Enroll Now! CDFA Rural Project Marketplace in Charleston, SC
CDFA is excited to offer the Rural Project Marketplace as an opportunity for rural communities and private sector investors to connect rural projects with financing and funding. Join us November 3-6 in Charleston, SC to consult with financing professionals and project experts who can help identify potential resources for your project.
Will Foundations Pay Attention to Rural Philanthropy?
According to Nonprofit Quarterly, Agriculture Secretary Tom Vilsack is disappointed that rural philanthropic grantmaking by the nation's foundations has declined when overall foundation grantmaking has increased nationwide. It's important to educate national grantmaking organizations that they can be unique and critical partners in solving today's most urgent issues in rural areas.
KY Deploys State-Wide Fiber Network through P3
The deal to build a $324 million broadband infrastructure project has been finalized. According to Broadband Breakfast, the KentuckyWired Project, is a public-private partnership to help build a 3400-mile open access network that will span all 120 counties in Kentucky. This unique financing structure, in which Macquarie Capital shares both the benefits and the risks of the project with the state, is viewed as a model for broadband infrastructure projects throughout the country.
Spurring Investments and Innovation in Agriculture
According to Tech Crunch, through public-private partnerships, the USDA has helped to facilitate private equity investments in agriculture-related businesses to boost jobs and ag tech in rural areas. Through the fund and public-private partnerships, the USDA facilitated $161 million in private capital investments in 14 states.
CO Energy Office Awards $1.2M Funding to GRID Alternatives
The Colorado Energy Office awarded $1.2 million in grant funding to GRID Alternatives, a nonprofit organization, to implement a solar demonstration project that focuses on the state's low-income electric energy burden, making solar more accessible and affordable.
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