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Development Finance Review Weekly - April 30, 2026

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Development Finance Review Weekly
April 30, 2026
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CDFA Development Finance Review Weekly

Spotlight

Take Advantage of the CDFA Opportunity Zones Hub!
The CDFA Opportunity Zone Resource Hub includes OZ resources and latest news, helping communities throughout the country become OZ Ready. Many Opportunity Zone updates will occur throughout 2026 as Opportunity Zone 2.0 designations become official. This Resource Hub is regularly updated to help you stay in the know with all things Opportunity Zones. Visit the Hub to learn more about CDFA's Education, Advocacy, Resources, and Networking opportunities centering on OZ 2.0!

Features

Learn About P3 and PACE Finance for Less! Join us for Two Upcoming Training Courses
CDFA is excited to share that we're offering a training course discount for the upcoming Intro P3 Finance Course on May 5 and the Intro PACE Finance Course on May 6. Register for one course at full price and get a second one for 20% off.

Endorse the Build to Scale Reauthorization Act of 2026
In the coming weeks, Reps. Haley Stevens (D-MI) and Jim Baird (R-IN) will introduce the bipartisan Build to Scale Reauthorization Act of 2026. B2S, managed by the EDA, is the federal government's largest, most flexible pool of annual funding designed specifically for regionally designed innovation initiatives. Learn how to support this bipartisan legislation today.

Johns Hopkins and Bloomberg Philanthropies Announced Love Your Block Grant Program
The Love Your Block Program includes a two-year $270,000 grant for program implementation and staffing, focused on resident engagement, impact volunteering, and project management. This program includes the mini-grant competition, which serves as both a funding mechanism and an engagement tool by awarding $1,500–$5,000 in seed funding to residents and community partners to lead volunteer-driven neighborhood projects. Applications open through June 1, 2026.

NOFO: Building Resilient Infrastructure and Communities (BRIC) Grant Program
The Federal Emergency Management Agency (FEMA) Building Resilient Infrastructure and Communities (BRIC) Grant Program is offering grants of up to $20 million to support pre-disaster mitigation activities that reduce disaster losses, protect life and property from future disaster damages, and increase community resilience to natural hazards. The deadline to submit applications is July 23, 2026.

NOFO: Natural Gas Distribution Infrastructure Safety and Modernization (NGDISM) Grant Program
The NGDISM Grant program provides close to $1B in grant funding over five years, to improve the safety and efficiency of high-risk, actively leaking, or leak-prone natural gas distribution infrastructure. Grant funding may be used to repair, rehabilitate, or replace existing gas distribution pipeline infrastructure. Grantees may also acquire equipment intended to reduce incidents and fatalities and avoid economic losses. This is the final year of the program, with applications due May 22, 2026.

NOFO: Safe Streets and Roads for All (SS4A) Grant Program
The Infrastructure Investment and Jobs Act (IIJA) established the Safe Streets and Roads for All (SS4A) competitive grant program with $5 billion in appropriated funds over 5 years, 2022-2026. The SS4A program funds regional, local, and Tribal initiatives through grants to prevent roadway fatalities and serious injuries. Approximately $1 billion is still available for the next funding round, with applications due May 26, 2026.

FEMA Approves More Than $41.5M to Support Mitigation Projects in the Southeast
FEMA announced more than $41.5 million in funding to Florida, Georgia and South Carolina for long-term projects that will make local communities more resilient to disasters. These awards are from FEMA's Hazard Mitigation Grant Program, which empowers states, local governments, tribal nations and territories to complete activities and projects that prevent, eliminate, or reduce disaster-related damage.

Treasury Puts CDFIs Under New Scrutiny Amid Push To Cut Fund By Two-Thirds
The Treasury Department said it has launched a review of certified Community Development Financial Institutions to look for potential violations of law or CDFI program requirements, signaling a new oversight push as the Trump Administration simultaneously seeks to sharply reduce funding for the CDFI Fund.

NOFO: Railroad Crossing Elimination (Crossing Safety) Program
U.S. Transportation Department Secretary Duffy announced a $1.1B investment into improving safety infrastructure at railroad crossings to save American lives. The Federal Railroad Administration's (FRA) Railroad Crossing Elimination Grant Program or Crossing Safety Program focuses on crossing projects that improve the safety and mobility of people and goods, eliminate railroad crossings that are frequently blocked by trains, and educate communities on railroad crossings to save lives.

Upcoming Events
Intro Public-Private Partnership (P3) Finance Course
Upcoming Webcasts

TIF Networking Circle Forum
May 13, 2026 - 1:00 PM - 2:00 PM Eastern
CDFA's TIF Networking Circle Forums are quarterly, one-hour virtual meetups that bring together professionals working with Tax Increment Financing. Led by expert Ambassadors, these sessions offer a space to share ideas, explore real-world challenges, and stay connected between meetings through ongoing online discussions. Whether you're new to TIF or managing complex deals, these circles offer valuable insight and community.

