The CDFA Revolving Loan Fund Resource Center contains hundreds of resources specifically on RLFs including best practices in loan fund management, various capitalization strategies, example programs from throughout the country, archives of RLF webinars and more!

The EPA is announcing approximately $5.3 million in supplemental funding to New England communities to assist them in cleaning up contaminated brownfield properties. EPA plans to provide supplemental funding to 11 successful, existing Revolving Loan Fund (RLF) grantees in the region, helping communities carry out cleanup and redevelopment projects.

NMTC Loan funds find success in their potential for additional flexible terms, facilitating QLICIs that are not otherwise feasible in the NMTC program, and providing access to capital not otherwise available to businesses in low-income communities.

The $700,000 loan will be used by Rubber City McDonald's to finance the purchase and improvements of a building located at 55 Furnace Street. Rubber City McDonald's will consolidate its headquarters operations and add training space into one central downtown location.

The city of Cleveland is proposing to inject $3 million into its business support programs. The general fund money will allow the city's economic development department to increase spending on several programs designed to help small business, as Mayor Frank Jackson's $65 million Neighborhood Transformation Initiative gets underway.

Originally founded by Pete's Greens and the Center for an Agricultural Economy in 2011 in response to Tropical Storm Irene, the Vermont Farm Fund has grown to provide not only emergency loans to farmers who have experienced a fire, flood or storm, but also to help food-related businesses grow and expand.

States can now apply an emerging and innovative use of SRFs known as "sponsorship" that allows public, nonprofit and private entities access to financing necessary to implement land conservation and restoration projects that benefit local water quality.

In his budget plan for the next fiscal year, Mayor Greg Fischer proposed $10 million for the Affordable Housing Trust Fund, and $2 million for Louisville CARES, a revolving loan fund program. Fischer also proposed $750,000 as part of a continuing effort to encourage private development and job creation in Russell.

This report, produced by the National Resources Defense Council, discusses the power of State Revolving Funds (SRFs) and analyzes how increasing the capacity of SRFs could help to vastly improve water infrastructure throughout the country.

CDFA Federal Financing Webinar Series: U.S. Department of Agriculture (USDA)
June 14, 2018 - 2:00 PM Eastern

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The EDA Revolving Loan Fund Program helps small businesses access capital, especially when traditional lending institutions are not a good fit. The program allows for innovation, and many communities have designed their programs to meet the unique needs of their local business community. Listen as Tom Link with the URA of Pittsburgh, Michele Laird with CCD Business Development Corporation and Mara O'Neill with MCCD discuss how to design or modify a Revolving Loan Fund program to address local demand, including how to set your rate and match as well as how to target underserved businesses such as minority and women owned businesses or micro enterprises and entrepreneurs.

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