $100,000 to entrepreneurs who want to open a business in downtown Freeport. The bond issuance is backed by the downtown TIF district.

The IRS has released a list of frequently asked questions regarding Opportunity Zones. According to the FAQs, taxpayers will self-certify to become Qualified Opportunity Funds (thus no approval by the IRS is required).

In 2017, the Lexington-Fayette Urban County Government started a CSA pilot program for LFUCG employees and the impact to date has been at least $850,000 in sales for Kentucky farmers.

St. George City Council approved a 10-year tax agreement with The Ram Manufacturing Company to incentivize its expansion and creation of new jobs. The City Council previously approved up to $10 million in industrial development bonds for the project.

The state of Kentucky has a large backlog of infrastructure projects due to lack of funding. This article by P3KY discusses how this issue can be addressed by increased use of public-private partnerships (P3s).

The U.S. Environmental Protection Agency (EPA) issued its first-ever loan from the Water Infrastructure Finance and Innovation Act (WIFIA) program to King County, Washington, to help finance its Georgetown Wet Weather Treatment Station.  

CDFA is proud to announce that President & CEO, Toby Rittner, will once-again speak at the upcoming CohnReznick New Markets Tax Credit Summit in Miami on May 15. CDFA encourages you to join us in Miami Beach for the Summit on May 14-16, 2018.

Marin, Calif., General Hospital hopes to issue just under $159 million in revenue bonds next month to help pay for its new hospital wing and parking garage, and to retire debt. The bonds would be repaid over 27 years. 

The Alabama Gulf Coast Zoo is constructing a new facility, financed with $27 million of municipal bonds, outside of an existing flood zone with buildings that can withstand severe category 5 hurricanes.

In this webinar, experts on USDA financing programs will be on hand to discuss the myriad rural development finance programs offered by the USDA, as well as how rural communities can effectively access and deploy USDA grants and loans. The focus of the webinar will be on the Community Facilities (CF) Program, the Rural Energy for America Partnership (REAP), and Rural Business Development Programs.

The Rhode Island Health and Educational Building Corporation is hiring an Executive Director that will be responsible for the day-to-day operations of the Corporation, achieving its objectives as defined in enabling legislation, in the Mission Statement and in directions from the Board.

MassDevelopment is accepting applications for the position of Vice President of Investment Banking in the Agency's finance programs department. Reporting to the Senior Vice President of Institutional Finance, the Vice President of Investment Banking will manage tax-exempt bond transactions in the infrastructure, energy and nonprofit sectors.

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