CDFA Opportunity Zones Learning Series: New Developments, Tract Selection, and Leveraging Bonds
May 14, 2026 - 1:00 PM - 2:30 PM Eastern
This session will highlight tract selection trends and provide practical guidance for preparing communities and aligning selections with local economic priorities. Attendees will also learn how to structure bond programs to attract and secure Opportunity Zone investments.

CDFA // BNY Development Finance Webcast Series: Bonds for Small Business and Entrepreneurial Development
May 19, 2026 - 2:00 PM - 3:00 PM Eastern
During this installment of the CDFA // BNY Development Finance Webcast Series, panelists will examine how bonds can finance small-business infrastructure, such as incubators and co-working spaces, to strengthen entrepreneurial ecosystems and job creation..

Job & RFP Postings

Maryland DHCD - Energy Administrative Assistant
The Energy Administrative Assistant performs administrative tasks for the energy programs, which includes receiving and distributing mail, answering incoming customer inquiries, and sending status updates to clients. This position interacts with customers on a daily basis, including assisting clients in person, by phone, and by email. Client concerns must be received, handled, and addressed according to standard operating procedures, and if necessary, should be escalated to the appropriate managers for resolution.

Maryland DHCD - HCD Financial Analyst I, Accountant
This position maintains the existing Single Family portfolio consisting of 4,000 Mortgage loans worth over $309 million and Master Servicer for Down Payment Assistant (DPA) Loans and reports accurate and timely information regarding these loans to senior management for inclusion in bond disclosures, CDA's general ledger team, other CDA staff, CDA's Single Family Sub-servicer and Trustee.

Invest Atlanta - Learning & Development (L&D) Manager
The ideal candidate is both strategic and hands-on. In addition to contributing to learning & development programs, the successful candidate is also responsible for administrative and operational support within the HR function, including, but not limited to, onboarding and offboarding. This position will collaborate with the HR team to ensure work is completed as required. Resumes should be submitted to: jobs@investatlanta.com.

Grow America - Commercial Loan Processor
This position is for a Commercial Loan Processor who will play a critical role in managing loan files from application through closing, ensuring accuracy, completeness, and compliance across all lending activities. This is an exciting opportunity for a highly organized and detail-oriented professional to support the end-to-end loan process, coordinate across internal and external stakeholders, and help deliver a seamless borrower experience. The Loan Processor will work under the supervision of the Director of Credit and collaborate closely with the Closing and Lending teams, while demonstrating strong independent judgment and ownership of their work.

Grow America - SBA 7(a) Analyst
The Credit Analyst will work under the supervision of the Director of Credit while exercising strong independent judgment and ownership over their work. This is an exciting opportunity for a detail-oriented and analytical professional to evaluate creditworthiness, structure loan recommendations, and manage a pipeline of credit requests. As a fully remote role, this position is best suited for a self-starter who is highly organized, dependable, and able to manage priorities independently while collaborating effectively across teams. The ideal candidate is a proactive solution finder who thrives in a flexible environment, demonstrates accountability, and consistently delivers high-quality work in a timely manner.

This Week's Headlines

JEDA Issues $48M in Bonds to Finance Improvements at Bishop Gadsden Community
South Carolina Jobs-Economic Development Authority | Apr. 29 | Bond Finance | Community Development

Central Health, Virginia Episcopal School Seek Bonds for Capital Improvement Projects in Lynchburg
Cardinal News | Apr. 28 | Bond Finance | Healthcare | U.S. Economic Development Administration (EDA)

Department of the Treasury Announces Key Nomination
U.S. Treasury | Apr. 28 | Federal | U.S. Dept. of Treasury

EPA Hosting Series of Virtual Engagement Sessions for Local Governments
U.S. Environmental Protection Agency | Apr. 28 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Major Senior Housing Development Opens in Florida
Affordable Housing Finance | Apr. 28 | Housing Finance | Tax Credits

Regional Infrastructure Accelerators Program - Grant Awards Announced
U.S. Department of Transportation | Apr. 28 | Infrastructure Finance | U.S. Dept. of Transportation (DOT)

Treasury Department Announces New Appointments
U.S. Treasury | Apr. 28 | Federal | U.S. Dept. of Treasury

2027 Opportunity Zone Eligible Tracts - Webinar Recording
OpportunityZones.com | Apr. 27 | Federal | Opportunity Zones

Arizona's $17.9B Budget Proposal Would Repeal TIF District, End Solar Tax Credits
abc15.com | Apr. 27 | Legislative | Tax Credits | Tax Increment Finance (TIF)

