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Development Finance Review Weekly - April 2, 2026

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Development Finance Review Weekly
April 2, 2026
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CDFA Development Finance Review Weekly

Features

2026 CDFA Federal Policy Conference: Join us in D.C., on April 7-8
CDFA is excited to return to Washington, D.C., for the 2026 CDFA Federal Policy Conference on April 7-8, 2026! This event will bring together Congressional leaders, federal agencies, state policy teams, investors, and development finance practitioners for a two-day exploration of the federal policy landscape shaping development finance in the coming year. There's still time to register!

CDFA's Sustainable Finance Week: 3 Courses in 3 Days
Sustainable Finance Week, happening May 5-7, 2026, highlights the financial tools communities are using to finance resilient infrastructure, expand clean energy investment, and redevelop underutilized land. Join us for one (or all) of our one-day courses offered: Intro Public-Private Partnership (P3) Finance Course, Intro Property Assessed Clean Energy Finance Course, and Intro Brownfields Finance Course. Each course offers you practical insight into how these tools work and how they are being used to finance sustainable development projects today. Register by April 17 for early bird rates.

New Hampshire Issues $100M Bitcoin-Backed Bond
The New Hampshire Business Finance Authority is set to issue $100M in bitcoin-backed bonds, with Moody's Investors Service assigning the deal a provisional "Ba2" rating. The bonds will be split into two classes with an initial combined balance of $100 million. While issued through a quasi-public state agency, the bonds are structured as "limited recourse obligations," meaning repayment comes solely from proceeds of the bitcoin collateral — no public funds are on the hook.

AFC Expands Senior Secured Revolving Credit Facility to $80M
AFC announced the expansion of its senior secured revolving credit facility to $80 million, with an additional $30 million commitment from its Lead Arranger, an FDIC-insured bank. The company plans to use the funds to support existing borrowers, engage in commercial loans to U.S. lower middle-market companies, and for general corporate purposes.

USDA Ends $300M Program Aiding Black Farmers, Underrepresented Groups In Land Purchases
The U.S. Department of Agriculture (USDA) has canceled grants that were intended to help farmers secure land. $300 million in federal aid was awarded to tribes, farmer associations, and universities starting in 2023 through the Increasing Land, Capital, and Market Access Program. It was established to "help underserved producers by increasing land, capital, and market access," according to the USDA. In March, 49 contracts were terminated under the Trump administration, Civil Eats reports.

U.S. Ports Awarded $488.6M in Infrastructure Grants for 2026
The U.S. Maritime Administration has announced nearly $488.6 million in funding for port infrastructure development. The Port Infrastructure Development Program grants aim to enhance cargo handling, modernize port facilities, and assist domestic seafood operations. The funding originates from legislation enacted in 2021, which allocated $2.25 billion for the program through 2026. The grants are available to hundreds of ports run by public and private entities nationwide.

Department of Energy Offers $50M for Tribal Energy Projects
The Department of Energy will offer $50 million in grants for "affordable, reliable, and secure energy development" to benefit tribal nations, with the goal of lowering energy costs and expanding energy access. Individual tribal community energy deployment projects are eligible for grants of up to $7.5 million, while pre-development activities in the form of "planning, assessment, and feasibility" for community-scale energy projects can receive $1.5 million.

Morgantown, WV, City Council Establishes East End Village TIF district
The East End Village project in Morgantown has been a development years in the making, but it finally took a big step forward on Friday. As years of development still lie ahead, the Morgantown City Council unanimously established a tax increment financing or "TIF" district for the Richwood Avenue area. The district includes roughly 73 acres of property along Richwood and Forest avenues in Morgantown, as well as $16.3 million in revenue bonds.

Upcoming Events
2026 CDFA Federal Policy Conference
Upcoming Webcasts

Opportunity Zones Networking Circle Forum
April 16, 2026 - 1:00 PM - 2:00 PM Eastern
Join us for CDFA's Opportunity Zones Networking Circle Forum. These are quarterly, hour-long virtual meetups designed to connect professionals working with Opportunity Zones. These sessions offer a space for open conversations, peer learning, and shared problem-solving, guided by experienced Ambassadors who lead the discussion and help keep the conversation going between meetings.

CDFA // BNY Development Finance Webcast Series: Health, Higher Ed & Nonprofit Bonds for Economic Development
April 21, 2026 - 2:00 PM - 3:00 PM Eastern
During this installment of the CDFA // BNY Development Finance Webcast Series, panelists will explore how institutions such as universities, hospitals, and nonprofits use bonds to expand facilities, support research, attract capital, and generate broad economic benefits.

Tax Credit Networking Circle Forum
April 22, 2026 - 1:00 PM - 2:00 PM Eastern
CDFA's Tax Credit Networking Circle Forums are quarterly, one-hour virtual meetups that bring together professionals working with tax credits in development finance. Led by expert Ambassadors, these sessions offer a space to share ideas, explore real-world challenges, and stay connected between meetings through ongoing online discussions. Whether you're new to tax credits or managing complex deals, these circles offer valuable insight and community.

