To celebrate the 4th of July, CDFA is offering everyone 50% off all bookstore purchases made between July 2-6. We're practically giving these books away! This sale only comes around once a year so take advantage by using the promo code JULY4TH when making your purchase.

The New Markets Tax Credits program, alongside ambitious local funds like the Akron Community Revitalization Fund, are helping Akron, OH build itself back up after suffering a decades-long decline in jobs and population.

Colorado Housing and Finance Authority (CHFA) and The Kresge Foundation have partnered to support organizations located in disadvantaged communities. Kresge will provide a $2 million guarantee on eligible Colorado Growth & Revitalization Fund loans, allowing the program to expand its impact and outreach.

Brownsville, Texas, is preparing a bond deal to subsidize a new airport terminal that's been in the works for more than a decade. The city expects to issue $25 million of certificates of obligation for the Brownsville-South Padre Island International Airport in mid-July.

The fund is particularly aimed at minority contractors, to help them with commercial development and business development. The loan fund is available for small businesses, particularly subcontractors, to use toward business operations such as payroll reimbursement, bonding and equipment purchases. 

A growing movement sees community foundations invest in local financial institutions and development projects, empowering entrepreneurship in the underserved communities that need it most.

Sen. Cory Booker, an original co-sponsor of the Investing in Opportunity Act legislation that created Opportunity Zones, sent a letter to Treasury Secretary Mnuchin requesting that he implement safeguards to prevent abuse of the Opportunity Zones provision.

Reps. Darin LaHood, Earl Blumenauer and Sens. Cassidy and Cardin have introduced legislation to eliminate the basis adjustment requirement for HTC transactions. H.R. 6081 & S.3058 will enhance the value of HTC investments from urban cores to rural Main Streets across the country.

The Ohio Development Services Agency awarded $30,228,955 in Ohio Historic Preservation Tax Credits for the rehabilitation of 31 historic buildings. Together, the projects are expected to leverage approximately $348 million in private investment in 13 communities.

Mayor Bill de Blasio announced a $400 million commitment from the New York City Housing Authority to renovate nearly 2,400 apartments across 21 public housing developments in Brooklyn and Manhattan through a public-private partnership.

Alaska Governor Bill Walker has signed a bill allowing the state to issue bonds to pay off tax credits it owes to oil producers – even as the new law faces a lawsuit. The governor's office said the policy change saves the state money in the long run by paying off $1 billion in oil and tax credits at a discount.

West Florissant Avenue is a highly used connector road that runs through the cities of Jennings, Dellwood and Ferguson in St. Louis County. Several properties along the Corridor, including the former AutoZone property, were burned down during the civil unrest following the death of Michael Brown, Jr. in 2014. CDFA staff and technical assistance providers traveled to Dellwood, Missouri to provide financing suggestions for the Redevelopment of the West Florissant Avenue Corridor.

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