Navajo Tribal Utility Authority (NTUA) will hold a ground-breaking ceremony for its 27.5-MW solar project in Kayenta, Arizona on April 23. The project will be funded jointly through tax credits and federal loans.

After earning a 7 year extension in 2014, the Arizona Angel Investment Tax Credit Program failed to receive funding in each of the past two years. Supporters and detractors are again fighting over funding in the Arizona Legislature.

The Phoenix City Council has awarded a historic preservation grant worth $120,000 to help repair the WPA Administration Building. The Phoenix IDA will contribute an additional $80,000 to the project.

SB 1005 will exempt venture-capital managers from state laws requiring registration of "investment advisers." The law is unlikely to create more venture capital, but it will remove bureaucratic hurdles.

The Water Infrastructure Finance Authority of Arizona finalized an $11 million loan to Payson, AZ to help complete the C.C. Cragin pipeline project. The pipeline will help reinvigorate the groundwater table.

Sun City, AZ voters will have the chance to vote on a $10 million bond issuance to raise capital for a new fire station and to replace aging equipment. City officials unanimously agreed to place the issue on the November 8 ballot.

Kresge Community Finance is a $30 million program-related investment finance offering to certified CDFIs and quasi-public or private DFAs. The foundation will select applications through a competitive Request-for-Proposals (RFP).

Thursday, April 21, 2016 from 2:00 – 3:30pm EST
Join CDFA, EPA, and experienced brownfield communities as we discuss the key features of a successful Brownfield Revolving Loan Fund and the commonalities and challenges associated with implementing this underutilized financing resource. Learn how even the most challenged or understaffed communities can implement Revolving Loan Fund loans and sub-grants. 

Join the CDFA Arizona Financing Roundtable for the third annual conference on October 13, 2016. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Arizona economy going forward.

The conference will take place at the Executive Conference Center in the Phoenix Convention Center in Phoenix, Arizona and is supported by dozens of the state's finest development finance leaders. Register today to reserve your spot at the 2016 CDFA Arizona Financing Roundtable Conference.

The CDFA Scholarship Program, Presented by Public Financial Management, Inc., is designed to support members and non-members who cannot afford the cost of registration fees. Scholarships are available for several different types of CDFA events, including the National Summit, CDFA Training Institute Courses, and State Roundtable Conferences. View the scholarship application to learn more about requirements and available scholarships.

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