President Biden's trillion-dollar bipartisan infrastructure plan suffered a significant setback late Thursday night when House Democratic leaders, short of support amid a liberal revolt, put off a planned vote on a crucial piece of their domestic agenda. Democratic leaders and supporters of the bill insisted the postponement was only a temporary setback.

San Antonio leaders are preparing a $1.2 billion, five-year bond program to send to voters next spring. The projects the bond program would include haven't been decided yet, but housing, streets, and drainage are all poised to take sizable chunks. But despite this proposal's record size - 41% larger than the 2017 program - it is still dwarfed by both the requests the city has already received and its overall infrastructure needs.

California Gov. Gavin Newsom signed legislation that expands the state's low-income housing tax credit to additional buildings "at risk of conversion" and allows LIHTC allocations for adaptive reuse. AB 447 expands the types of programs that qualify as governmental assistance under the definition of properties "at risk of conversion."

The U.S. Department of the Treasury's Community Development Financial Institutions Fund announced today the approval of a $100 million guarantee under the fiscal year 2020 round of the Community Development Financial Institutions (CDFI) Bond Guarantee Program. The guarantee will be issued to the Community Reinvestment Fund, USA on behalf of Clearinghouse Community Development Financial Institution.

The Rhode Island Infrastructure Bank will soon be launching a new grant program to help cities, towns and other public organizations pay for major infrastructure upgrades. The bank's board of directions in a meeting on Sept. 20 unanimously voted to approve the new Municipal Infrastructure Grant Fund. The fund will start with $1 million included in the state's fiscal 2022 budget.

The New Jersey Economic Development Authority (NJEDA) has announced the first approvals under the Ida/Henri Business Assistance Grant Program. The Ida/Henri Business Assistance Grant Program is a $10.5 million program that provides grants of $1,000 to $5,000 to businesses and nonprofits that were damaged by the extreme weather that passed through New Jersey in late August and early September.

USDA announced a comprehensive set of investments to address challenges facing America's agricultural producers. These include assistance to address challenges and costs associated with drought, animal health, market disruptions for agricultural commodities, and school food supply chain issues. Secretary Vilsack also outlined and requested public comments on a new climate partnership initiative designed to create new revenue streams for producers via market opportunities.

Entrepreneurial minded, finance/economic development executive is needed to lead the Tucson Industrial Development Authority ("Tucson IDA"), in concert with its Board of Directors. This is a new position, and will lead the overall growth of the Tucson IDA with the strategic guidance and support of the Board members. Application deadline is October 29, 2021.

MWCDP is seeking an impassioned, motivated Business Services Director with the potential to become our Executive Director within 24-36 months. The selected candidate can expect immediate, substantial organizational investment in their professional development.

St. Louis Development Corporation (SLDC) is requesting statements of qualification from financial consulting or advisory firms wishing to be selected for a "short list." SLDC and its affiliated agencies may procure services relating to incentives associated with real estate and business development proposals, implementation of social and economic justice concepts through economic development and capital financing projects, and to render assistance in the preparation and marketing of debt obligations.

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