Kresge Community Finance is a $30 million program-related investment finance offering to certified CDFIs and quasi-public or private DFAs. The foundation will select applications through a competitive Request-for-Proposals (RFP).

The U.S. DOT announced the closing of a $255 million TTIFIA loan to the Chicago Transit Authority to buy new railcars, helping to modernize one of the oldest and busiest transit systems in the country.

Rockford, IL Mayor Larry Morrissey and developer Gary Gorman regularly travel to China in search of investors to transform an abandoned factory into a $67 million Embassy Suites hotel.

Rantoul Press reports SB Development Advisors provided the redevelopment project plan for a new 40-acre TIF district being created in Rantoul, IL that will have about a $15 million budget.

CDFA is pleased to announce the Illinois Finance Authority (IFA) as an official endorser of the CDFA Illinois Financing Roundtable. IFA joins the Illinois Department of Commerce and Economic Opportunity as a supporter of development finance education throughout the state.

The National Geospatial Intelligence Agency (NGA) is currently in the final stages of its site selection process for the relocation of its regional headquarters currently located in St. Louis, MO.

Join the CDFA Illinois Financing Roundtable for the fourth annual conference. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Illinois economy going forward.

Thursday, April 21, 2016 from 2:00 – 3:30pm EST
Join CDFA, EPA, and experienced brownfield communities as we discuss the key features of a successful Brownfield Revolving Loan Fund and the commonalities and challenges associated with implementing this underutilized financing resource. Learn how even the most challenged or understaffed communities can implement Revolving Loan Fund loans and sub-grants. 

The CDFA Scholarship Program, Presented by Public Financial Management, Inc., is designed to support members and non-members who cannot afford the cost of registration fees. Scholarships are available for several different types of CDFA events, including the National Summit, CDFA Training Institute Courses, and State Roundtable Conferences. View the scholarship application to learn more about requirements and available scholarships.

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