The 2023 CDFA National Development Finance Summit is one month away and this is your last chance to lock in early bird pricing. Register by October 13 to save! We're excited to see you in Philadelphia!

U.S. Department of the Treasury's Community Development Financial Institutions Fund announced that Treasury has agreed to issue three guarantees totaling $300 million under the Community Development Financial Institution Bond Guarantee Program. The guarantees will be issued on behalf of three Eligible CDFIs under the fiscal year 2023 round of the program. Nearly $2.5 billion has been guaranteed since the inception of the CDFI Bond Guarantee Program, which provides long-term, low-cost, fixed-rate capital for projects in low-income and distressed urban, rural, and Native communities.

Join us for the next installment of the CDFA // BNY Mellon Development Finance Webcast Series on Tuesday, October 17 at 2:00 PM Eastern. Speakers will discuss how communities across the country are financing water infrastructure projects  – from drinking water to wastewater – in the face of supply disruptions and aging assets.

CGB Green Liberty Notes LLC, a subsidiary of the Connecticut Green Bank, proudly launches its eighth Green Liberty offering. The crowdfunding campaign is made possible with Raise Green, an award-winning online marketplace for impact investing. Through this offering, Connecticut residents and citizens nationwide can support small businesses in improving their energy efficiency and reducing energy costs.

The Council of Development Finance Agencies (CDFA) is pleased to announce James Reid, Senior Manager of Development Finance for the Urban Redevelopment Authority of Pittsburgh, in Pittsburgh, PA, as the newest graduate of the prestigious Development Finance Certified Professional (DFCP) program. As a graduate, Mr. Reid joins numerous others who have invested in their professional development and are recognized as the most qualified leaders in the development finance industry.

This guide from Bricker Graydon outlines the array of tools with which Ohio economic development practitioners can intervene to stimulate or induce development to occur in their communities. This guide also assists practitioners by identifying programs, clarifying changes to existing programs, and introducing effective new options to consider. If knowledge is power, this guide provides practitioners with the unique ability to empower their communities or businesses to accomplish a variety of economic development objectives.

Columbus-Franklin County Finance Authority stated that despite stubborn inflation and labor shortages, development continues at a steady pace throughout central Ohio. Deals they closed will help finance a variety of infrastructure projects, and they are proud to say all new housing units they supported qualify as affordable – very much in need around Columbus. Most significant, however, was contributing to the capital stack for more than 1.6 million of industrial space.

U.S. Representatives Mike Kelly (R-PA), Dan Kildee (D-MI), Carol Miller (R-WV), and Terri Sewell (D-AL) introduced the Opportunity Zones Transparency, Extension, and Improvement Act, legislation that would require mandatory data reporting of Opportunity Zone investments to increase transparency and streamline the reporting process. The bill would also extend the investment and deferral window to the end of 2028.

The New Jersey Economic Development Authority (NJEDA) announced that 28 emerging New Jersey technology businesses benefitted from $63.2 million in private investment as supported in 2023 by the New Jersey Angel Investor Tax Credit Program. The NJEDA approved more than $8.2 million in tax credits and investments to support emerging New Jersey-based companies in the life science, technology, and clean technology sectors.

JobsOhio is seeking a senior project finance manager who is responsible for managing the more complicated finance Projects within the pipeline. As part of the deal team, the manager will engage with companies, identify their drivers and project gaps, and structure a solution to fill the gap. The manager is also responsible for assisting with the management of Projects and performing all steps in the process from vetting, structuring, and winning job creation opportunities in Ohio.

>>> SEARCH HEADLINES   

This playbook provides community, city, and regional leaders with a set of tools to create more just landscapes of opportunity through actionable, coordinated strategies that target the intersecting structural, relational, and market forces that render neighborhood poverty so stubbornly difficult to eradicate.

The U.S. Department of the Treasury released updated Frequently Asked Questions (FAQs) for the State Small Business Credit Initiative (SSBCI) on September 28, 2023.

>>> SEARCH ONLINE RESOURCE DATABASE