The Environmental Protection Agency announced that it is terminating its $7 billion Solar for All program that was designed to bring renewable and affordable energy to low-income communities. Solar for All provided funding to 60 grant recipients that planned to create or expand existing low-income solar programs, with the goal of enabling 900,000 households across the country in disadvantaged communities to utilize solar energy to reduce their home energy bills. The Solar for All money had already been obligated to state entities, which then gave grants to lending institutions. Because pots of the money were considered obligated, grantees argue the Trump administration can't reclaim it now.

CDFA's TIF Networking Circle Forum, sponsored by Stifel, offers quarterly, hour-long virtual meetings connecting professionals focused on Tax Increment Financing (TIF). These member-only sessions foster open dialogue, peer learning, and problem-solving, facilitated by Ambassadors who guide discussions and promote ongoing engagement. Participants, from those new to TIF to experienced managers, can gain practical insights and learn from successes in various communities. The first session takes place August 21 at 1:00 PM Eastern. Register today!

The final text of the fiscal package signed by President Donald Trump in July adopts nearly all the qualified opportunity zone (QOZ) changes from the Senate's June 16 version. It preserves the current qualified opportunity fund investment window and gain-benefit exclusions while making the QOZ incentive permanent and extending certain benefits to investments made after Dec. 31, 2026. But a noticeable change to the new and improved program is its preference for rural opportunity zones. The new tax law also introduces qualified rural opportunity funds, or RQOFs, which offer enhanced benefits and may significantly lower barriers for large-scale, capital-intensive projects in rural areas.

This Weekly Market Update, courtesy of CDFA Member, NW Capital Markets Inc., shares market commentary for the week of August 4 - August 8, 2025.

CDFA is excited to announce the agenda for the 2025 National Development Finance Summit in San Juan, PR, October 8-10! We're proud to bring you a diverse schedule designed around the most pressing issues in our industry and inspired by our conference location: Puerto Rico. Join us for breakout sessions covering topics like Housing Finance, Opportunity Zones, Clean Energy, Food Systems, Disaster Recovery, Bridging Gaps in Federal Finance, and much more. Look forward to special Puerto Rico development spotlights and collaborations with local San Juan organizations you can't get at any other conference. You won't want to miss our Signature Event: The Community Capital Collaborative connection-building session. Check out the agenda and register today!

Senators Elizabeth Warren and Tim Scott put together a federal housing bill that has bipartisan support, amidst major administration cuts to housing programs. If passed as is, the bill would change rules related to manufactured housing, tie block grants to future housing production, and increase investments in opportunity zones.

CDFA is pleased to announce Andrew Busker, Senior Staff Analyst at the City of Houston, as the newest graduate of the prestigious Development Finance Certified Professional (DFCP) program. Mr. Busker joins the ranks of fellow graduates who are recognized as the most qualified leaders in the development finance industry.

Under the direction of the Assistant Director of Ecosystem Development, the Senior Project Manager leads, strategizes, and executes initiatives that attract and retain businesses within the city. This role involves high-level project management, stakeholder engagement, policy development, and the implementation of strategies that enhance Atlanta's business ecosystem. The Senior Project Manager also mentors junior staff, collaborates with leadership, and drives critical economic development efforts that align with the city's growth objectives. Resumes should be submitted to jobs@investatlanta.com.

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