California officials are working to improve the regulatory apparatus of PACE programs around the state. CAEATFA officials have proposed additional program regulations, while Sen. Skinner has introduced SB 242 which would codify the DOE PACE Best Practices recommendations.

California brings the largest municipal bond deal of the year so far with a $2.4 billion general obligation bond sale. The deal includes $500 million in new money; advance refundings are expected to represent a significant chunk of the $1.9 billion of debt being refinanced.

California efforts to embed more consumer protections into PACE loans are advancing on two tracks. The largely unregulated PACE industry has faced criticism in recent months that homeowners are not being adequately informed about how the program works before they agree to the tax liens.

California Natural Resources Secretary John Laird told the U.S. Senate Environment and Public Works Committee that further deterioration of the nation's aging flood control and water infrastructure systems will put lives at risk, calling for additional support for infrastructure spending

The new administrations proposed use of tax credits for infrastructure improvements will fail to improve the condition of America's dams and waterways. Private equity capital can cost 3 to 5 times more than traditional municipal debt. Moreover, tax credits are not well suited to facilities that don't generate a stream of user fee revenue.

Twenty-two feature films will get $100m in tax credits between them to film on location in California in the coming months. Ninety-three separate projects applied for tax credit support during this submission window.

CDFA is excited to show off a new and improved website layout!

This course will consider how incentives are being used in today's economic environment and outline steps that are being taken to reduce risk and achieve better outcomes. In particular, this course will address the characteristics of well-designed incentive programs and processes to ensure meaningful impact, value, and accountability.

After the latest round of allocations from the CDFI Fund, there are now more New Markets Tax Credits available than there are qualifying projects. This webcast will explain the double allocation of tax credits that occurred during the last round and explore how this is affecting the tax credit markets. During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, our expert speakers will provide an inside look into how these tax credits can be leveraged and consider opportunities that a surplus creates for qualifying projects.

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