The 2018 CDFA Volume Cap Report was released last week. It has since received coverage from Novogradac, the National Council of State Housing Associations, the Virginia Economic Development Association, and others. The report found that Private Activity Bond issuance slightly decreased to $24.14 billion in 2018.

The EPA announced that 38 new projects in 18 states are being invited to apply for the Water Infrastructure Finance and Innovation Act (WIFIA) loans. Together, the selected borrowers will apply for WIFIA loans totaling approximately $6 billion to help finance over $12 billion in water infrastructure investments and create almost 200,000 jobs.

A bipartisan group of 231 mayors from Tacoma, Wash to Ft. Lauderdale, Fla. sent a letter to Congress today urging them to pass the Renewable Energy Extension Act (HR 3961/S. 2289), a five-year extension of the solar Investment Tax Credit (ITC).

Right now in San Francisco, bringing an affordable housing development to fruition generally takes around 5 years and $700,000 per unit. That's a big reason why officials and advocates are rallying behind November's Proposition A. The $600 million measure is the largest affordable housing bond in the city's history, which reflects the magnitude of the affordable housing crisis.

Bond financing facilitated by WHEFA will be used to help Marquardt Village finance costs associated with the construction of a 24-unit independent living facility, as well as renovation, remodeling, improvements and equipping at the existing town center, independent living facilities, community-based residential facility and senior apartments.

The U.S. Economic Development Administration (EDA) published the FY 2020 Public Works and Economic Adjustment Assistance Programs Notice of Funding Opportunity. EDA solicits applications for construction, non-construction, planning, technical assistance, and revolving loan fund projects under EDA's Public Works program and Economic Adjustment Assistance program.

After years of neglect, developers are once again giving their regards to more impoverished areas such as Broadway. One thing spurring interest is the availability of "relatively cheap properties" and vacant land, the availability of brownfield and historic tax credits, and the incentives and demand for affordable housing, as potential drivers.

Members of the Virgin Islands Senate Finance Committee took testimony from private and public sector experts on measures that would extend the amount of time the Enterprise Zone Commission has to hand out benefits to areas designated as Commercial Zones. A second bill clarifies the intent of the Tax Incremental Financing Program (TIF).

New Jersey Transit is exploring a public-private partnership to finance "innovative" transit options to move crowds to and from the Meadowlands for football games and the bond-funded American Dream Meadowlands mall and entertainment venue. The 3-million-square-foot complex was financed with a $1.1 billion tax-exempt revenue bond transaction in June 2017 backed by a payment-in-lieu-of-taxes agreement.

The Illinois State Toll Highway Authority is readying a more than $200 million refunding for sale this fall and has two new money deals totaling $500 million in the pipeline as it moves into the ninth year of its 15-year, $14 billion capital program.

Racine County, Wisconsin, will sell $110 million of taxable general obligation refunding bonds to take out interim financing for its financial obligation toward a Foxconn Technology Group manufacturing complex.

In this webinar, the discussion will focus on the use of PACE financing as a tool in new construction projects. Learn from industry leaders and finance experts about how C-PACE can be a tool for new commercial development. PACE as a new form of capital provides unique alternatives to close financing gaps and to replace developer equity in projects under development.

During this installment of the CDFA // BNY Mellon Webcast Series, we will discuss financing tools for Native American-owned businesses to assist in strengthening tribal nation's local economies.

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Equitable Food Oriented Development (EFOD) is a framework, and growing movement, to reap the powerful benefits of food projects and enterprises as vehicles for community development and health, while investing deeply in the self-determination and leadership of community residents.

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