CDFA is proud to announce the new CDFA.net website. A year in the making, this new site provides all of CDFA's vast resources with better style, navigation and resources. New additions to the website include state focus pages. Check out events, news, and resources available in Kentucky and all that we have to offer today.

The Rural Development Deputy Under Secretary has announced that the USDA is making loans to electric cooperatives that will help continue to deliver safe, reliable and affordable electricity to rural residents, business and institutions in nine states.

AppHarvest's 2 million square-foot greenhouse will rank among the world's largest. The company plans to grow fresh vegetables year round for consumption in the U.S. The Kentucky Economic Development Finance Authority has preliminarily approved the company for tax incentives up to $2.5 million.

"We are excited to announce 13 new Community Development Block Grant projects. Each project is designed to aid critical infrastructure needs across the Commonwealth, such as water safety, public facilities and local health resources," said Governor Bevin.

The Kentucky Main Street Program announced this week that 39 participating communities reported cumulative investment of $109,741,515 in their commercial downtown districts in 2016. This total was up significantly from the $76 million of cumulative investment reported by 44 communities in 2015.

Governor Matt Bevin and Education and Workforce Development Secretary Hal Heiner announced the launch of the second round of funding for the Kentucky Work Ready Skills Initiative. The total for this round is $34 million.

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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