Agriculture Secretary Sonny Perdue has announced that USDA is awarding four loans to help provide broadband service in rural portions of California, Illinois, Iowa and Texas.

Some of the top holders of Illinois debt aren't bailing out, even as the state slides toward a junk bond rating. The reason? They say Illinois isn't an economic basket case, just the victim of a political logjam that will one day be broken.

The Illinois Department of Commerce and Economic Opportunity has certified the Upper Illinois River Valley Development Authority Enterprise Zone that includes La Salle, Bureau, Putnam, Marshall, McHenry, Grundy, Kane, Kendall and Lake counties.

Rivian Automotive first began discussions with the town and factory owner in mid-September, before announcing on December 9 that they had entered into an agreement to purchase the facility. The Town of Normal gave the company an incentive package, including a five-year tax abatement and a $1 million grant.

The Sangamon County Board unanimously approved an extension of enterprise zone tax breaks to the developer of a proposed natural-gas power plant south of Pawnee. The Springfield City Council and Illinois Department of Commerce and Economic Opportunity also must approve the enterprise zone expansion.

Despite the governmental gridlock, the fifth most-populous state has "strong fundamentals" and the power to tax and grow its way out of the financial hole, Citigroup said in a report to clients, citing the diverse economy and strong legal security backing its debt.

CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program.

During this special webinar from CDFA, learn from expert speakers and previous awardees as we discuss the RCDI program, how to apply, and recommendations for successful applications.

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