The Council of Development Finance Agencies is pleased to announce the release of the King County Local Food Facility Development Finance Roadmap Report. For the past three years, CDFA has partnered with King County, Washington to unlock public/private financing dollars to help support the creation of a local food facility that will strengthen the King County region's local food system and increase access to healthy, affordable food for underserved communities.

As we move through 2021, what will the businesses in this massive industry do to recover from the deceleration of travel and large gatherings? During the next installment of the CDFA // BNY Mellon Development Finance Webcast Series, we will explore the landscape of the hospitality industry (large and small) and what is being done to ensure the industry may stay afloat.

The United States economy will return to its pre-pandemic size by the middle of this year, even if Congress does not approve any more federal money to aid the recovery, the Congressional Budget Office said on Monday. But it will be years before everyone thrown off the job by the coronavirus can return to work.

A group of 10 Senate Republicans released new details of their roughly $618 billion coronavirus-relief proposal Monday, including a round of $1,000 direct checks for many adults, ahead of a meeting later in the day with President Biden.

The ongoing COVID-19 pandemic has not slowed down interest in investing in West Virginia. In fact, according to officials with the West Virginia Economic Development Authority, the state has seen an uptick in economic development activity over the past year.

Halo Security Group has moved into the renovated 9,000-square-foot space with support from an acquisition loan from LISC. In business for more than a decade, it employs 100 unarmed guards who work with residential communities, businesses, health facilities, and schools providing security services and on-site safety training.

The Atlanta City Council approved a plan to spend $50 million on affordable-housing development and preservation projects earlier this month, according to a report in The Atlanta Voice. The council approved Atlanta Mayor Keisha Lance Bottoms's executive order to issue $50 million in housing bonds as part of the mayor's campaign pledge to spend $1 billion on affordable-housing efforts.

A variety of proposals have been floated about the best way for Congress to enact legislation to help in the fight against climate change, but certain actions can be taken immediately. One such action is to deploy $40 billion in loan capacity that was previously allocated to the Department of Energy as part of the 2009 stimulus package. This money is now available to the Department of Energy's Loan Program Office.

USDA has posted a notice that $2.3 billion in supplemental Coronavirus Food Assistance Program payments will be temporarily frozen. In the coming days, USDA and the Biden Administration intend to take additional steps to bring relief and support to all parts of food and agriculture during the coronavirus pandemic, including by ensuring producers have access to the capital, risk management tools, disaster assistance, and other federal resources,

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Throughout the CDFA EDA RLF Best Practices Program, several common characteristics emerged from high performing RLFs. The best practices outlined in this guide synthesize these exceptional traits and address the strategies employed by successful EDA RLFs of all sizes. Each recommendation includes a basic description and several resources for expanded learning. This RLF Best Practices Handbook serves as an overview of the best practices that EDA RLF recipients should consider to maximize their lending capacity, support local businesses, and enhance the economic development financing ecosystem in their community.

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