Join CDFA and guest speakers from The Choctaw Nation and gener8tor on March 11, 2022 for a discussion on how Tribal Governments can utilize the State Small Business Credit Initiative (SSBCI) program and efforts to support their strategies. Registration is free!

Accessing capital is difficult for farmers and ranchers. Additional barriers exist for women, veterans, Black, Indigenous, and People of Color (BIPOC) who have historically experienced limited access to agriculture programs and services. Tune in to the March 22nd installment of the CDFA Food Systems Finance Webinar Series to learn about strategies to expand access to capital for underserved farmers.

The new funds are part of the $4 billion American Rescue Plan and will support small businesses impacted by the Covid-19 pandemic. The new program will provide $50 million for businesses in underserved markets, including those owned by minorities, women, and veterans.

The Michigan Department of Transportation launched a pilot program Monday to bundle bridge repair projects together, which officials say makes the projects more cost-effective. Bridge bundling combines several bridge locations into a single contract, which MDOT says streamlines coordination and permitting and increases economies of scale.

A new category of tax-exempt private activity bonds was created as part of the Infrastructure Investment and Jobs Act, enacted in November 2021, to encourage private investment in carbon dioxide capture facilities. This edition of the Hawkins Advisory describes and explains the applicable provisions.

With the Infrastructure Bill being implemented, the primary trend will be one of accelerating the delivery of EV charging infrastructure. Following DOT guidance, we are anticipating more coordinated planning at the various levels of government, along with greater private industry engagement.

Daniels Real Estate and Petros PACE Finance, a provider of Commercial Property Assessed Clean Energy (C-PACE) financing, closed a $19 million transaction providing low-cost financing for key improvements at the Lodge at St. Edward State Park in Kenmore, Wash. near Seattle. The deal is also the first C-PACE financing in Washington.

A committee in La Crosse has approved appropriations totaling nearly $18 million in proposed projects for remaining federal funds under the American Rescue Plan Act. Projects have been proposed for affordable housing, child care facilities, small business supports, and down payment assistance.

Two downtown development projects are set to receive TIF funding from the city. The Metropolitan and Economic Development Committee of the Indianapolis City-County Council heard presentations from two developers who laid out plans for improvements for 16 Tech and the Stutz Building. More than $12 million in TIF funding will go to the 16 Tech development and includes a new apartment building with 15 affordable housing units.

The CDFA team is growing! The Senior Director, Research & Technical Assistance is responsible for ensuring CDFA delivers on its research projects, educational offerings, partnerships, and content creation. This position will lead the development of CDFA's expertise in loan guarantee and small business lending programs as well as facilitate several key development finance initiatives. This is a full-time position with a comprehensive salary and benefits package; remote work will be considered. Deadline to apply is Friday, March 25, 2022.

The Assistant General Counsel is a member of the Legal Department of The Atlanta Development Authority d/b/a Invest Atlanta ("Invest Atlanta"), the economic development agency of the City of Atlanta, reports to the General Counsel. This position makes a significant contribution to the successful implementation of the vision and mission of Invest Atlanta (www.investatlanta.com), and provides administrative support for legal matters.

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The American Rescue Plan Act of 2021 (ARPA) reauthorized and expanded the State Small Business Credit Initiative (SSBCI) Program. This primer is designed to provide knowledge of how Tribal Governments can utilize the SSBCI Capital Program, and how aligned partners can support these efforts.

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