The Caren S. Franzini Fellowship was created to build leadership positions for women in the field of development finance and to inspire them to embody Caren's spirit and professionalism. Franzini Fellows are given the opportunity to work directly with CDFA through a one-year program aimed at developing lasting woman leaders in the field of development finance.

Led by Governor Henry McMaster and in partnership with the Office of U.S. Senator Tim Scott and the Council of Development Finance Agencies (CDFA), the state of South Carolina will present the Governor's Opportunity Zones Summit on January 25, 2019 in Columbia, S.C.

Banking is often synonymous with extracting wealth from communities; but not all banks use this model. Beneficial State Bank is committed to a triple bottom line: social justice, environmental well-being, and financial sustainability. The bank's loans seek to enhance these values by supporting "a new economy that is fully inclusive, racially- and gender-just, and environmentally restorative."

A new paper from the Reason Foundation argues that Congress should expand the permissible uses of tax-exempt private activity bonds and lift the PAB volume cap to facilitate financing of long-term infrastructure leases that could generate as much as $885 billion for state and local governments.

Racing against the electoral clock, the Emanuel administration is moving quickly to lock-in development deals for a series of megaprojects in neighborhoods abutting the central area of the city—potentially providing a huge boost to Chicago's economy but at a cost of what easily could be $1.5 billion or more in subsidies.

Voters across the U.S. were backing at least $24.4 billion of bond sales to support school construction and infrastructure upgrades including road and bridge repairs, led by multi-billion-dollar measures in California. The nationwide election brought about $76.3 billion of bond referendums from California to Maine, the most in an election since 2006.

The University of Illinois' first solar farm was built on university-owned land through a public-private partnership with Phoenix Solar Inc. of California. UI is buying all of the energy produced from Phoenix Solar through a PPA, and after 10 years, the university will buy the farm at fair market value.

One year after tax reform, the HTC program is enjoying continued high demand from both developers and investors. NPS stats verify the incentive's continued popularity and concerns that lowering corporate tax rates would dampen investor appetite have not materialized.

It's unclear whether $116.6 million in economic incentives provided by the state of Arkansas benefited the state's economy, but most of the incentives appear to have served their intended purpose, according to an Arkansas Legislative Audit report presented to lawmakers.

The Port announced it has received a $1,000,000 impact investment from Greater Cincinnati Foundation to establish the Greater Cincinnati Neighborhoods Housing Revitalization Loan Fund – a bold new step to accelerate neighborhood redevelopment.

Atlanta has approved an incentive package with $1.9 billion in bond financing to support a $5 billion development proposal by the CIM Group. CIM will purchase parcels from various owners in the Gulch, install a platform to raise the property to the adjacent street level, and build a mixed-use development.

Columbus based Ohio Dominican University is readying a $49 million issue of unrated bonds to fund projects as it works to turnaround enrollment. The unrated bonds will be issued through Columbus–Franklin County Finance Authority.

During this installment of the CDFA // BNY Mellon Webcast Series, we will learn about some of the various financing options & ownership structures available to communities to provide and increase the quality of broadband infrastructure in the U.S.

The Council of Development Finance Agencies seeks a motivated, well-organized and energetic individual to fill the position of Coordinator, Research & Technical Assistance. This position is responsible for assisting with CDFA's research projects, resource collection, information sharing, newsletter publications, headlines review and educational efforts.

The Council of Development Finance Agencies seeks a motivated, well-organized and energetic individual to fill the position of Manager, Education. This position is responsible for leading and managing the highly acclaimed CDFA Training Institute as well as other CDFA educational offerings.

The Council of Development Finance Agencies seeks a motivated, well-organized and energetic individual to fill the position of Coordinator, Programming. This position is responsible for assisting with CDFA's various events including state conferences, training courses, webinars and the CDFA National Summit.

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