BlackRock Says Higher Government Bond Yields Are Here to Stay
Yahoo Finance! | Apr. 27 | Bond Finance

City of Rock Island, IL, Considers New Housing Rehab Program Using TIF Funds
aol.com | Apr. 27 | Community Development | Housing Finance | Tax Increment Finance (TIF)

EPA Announces $80M in Funding to Protect Waterways from Sewage Overflows
U.S. EPA | Apr. 27 | U.S. Environmental Protection Agency (EPA) | Water Finance

House Republicans Introduce Bill to Extend Renewable Tax Credits
Utility Dive | Apr. 27 | Energy Finance | Tax Credits

Intel $6.5B Bond Sale Signals Investor Hope in Turnaround
Yahoo Finance! | Apr. 27 | Bond Finance

Letter Calling for Federal Housing & Community Program Funding for FY27
National Low Income Housing Coalition | Apr. 27 | Housing Finance

RI Infrastructure Bank Closes On $26.2M Loan For Lead Service Line Replacement Program
Rhode Island Infrastructure Bank | Apr. 27 | Infrastructure Finance | Revolving Loan Funds (RLFs) | Water Finance

Stalled Farm Bill, Slashed Grants Undercut Farmers' Water Protection Efforts
circleofblue.org | Apr. 27 | Agriculture Finance | Federal | Rural Development | Water Finance

Submit Your Nominations for Best Agricultural Lending Company 2026
Global Banking & Finance Review | Apr. 27 | Agriculture Finance

Treasury to Prevent Abuse of Community Development Financial Institutions Fund
U.S. Department of Treasury | Apr. 27 | U.S. Dept. of Treasury | U.S. Dept. of Treasury CDFI Fund

What Small Business Owners Should Know About Atlanta Opportunity Zones Program
www.wsbradio.com | Apr. 27 | Community Development | Economic Development | Opportunity Zones

Lawmakers Introduce Bills Targeting Tribal Water Rights
Tribal Business News | Apr. 26 | Tribal Finance | Water Finance

$500K Grant Program Offered Through NIU for Educators Focused on Food Systems
shawlocal.com | Apr. 26 | Education | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

Bipartisan House Coalition Presses Leadership to Remove Section 901
The Real Estate Roundtable | Apr. 24 | Housing Finance | Legislative

EPA Has a Plan to ‘Unmake' Plastic Waste
The Hill | Apr. 24 | Federal | U.S. Environmental Protection Agency (EPA)

FCLF Closes on NMTC Financing for Boys & Girls Clubs of Palm Beach County
Florida Community Loan Fund | Apr. 24 | Community Development | Revolving Loan Funds (RLFs) | Tax Credits

Huntsville, AL, City Council Takes First Step Toward New TIF District
yahoo!news | Apr. 24 | Community Development | Economic Development | Tax Increment Finance (TIF)

NOFO: USDA Issues Second SDRP Payment to Farmers, Extends Program Application Deadline to August 12
U.S. Department of Agriculture | Apr. 24 | Agriculture Finance | Disaster Recovery & Relief | Federal | U.S. Dept. of Agriculture (USDA)

West Des Moines To Spend $110M on Valley West Mall Redevelopment
whoradio.iheart.com | Apr. 24 | Bond Finance | Redevelopment | Tax Increment Finance (TIF)


CDFA President's Club Spotlight

SB Friedman Development Advisors SB Friedman Development Advisors
SB Friedman Development Advisors is a real estate and development advisory firm specializing in development strategies and public-private partnerships. Founded in 1990, they work with public, private, and institutional clients. Their mission is to...
Stifel Nicolaus Stifel Nicolaus
Stifel Nicolaus, founded in 1890, is a full-service securities firm dedicated to development finance. Stifel Nicolaus has developed innovative public financing structures for private developments saving millions of dollars for our public and...
The Bond Buyer The Bond Buyer
The Bond Buyer is the only independent information resource serving municipal finance professionals, offering an unparalleled blend of news, analysis, and data that sets it apart in the industry. Moreover, it provides comprehensive education on...

CDFA Bookstore

Cover thumbnail Practitioner's Guide to Economic Development Finance 3rd Edition
The Practitioner's Guide provides the insight and practical information needed to critically understand how economic development is financed and the tools, strategies and techniques used to build strong communities.

New Members

Connect Humanity - Tiburon, CA

Weber County Utah - Ogden, UT

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 about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.

Council of Development Finance Agencies
425 Metro Place N., Suite 460
Dublin, OH 43017
(614) 705-1300
info@cdfa.net

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CDFA President's Club

  • BNY
  • Bricker Graydon Wyatt LLP
  • CohnReznick
  • Colorado Housing and Finance Authority
  • FBT Gibbons
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • PGAV Planners, LLC
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
Become a CDFA President's Club Member