CDFA and the International Council of Shopping Centers (ICSC) have collaborated with teams of TIF experts from across the country to develop a series of resources that highlight the use of this bedrock development finance tool.The video series addresses what TIF is, why it should be used and how to best apply the TIF tool. The series concludes with several case studies of the TIF tool being implemented in development projects. This series is designed to be a reference for novice and experienced public officials, financers, and real estate developers wishing to learn more about TIF.

The $425 million seawall general obligation bond proposed by the Port of San Francisco would fund the first phase of the so-called seawall resiliency project. It requires two-thirds voter approval. The proposal is part of a larger 30 year, multi-billion dollar seawall resiliency project

The team hoping to redevelop The Balsams Resort is pursuing a $28 million state loan guarantee from the New Hampshire Business Finance Authority. The project already has $20 million in developer equity; about $35 million in other equity, including $15.4 million in funding through EB-5.

The Kresge Foundation and The Rockefeller Foundation have announced a request for letters of inquiry (LOIs) for fund managers establishing new Opportunity Funds. This is a call for LOIs only; the foundations have made no formal financial commitment at this time. The LOI period closes at 5 p.m. PST on July 16.

FIG Partners, one of the nation's premier investment banking and research firms specializing in community banks, has announced its new SBA 504 Loan Purchase Program. The program enables community banks to sell first lien Commercial Real Estate (CRE) loans originated through the SBA 504 Loan Program.

The CDFA Revolving Loan Fund Resource Center contains hundreds of resources specifically on RLFs including best practices in loan fund management, various capitalization strategies, example programs from throughout the country, archives of RLF webinars and more!

A total of 42,176 census tracts were eligible to be designated as Opportunity Zones. A total of 8,762 were designated, and of these, 8,532 were low-income communities and 230 were contiguous communities. In this analysis, the Urban Institute evaluates whether or not states maximized the potential OZ selections.

Legislation resurrecting Michigan's historic preservation tax credit cleared the House Tax Policy Committee after legislators capped the annual amount of credits that could be awarded at $15 million. SB 469 would restore the credit which subsidized up to 25 percent of the costs of rehabilitating historic buildings.

In November 2017, the Missouri Housing Development Commission voted to cut the program, a move led by then-Gov. Eric Greitens' appointments to the commission. The only dissenting members of the commission then were Parson, who was lieutenant governor at the time, and John Hensley, who was standing in for Missouri Treasurer Eric Schmitt.

New Jersey officials have announced that they have come up with $600 million for a key part of the Gateway passenger rail project. The NJ Transit board of directors approved an agreement with the New Jersey Economic Development Authority to provide up to $600 million for the new Portal North Bridge.

Eighty-six Democrats and Republicans in the House are urging the chamber's leaders to develop and pass a long-term, bipartisan infrastructure bill that increases direct federal investment, fixes the Highway Trust Fund, and strengthens private activity bonds.

Once home to the second largest petrochemical complex in the world, the coastal landscape is now a collection of mostly abandoned industrial sites including tank farms and oil refining plants. CDFA staff and technical assistance providers traveled to Puerto Rico to provide financing suggestions for the cleanup and redevelopment of the Corridor as a future Eco-Industrial Zone. Specifically, the team focused on financing strategies for electric, water/sewer, and roadway infrastructure.

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