CDFA Energy Finance Update - January 3, 2023
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Features |
Announcing the Return of CDFA's Fundamentals of Economic Development Finance Course
CDFA is proud to kick off the new year with the return of the Fundamentals of Economic Development Finance Course on January 25-26, 2023! This course will help attendees understand the variety of development finance tools available including bonds, tax credits, tax increment financing (TIF), federal financing programs, RLFs, Opportunity Zones, and access to capital lending resources.
D.A. Davidson Closes $48M in C-PACE Financing for Black Rock Mountain Resort in Utah
D.A. Davidson's Special District Group, a nationally recognized team of capital market professionals, has closed $48 million in Commercial Property Assessed Clean Energy (C-PACE) financing for Black Rock Mountain Resort in Wasatch County, Utah.
Snohomish County, WA Launches Commercial Building Sustainability Program
The Snohomish County Department of Conservation & Natural Resources' Office of Energy and Sustainability launched the Commercial Property Clean Energy & Resiliency Program to help commercial property owners obtain low-cost financing for energy efficiency, natural disaster and resiliency upgrades that carry with the life of the property instead of the property owner.
Rice County, MN Joins Program Offering Loans for Farm, Business Energy Improvements
Rice County, Minnesota has entered into a joint powers agreement with MinnPACE, to provide Commercial Property Assessed Clean Energy (C-PACE) financing to commercial building owners and farm operators county-wide.
North Bridge Closes Florida's Largest C-PACE Deal With $42M Hotel Loan
HB Capital Group has sealed a $42 million Commercial Property Assessed Clean Energy (C-PACE) loan for the renovation of a hotel in Miami-Dade County to mark the largest C-PACE transaction in Florida to date.
Kalispell Council in Montana Moves Ahead With Infrastructure Financing Program
Kalispell City Council moved forward with establishing a special district that would assist commercial property owners with installing energy-efficient infrastructure. Council approved a resolution of intent to establish a C-PACE, which is a financing program instituted in Montana by a law passed in 2021.
Massachusetts Announces $180M Investment in Offshore Wind Infrastructure
Governor Charlie Baker and Lt. Gov. Karyn Polito announced $180M in funding for a variety of projects that will work to build up the state's offshore wind industry. Some of the $180M is coming from the economic development bill, while federal dollars from the American Rescue Plan Act will fund the rest of the investment.
North America's Largest Landfill Solar Project is Now Complete in Mount Olive, NJ
The largest landfill solar project in North America, a 25.6 megawatt (MW) solar farm in Mount Olive, New Jersey, has been turned into a revenue-generating, clean energy asset. The Combe Fill North Landfill site is a brownfield site that operated from 1966 to 1978, and it now hosts 56,000 solar panels. It contains domestic and industrial waste and dry sewage sludge.
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Upcoming Events |
SSBCI Learning Series - Compliance: Program Reporting Requirements
February 16, 2023 - 2:00 - 4:00 PM Eastern
During the 2023 SSBCI Learning Series, CDFA will elevate conversations and host sessions geared toward successfully implementing new SSBCI programs and financial products, reaching targeted small businesses and business sectors, and effective program reporting and compliance strategies.
Intro Bond Finance WebCourse
March 13-14, 2023 - Daily: 12:00 - 5:00 PM Eastern
The Intro Bond Finance WebCourse provides an in-depth look at governmental and qualified private activity bonds, with a focus on industrial development bonds (IDBs), 501(c)(3) non-profit bonds, exempt facility bonds, and other special bond programs authorized by the federal government.
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Energy Finance News |
PACE Loan Group Invests In Solar at 1000 Omega Corporate Center
Cision | Dec. 31, 2022 | Energy Finance | Property Assessed Clean Energy (PACE)
$4M Awarded for Long Island Regional Clean Energy Hub
LONGISLAND.com | Dec. 31, 2022 | Energy Finance | Green Finance
New Program to Offer Polk County, IA Homeowners Solar Energy Financing Options
NEWSRADIO 1040 | Dec. 31, 2022 | Energy Finance | Green Finance
Tallgrass Announces Series of Initiatives in Southeast Louisiana
The Tullahoma News | Dec. 31, 2022 | Community Development | Energy Finance | Resiliency
Forbright Announces Green Bond Report
Yahoo Finance | Dec. 28, 2022 | Bond Finance | Energy Finance | Green Finance | Property Assessed Clean Energy (PACE)
Bureau of Reclamation Requests Tribal Consult on Inflation Reduction Act
Federal Register | Dec. 28, 2022 | Access to Capital | Development Finance Toolbox | Energy Finance | Federal | Green Finance | Legislative | Tribal Finance | Legislative Activities
Lebanon County, PA Commissioners Adopt 2023 Budget With No Tax Hike
LEBTOWN | Dec. 28, 2022 | Energy Finance | Property Assessed Clean Energy (PACE)
New Pennsylvania Report Looks at Higher Tax Credit Spending
Pittsburgh Post- Gazette | Dec. 25, 2022 | Economic Development | Education | Energy Finance | Legislative | State Finance Program | Tax Credits
$1.7T Federal Spending Bill Includes Over $10M for Aiken County, SC Projects
Yahoo! Finance | Dec. 23, 2022 | Access to Capital | Healthcare | Infrastructure Finance | Legislative | Revolving Loan Funds (RLFs) | Rural Development | Water Finance
USDA Accepts Applications for Rural Energy for American Program
DRG News | Dec. 17, 2022 | Access to Capital | Agriculture Finance | Energy Finance | Federal | Green Finance | Rural Development | U.S. Dept. of Agriculture (USDA) | Loan Guarantees | Energy Efficiency Programs | Rural Energy Programs | USDA Rural Energy for America Program Grants (REAP Grants) | USDA Rural Energy for America Program Guaranteed Loan Program (REAP Loans)
U.S. Farm Agency to Spend $600M on Rural Clean Energy Projects
Yahoo! Finance | Dec. 15, 2022 | Agriculture Finance | Energy Finance | Legislative | Rural Development | U.S. Dept. of Agriculture (USDA)
Maine Solar Projects Receive $80M in USDA Loans
Maine Public | Dec. 15, 2022 | Access to Capital | Energy Finance | Federal | Green Finance | Legislative | Rural Development | U.S. Dept. of Agriculture (USDA) | Legislative Activities | Rural Energy Programs | USDA Rural Energy for America Program Grants (REAP Grants)
Bioenergy Project Helps Fuel Community Connections on Chicago, IL's South Side
Energy News Network | Dec. 12, 2022 | Brownfield Financing | Community Development | Energy Finance | Redevelopment
U.S. Considering New Priority Areas for Solar Energy on Public Lands
NASDAQ | Dec. 6, 2022 | Energy Finance | Federal | Green Finance | Infrastructure Finance | Case Studies
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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
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Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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