CDFA is proud to announce the launch of the new Legislative and Federal Affairs Update newsletter. This free monthly newsletter will feature development finance news, resources, case studies and event information from Washington D.C. We will send the first two editions to our entire network, and then to only those who subscribe. Please subscribe today!

On September 8th and 9th NCOSAFP contacted dozens of congressional offices across fifteen states to request their support for H.R. 5335.

CDFA is pleased to announce that the National Association of Bond Lawyers has endorsed H.R. 2890, the Modernizing American Manufacturing Bonds Act (MAMBA). MAMBA is CDFA's number one legislative priority in 2016.

The Senate passed a continuing resolution to fund the federal government through December 9. The CR includes a short term extension of the EB-5 program.

The Ways and Means Committee has voted to remove the requirement that newly-built nuclear power plants be in service by 2020 in order to receive a tax credit.

The Senate passed the long-stalled Water Resources Development Act of 2016, providing millions of federal dollars to Flint, and any other community facing a water crisis.

According to sources at IIUSA, Rep. Goodlatte is expected to introduce an EB-5 reform bill today. To view the proposed legislation, click here.

Reps. Randy Hultgren and Dutch Ruppersberger have launched a website for their Municipal Finance Caucus.

Trade groups for biomass, hydropower and other energy sources are pushing Congress to renew expiring tax credits for their industries before the end of the year.

The Government Accountability Office states that state and local transportation depts. lack the funding to adequately maintain highway bridges.

Agriculture Secretary Tom Vilsack underscored the Administration's support for tribal communities with $9 million in new funds to support community development and education.

The U.S. Treasury's CDFI Fund awarded 32 organizations nearly $91.5 million in grants for affordable housing and community facilities in low-income communities.

HUD and FHA guidance for PACE financing went into effect on September 17.

The USDA has announced that up to $5 million in grant funds are available to help schools create or strengthen farm to school programs.

US DOT awarded $759 million in first-year FASTLANE grants to 18 projects in 15 states and the District of Columbia