Join CDFA for an exclusive online workshop that will dive deep into the Greenhouse Gas Reduction Fund (GGRF) and its pivotal components, including the $14 billion National Clean Investment Fund (NCIF) and the $6 billion Clean Communities Investment Accelerator (CCIA). The GGRF Readiness Workshop will equip you with the knowledge and tools needed to navigate and leverage these significant funding opportunities effectively. Don't miss out on the chance to enhance your funding strategy and boost your project's success!

158,550 Pennsylvanians claimed more than $260 million in tax credits on their 2023 tax returns for installing solar or making other energy efficiency improvements on their homes, according to new data released by the U.S. Department of the Treasury. Under the Inflation Reduction Act (IRA), Americans can get reimbursed for 30% of the cost of installing solar or other renewable energy technologies on their home through the Residential Clean Energy Tax Credit.

Register for CDFA's Intro Tax Credit Finance WebCourse, taking place on September 25-26. Join us in learning about the application of tax credit programs and their use in greater economic development finance efforts. Our panel of expert speakers will discuss tax credit programs, including new markets, low-income housing, historic preservation, and state-specific programs.

Cleveland Development Advisors has allocated $10 million in federal New Markets Tax Credits to Cleveland Kitchen to consolidate and expand its production facility in the Central Kitchen Food Hub. The hub is a food incubator and accelerator on Carnegie Avenue in Cleveland's Midtown neighborhood. The expansion resulting from this investment is intended to create 80 new permanent jobs and retain 45 positions in Cleveland, OH. 

CDFA was honored to launch the Louisville Metro Government (LMG) Strategic Development Finance Framework we authored for LMG in early August. The plan was presented to community stakeholders in Louisville and is part of LMG's launch of their new economic development organization called LEDA. Our framework will guide their efforts to build development finance capacity and structure. Congratulations to our CDFA authors Toby Rittner, Fawn Zimmerman, and Andres Caro. Contact Fawn Zimmerman at fzimmerman@cdfa.net for inquiries about CDFA Advisory Services.

Reunion, a leading clean energy finance company, has collaborated with Summit Ridge Energy, the leading commercial solar company in the U.S., to sell approximately $40 million of transferable tax credits from a portfolio of community solar projects in Virginia. These tax credit sales were made possible by the Inflation Reduction Act of 2022. They will immediately enable Summit Ridge to expand its footprint of clean energy assets in disadvantaged communities across the U.S.

Tax credits through Pennsylvania's innovative conservation financing program, Resource Enhancement and Protection, can be combined with other state funding, including the Agriculture Conservation Assistance Program, and Conservation Excellence Grants, as well as federal funding to help pay for farm enhancements that protect the environment and boost farm sustainability.

Florida Community Loan Fund (FCLF) has finalized closing on New Markets Tax Credit (NMTC) financing for Central Florida Health Care (CFHC). FCLF provided $20 million in NMTC allocation for new construction of two facilities in Lakeland and Frostproof, Florida. Without NMTC, CFHC would solely rely on growth and grant funding, which alone does not provide enough capital to cover construction costs.

2024 Greenhouse Gas Reduction Fund Readiness Workshop
September 18, 2024 - 1:00 PM - 4:00 PM Eastern

CDFA Food Systems Finance Webinar Series: Driving Food Systems Investment with Tax Credits
September 24, 2024 - 2:00 PM - 3:30 PM Eastern

>>> VIEW THE TAX CREDITS RESOURCE CENTER