Job & RFP Postings

Invest Atlanta - Multifamily Project Specialist
The Multifamily Project Manager will report directly to the Vice President, Multifamily Housing. Key responsibilities include, apply program policies, project guidelines, and sound underwriting judgment to a wide variety of multifamily affordable housing transactions, including mixed-income and income-restricteddevelopments, seeking development incentives.

Maryland DHCD - Energy Program Manager
The Energy Program Manager oversees the day-to-day administration of one or more statewide multifamily energy efficiency and decarbonization programs. This position operates with a high degree of independence and is responsible for managing program implementation, monitoring performance, and ensuring projects align with program requirements and goals.

This Week's Headlines

Inside Cairnspring Mill's Bold New Model for Financing Regenerative Food Systems
AFN | Apr. 1 | Agriculture Finance | Food Systems Finance

Texas Department of Agriculture Launches New Agricultural Resource Grant Opportunity
KCBD 11 | Apr. 1 | Access to Capital | Agriculture Finance | State Finance Program

USDA Rural Development Launches a New Program Eligibility Lookup Tool
U.S. Department of Agriculture Rural Development | Apr. 1 | Rural Development | U.S. Dept. of Agriculture (USDA)

10 Projects Selected Totaling Nearly $25M in Federal Investment for Denver, CO
degette.house.gov | Mar. 31 | Community Development | Federal | Healthcare | Housing Finance

Mississippi Legislators Send $41.1M in Oil Spill Settlement Funds to Coast Projects
Magnolia Tribune | Mar. 31 | Disaster Recovery & Relief | Redevelopment | Revolving Loan Funds (RLFs)

Policies and Financing Solutions to Modernize U.S. Water Infrastructure
Environmental and Energy Study Institute | Mar. 31 | U.S. Environmental Protection Agency (EPA) | Water Finance

FEMA Reinstates Massive Disaster Mitigation Program After Legal and Advocacy Pressure
National Low Income Housing Coalition | Mar. 30 | Disaster Recovery & Relief | Federal

Harvard Eyes $675M Bond Sale as Financial Pressures Grow
The Harvard Crimson | Mar. 30 | Bond Finance | Education

Senators Clash Over Geographic Equity, CDFI reach, and Economic Impact Study Funding
Insight News | Mar. 30 | Legislative | U.S. Dept. of Treasury CDFI Fund

AI in Local Government: Lessons from 2025 and Emerging Cyber Threats
National League of Cities | Mar. 27 | Education | Organizational Management

Difference Makers Podcast: Native CDFI Networks are Reshaping Future Tribal Economies
Difference Makers | Mar. 27 | Tribal Finance | U.S. Dept. of Treasury CDFI Fund

FCLF Closes On NMTC Financing for Lions Vision Health Center in Tampa
Florida Community Loan Fund | Mar. 27 | Healthcare | Tax Credits

HUD Public Housing Procurement Handbook: Changes for Housing Authorities
Ballard Spahr | Mar. 27 | Federal | Housing Finance | U.S. Dept. of Housing & Urban Development (HUD)

Navigating Opportunity Zones 2.0 with Data & Strategy Webinar
GIS WebTech | Mar. 27 | Education | Opportunity Zones

Tennessee Leaders Discuss Boosting Rural Economies Through Opportunity Zones
6 News | Mar. 27 | Development Finance Toolbox | Opportunity Zones

Trump's Signature Will Soon Appear on U.S. Dollar Bills
CNN | Mar. 27 | Federal | U.S. Dept. of Treasury

U.S. Department of Transportation Releases Natural Gas Distribution Infrastructure Grant Program
U.S. Department of Transportation | Mar. 27 | Infrastructure Finance | U.S. Dept. of Transportation (DOT)


CDFA President's Club Spotlight

BNY BNY
BNY is the world's leading provider of corporate trust and agency services, administering $28.5 trillion in outstanding debt from 69 locations in 39 countries. Our clients include governments and their agencies, corporations, financial institutions...
FTB Gibbons FTB Gibbons
With over 600 lawyers across their 18 offices in nine states, FTB Gibbons offers a deep, talented roster of legal professionals. Committed to their clients, the firm leverages technical, industry, and legal knowledge and experience to serve a...
Grow America | Formerly NDC Grow America | Formerly NDC
NDC is now Grow America. In a time of unprecedented growth, we're proud to be the country's first and most dedicated community and economic development nonprofit. For over five decades, we have worked to improve the lives of millions of people...

CDFA Bookstore

Cover thumbnail Advanced Tax Increment Finance Reference Guide 2nd Edition
The Advanced Tax Increment Finance Reference Guide builds upon CDFA's introductory offerings by exploring in-depth the complexities and transformative potential of tax increment financing.

New Members

City of Opa-Locka - Opa-Locka, FL

Mid-Ohio Regional Planning Commission - Columbus, OH

The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.

Council of Development Finance Agencies
425 Metro Place N., Suite 460
Dublin, OH 43017
(614) 705-1300
info@cdfa.net

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CDFA President's Club

  • BNY
  • Bricker Graydon Wyatt LLP
  • CohnReznick
  • Colorado Housing and Finance Authority
  • FBT Gibbons
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • PGAV Planners, LLC
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
Become a CDFA President's Club Member