The board of the Michigan Strategic Fund on Tuesday approved a funding request of $2 million from the Michigan Economic Development Corp. for Invest Detroit, a Detroit-based nonprofit economic development agency.

The Connecticut Green Bank is a public/private partnership that arranges low-interest, long-term loans for clean-energy projects such as energy-efficiency upgrades and solar roof installations.

The Environmental Protection Agency (EPA) is issuing an interim final rule to implement a new program authorized under Subtitle C of the Water Resources Reform and Development Act of 2014 (WRRDA), which is referred to as the Water Infrastructure Finance and Innovation Act of 2014 (WIFIA).

EPA is proposing to establish fees related to the provision of federal credit assistance under Subtitle C of the Water Resources Reform and Development Act of 2014 (WRRDA), which is referred to as the Water Infrastructure Finance and Innovation Act of 2014 (WIFIA).

New York's Regional Economic Development Council has awarded nearly $27 million to support the growth of agricultural, food and beverage industries.

This month's CDFA // BNY Mellon Development Finance Webcast Series on Capturing the Success of High Performing DFA's featured Tim Fisher of CDFA, Paul Toth of Toledo-Lucas County Port Authority, Gary Smith of Chester County Economic Development Council, Samuele Bozzolla of Allegheny County, and Juan Salgado of Phoenix Industrial Development Authority.

As was the case in 2016, the program will offer a total of $3 million in tax credits, available on a first-come, first-served basis. Individual investors are limited to $200,000 in credits annually. In 2016 through the end of November, 98 qualified angels made 108 investments.

U.S. mayors and other municipal market participants are stepping up pressure on Congress to maintain the tax exemption on municipal bonds, after President-elect Donald Trump said he supports the tax break that they say is crucial for funding infrastructure projects.

Miami Beach put the brakes on its modern light rail streetcar project to let voters have a say in a larger plan that boosters hope can tap the Trump administration's infrastructure financing plan.

CDFA is honored to announce six new development finance professionals who have completed the rigorous Development Finance Certified Professional program. The DFCP graduates include:

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