Join us on December 7 & 8 for the Intro Brownfields Finance Course, the industry's only comprehensive training curriculum that helps economic developers, policymakers, and real estate professionals master the financing strategies for the lifecycle of a brownfield property. Learn the basics of brownfields, the legal and regulatory challenges, and the financing tools available to clean up and build up these sites.

New Jersey Community Capital, New Jersey's largest community development financial institution, has received $40 million in New Markets Tax Credit Program Awards from the U.S. Department of the Treasury's CDFI Fund. This investment is part of a larger $5 billion round of funding in NMTC awards nationwide aimed to support economic development initiatives in rural and urban low-income communities.

The State of Minnesota is receiving $15 million from the United States Department of Agriculture to establish a revolving loan program that will support small and medium-sized meat and poultry processors. The new Meat and Poultry Revolving Loan Fund will be available through the Minnesota Department of Agriculture's (MDA) Rural Finance Authority.

The U.S. Department of Agriculture (USDA) is providing $759M in loans and grants from the ReConnect Program to bring high-speed internet access to people living and working across 24 states, Puerto Rico, Guam, and Palau. These investments include funding from President Biden's Bipartisan Infrastructure Law, which provides a historic $65B to expand reliable, affordable, high-speed internet to all communities across the U.S.

Governor Gretchen Whitmer joined the Michigan Economic Development Corporation to announce Michigan Strategic Fund approval of a wide range of projects, that, in total, will create 1,869 jobs and generate more than $550 million in investment in Michigan.

Greater Commercial Lending, which provides loans to businesses and organizations in under-served and rural communities, has completed approximately $50 million in financing for a high-tech berry farm in Somerset, Kentucky. The farm will use up to 90% less water than open field growing and will produce yields up to 30 times greater than those from traditional agriculture,

Funds from last year's Infrastructure Investment and Jobs Act could help fire managers in Arizona as wildfires continue to burn bigger and hotter. The law includes more than $8B for resilience projects and will help implement a 10-year plan to fight wildfires in the state. It'll pump more than $60M into the long-stalled Four Forest Restoration Initiative along with the Flagstaff Watershed Protection Project and other forest health projects on the Coconino and Tonto national forests.

The U.S. Department of Agriculture (USDA) announced that distressed borrowers with qualifying farm loans received assistance as part of the $3.1B for distressed farm loan borrowers provided through the Inflation Reduction Act (IRA). The IRA directed USDA to expedite assistance to distressed borrowers of direct or guaranteed loans administered by the USDA's Farm Service Agency (FSA) whose operations face financial risk.

CDFA-Bricker Webinar Series: PACE and Traditional Lending Institutions
Tuesday, November 22, 2022 - 2:00 PM - 4:00 PM Eastern

CDFA Infrastructure Finance Learning Series: How Different Communities Can Benefit From IIJA
Tuesday, December 6, 2022 - 1:00 PM - 4:00 PM Eastern

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