Developing an understanding of tribal business practices and engaging with trusted partners is critical to successfully deploying capital. Join us at the CDFA National Development Finance Summit, Presented by CHFA, in Denver, CO on Thursday, November 3 for a session on preserving and growing tribal communities by unlocking specific development finance tools, as well as successful case studies that have utilized these tools.

The USDA is now accepting applications for ReConnect Program loans and grants to expand access to high-speed internet for millions of people in rural America nationwide. The Department is making more than $1B available under the Bipartisan Infrastructure Law. The program is critical to connect every American to affordable, reliable, high-speed internet.

The USDA announced that it is investing $121M in critical infrastructure to combat climate change across rural America. The investments include $111M for 289 projects to help people living in socially vulnerable communities. These investments reflect the goals of President Biden's Inflation Reduction Act, which addresses immediate economic needs and includes the largest ever federal investment in clean energy for the future.

The U.S. Department of the Treasury announced the approval of an additional $66M in broadband funding for New Hampshire under the American Rescue Plan's Coronavirus Capital Projects Fund. The approval completes New Hampshire's $122M total award, which the state estimates will help connect more than 24,000 homes and businesses to affordable, high-speed internet.

The Biden-Harris Administration announced more than $65 million of investments, through the Infrastructure Law, to help the U.S. Department of Agriculture's Forest Service improve water quality, roads, trails and fish habitat nationwide.

Seven agencies will split $3.2 million in federal funding that was awarded for projects aimed at improving rural public transit systems in Kentucky, officials said. The funding will go to agencies across the state that serve 36 counties and fund projects that include bus replacements, technology enhancements, and parking lot maintenance.

U.S. Senators Kevin Cramer (R-ND), Susan Collins (R-ME), Rob Portman (R-OH), and a group of 10 Senators sent a letter to Secretary of Commerce Gina Raimondo, calling on the department to follow congressional intent in implementing the Broadband Equity, Access, and Deployment (BEAD) Program that was created through the bipartisan infrastructure law.

The U.S. Department of Agriculture's (USDA) $300M investment, including with American Rescue Plan funds, in a new Organic Transition Initiative will help build new and better markets and streams of income for farmers and producers. Organic production allows producers to hold a unique position in the marketplace and thus take home a greater share of the food dollar.

CDFA Infrastructure Finance Learning Series: Reviewing the Guidance
Tuesday, October 4, 2022 - 1:00 PM - 4:00 PM Eastern

CDFA Food Systems Finance Webinar Series: Don't Throw Away Opportunity! Creative Financing for Addressing Food-Related Waste
Tuesday, October 11, 2022 - 2:00 PM - 3:30 PM Eastern

>>> VIEW THE RURAL DEVELOPMENT FINANCE RESOURCE CENTER