Join the CDFA Equitable Lending Learning Series on Tuesday, July 25 for a discussion on how lenders are developing and implementing new underwriting policies to help reach more borrowers and strengthen their financial health over time. The event will also include program examples of loan funds using alternative underwriting approaches to improve access to capital among underserved borrowers.

The South Carolina Jobs-Economic Development Authority (JEDA) has issued almost $20 million in Educational Facilities Revenue Bonds for new facilities for a 5-year-old public charter school in Belton. The financing will pay for the acquisition, design, and construction of classroom and athletic facilities for Belton Preparatory Academy at 3201 Highway 29 North in the Anderson County community to accommodate increased enrollment.

CDFA is pleased to announce Lori Sallaz, Manager of Bond Finance Programs for the Development Finance Authority of Summit County, Ohio, as the newest graduate of the prestigious Development Finance Certified Professional program. Ms. Sallaz is a great ambassador of the DFCP program and embodies the best and brightest in the development finance industry.

The U.S. Department of Energy announced $90 million in competitive awards to help states, cities, tribes, and partnering organizations implement updated energy codes for buildings. Funded by the Bipartisan Infrastructure Law, these awards will support 27 projects across 26 states and the District of Columbia to ensure buildings meet the latest standards for energy efficiency — reducing greenhouse gas emissions and lowering energy bills for American families and businesses. 

Join CDFA for the 2023 Virtual Summer School August 7-15 and save with the CDFA Scholarship Program! The CDFA Scholarship Program is designed to encourage professional development within the development finance industry and support both CDFA members and non-members with the cost of registration fees. Save an additional $125 when you register for three courses!

Virginia Venture Partners, the equity investment program of Virginia Innovation Partnership Corporation (VIPC), announced an investment in OpsCanvas. OpsCanvas centralizes software deployment operations into an intuitive, visual user interface that simplifies the complexities of modern cloud deployments. VIPC's investment draws upon funds made available through the U.S. Treasury Department State Small Business Credit Initiative (SSBCI) Program.

City officials joined Brinshore Development and the Michaels Organization to start construction today on Westhaven Park IID, a $50 million, equitable transit-oriented development project. City financial support includes $10 million in TIF assistance, $12.8 million in Low-Income Housing Tax Credit equity, and a $6.2 million multi-family loan. Other funding sources include a $13 million CHA loan, $1.1 million in donations tax credit equity, and a $5 million private mortgage loan.

The Michigan Department of Agriculture and Rural Development will receive $92.7 million of the general funds. Among the new funding initiatives is the Agricultural Climate Resiliency Program, established with $7 million to promote the usage and implementation of best regenerative agricultural farming practices and new technologies related to environmental sustainability, including measures to address the impacts of climate change.

The U.S. Department of Agriculture (USDA) announced the opening of the financial assistance application process for eligible farmers, ranchers, and forest landowners who experienced discrimination in USDA farm lending programs prior to January 2021. Section 22007 of the Inflation Reduction Act (IRA) directs USDA to provide this assistance.

The Maryland Department of Housing and Community Development (DHCD) is seeking a CDA Lending and Risk Analyst II/Energy Loan Underwriter. The Energy Loan Underwriter evaluates requests for energy-efficiency financing projects. This includes requesting, securing, and tracking needed documentation from applicants and contractors; processing and reviewing applicant financial and credit risk analysis; issuing Pre-Approval and Decline letters, commitments, and other correspondence.

The Tucson Industrial Development Authority (Tucson IDA) is seeking a Grants & Evaluation Director to lead development activities, which include full cycle proposal development, post-award compliance, monitoring, and evaluation frameworks. The Director collaborates with and advises program staff and functional leaders on strategic initiatives to support a rapidly-scaling, mission-driven organization. To apply, submit a resume, cover letter, and writing sample to angelique@tucsonida.org

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