Join CDFA on September 14, 2022, in Columbus, Ohio for a one-day conference to share best practices within the development finance industry. Experts from across the state will discuss the latest and most innovative development finance tools, authorities, resources, and approaches, and how these can affect the Ohio economy going forward. If you have a stake in Ohio's economic development finance industry, you won't want to miss this event. Space is limited, register today!

The City of Charlotte hopes to issue $500 million in bond anticipation notes for the city to obtain short-term funding over the next two years. The notes will be paid off later with long-term bonds and the funds would pay for an extension of existing water and sewer lines, rehabilitation of water and wastewater treatment plants, new water and sewer mains, and equipment.

The Inflation Reduction Act of 2022, passed by the US Senate on August 7, 2022, will dramatically affect a range of climate change, healthcare, prescription drug pricing, and tax matters. With an investment of more than $400 billion in spending, the act is expected to bring in more than $700 billion in revenue.

Clearinghouse Community Development Financial Institution announced that it was awarded $4 million from the United States Treasury Community Development Financial Institution Fund.  Clearinghouse CDFI will use the assistance to finance the development of affordable housing, targeting projects which benefit homeless and other disenfranchised populations in California, Arizona, Nevada, New Mexico, and Texas.

The U.S. Department of Transportation announced that its Build America Bureau has provided a low-interest loan for $86.6 million to the Louisiana State Bond Commission. The Bureau helps communities across the country reduce the costs of infrastructure projects by providing Transportation Infrastructure Finance and Innovation Act loans, known as TIFIA loans, and other types of financing.

Getting started can often be the hardest part of any operation, but resources for young and beginning farmers are available. Programs such as loans and tax credits help farmers in acquiring agricultural property by offering reduced rates and assisting in the purchase of agricultural land, depreciable machinery, or equipment and buildings.

BRIDGE, a leading nonprofit developer, owner and manager of affordable housing on the U.S. West Coast, estimates this commitment will leverage up to $1B in additional capital for affordable housing. BRIDGE will use the funding to acquire multifamily properties, portfolios and/or land, as well as for refinancing, capital improvements and acquisition of general partner interests.

PepsiCo has closed on a $1.25 billion 10-year green bond that the company will use toward decarbonization of its operations, plastic waste reduction, regenerative agriculture, and pursuing net-positive water impact. A top use of the funds will be toward adopting regenerative agriculture practices across its supply chain, including watershed enhancement, reduction in fertilizer use, farmer training, and improvement projects.

Baltimore's spending board approved $39.3M more in tax increment finance bonds for the city's Harbor Point development, the final piece of public financing for the high profile waterfront project. In 2013, the city approved $125 million worth of public financing for Harbor Point in what's known as tax increment financing or TIF bonds.

CDFA Federal Financing Webinar Series: Funding Community Energy Needs with the Department of Energy
Tuesday, August 23, 2022 - 2:00 PM - 3:30 PM Eastern

CDFA Ohio Financing Roundtable
September 14, 2022 - Columbus, OH

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