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CDFA SSBCI Update - June 23, 2015

SSBCI Update
June 23, 2015
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CDFA SSBCI Update

Features

Nebraska Receives Third SSBCI Tranche
According to Business Facilities, the Nebraska Department of Economic Development has received its third tranche of SSBCI funds. The $4.5 million award will fund the Nebraska Progress Loan Fund and the Nebraska Progress Seed Fund.

SSBCI to Help Restore Historic AL Hotel
State and federal officials are attempting to give new life to a historic hotel in Alabama, according to The Tallassee Tribune. Officials hope to use USDA, SSBCI, and HUD funds to restore the damaged site.

The Palmetto Bank Recognized for SC Small Business Lending Efforts
The Palmetto Bank was recognized, for the third year in a row, with South Carolina's SSBCI CAP Top Participating Lender Award, according to upstatebizSC.

SSBCI Coalition Call - July 9
Join the next SSBCI Coalition call at 614-686-7333 on Thursday, July 9 at 2p EDT. Contact Kevin White with any questions.

Upcoming Events
CDFA Summer School
New Additions to the Online Resource Database

SSBCI Audit Report - Kansas
Access to Capital | Federal | State Small Business Credit Initiative (SSBCI) | U.S. Dept. of Treasury
In this audit report by the Office of the Inspector General, Kansas' use of SSBCI funds are examined. The audit finds that Kansas disbursed the majority of its first tranche.

SSBCI Audit Report - Washington
Access to Capital | Federal | State Small Business Credit Initiative (SSBCI) | U.S. Dept. of Treasury
The Office of the Inspector General examines Washington's SSBCI programs in this audit report. The report finds that, as of June 30, 2012, Washington had expended $7.1 million.


The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information visit CDFA.net or email info@cdfa.net


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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