The CDFA National Development Finance Summit, Presented by CHFA, is happening in Denver, CO on November 2-4. This in-person event will bring together the leaders and dealmakers in the development finance industry to discuss best practices, trends, and project financing solutions. After a long three years, we can't wait to see you there!

Petros PACE Finance (Petros), the largest C-PACE provider in the country and a leader in innovative and structured finance, today announced that it has closed on a record $153 million C-PACE financing as part of the $820 million, 580-acre world-class development, Black Desert Resort Project in Ivins, Utah.

The idea of leaning on emerging technology to issue municipal bonds in small denominations has the potential to benefit governments and investors alike. But can the muni market adapt? This article answers this question by discussing the use of blockchain technology in the municipal bond market.

The state Senate passed an agricultural tax credit bill on Tuesday that includes incentives for meat processing, urban farming and purchases of farm equipment. The bill passed 26-3 and now heads to Governor Mike Parson's desk, where he is expected to sign it.

Bank of America Corp plans to deposit an additional $100 million into banks that focus on minority communities. The program doubles Bank of America's earlier pledge to deposit $100 million in minority depository institutions, or MDIs, that are mostly owned by minority individuals.

CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, proudly launches their fourth Green Liberty offering, a crowdfunding campaign made possible in partnership with Raise Green, a social and environmental marketplace for impact investing. Through this offering, Connecticut residents and citizens nationwide can invest as little as $100 to support small businesses improving their energy efficiency and reducing energy costs.

Money would fund climate resilience programs and low- or no-interest loans for small business green energy projects. $4 million would go to replenish funds in the Rhode Island Department of Environmental Management's brownfield remediation program.

The chief of the St. Louis Development Corporation has pledged to focus resources from an unprecedented infusion of federal aid on four struggling areas of the city, part of the plan guiding the city's new economic development philosophy under Mayor Tishaura O. Jones. This included the release of two major policy documents - the Economic Justice Action Plan and a draft of SLDC's new scorecard for awarding development incentives.

Roughly $8.28 billion in relief funds have been disbursed to 162 community financial institutions across the country, through Treasury's Emergency Capital Investment Program. The funding regime is one of several pandemic relief programs meant to support community financial institutions — which provide loans, grants, and other assistance to small and minority-owned businesses that have difficulty getting funding from traditional banks.

Freedom Equity Inc. is seeking a relationship manager position. This position requires an exceptional communicator who can work well at the intersection of financial strategy and customer service, thrives in dynamic, multi-cultural settings, and is passionate about entrepreneurship, building sustainable communities and addressing economic, social, and racial justice. Please direct any questions to J. Averi Frost, 614-484-7075, contact@freedomequity.org.

Kroll is seeking a Senior Associate, Site Selection and Incentives Advisory who helps the company select sites that meet future workforce needs and secure value from business incentives. This position will help deliver clarity to our clients' most complex governance, risk, and transparency challenges.

The Council of Development Finance Agencies (CDFA at www.cdfa.net) seeks a motivated, well-organized, and energetic individual to fill the position of Marketing & Communications Manager. This position will be responsible for working with fellow CDFA team members to coordinate and execute the organization's various activities related to outreach, marketing, communication, and quality control.

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This report builds on previous publications to further examine the characteristics, financing experiences, and credit outcomes for three subsets of small business credit applicant firms: those that applied to only online lenders, those that applied to only banks, and those that applied to both online lenders and banks.

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