About

Advocacy

Events

Membership

Sponsor

Education

Newsletters

Resources

Technical Assistance

×
Revolving Loan Funds Update
June 12, 2018
Subscribe
View Archives
Revolving Loan Fund Finance Update

Features

CDFA Releases New Revolving Loan Fund Resource Center
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!

EPA Announces $5.3M in Supplemental Funds for New England Brownfields
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.

Structuring NMTC Loan Funds is Key
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.

Third ACRF Financing Closed in Akron, OH
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.

Cleveland, OH Set to Amp Up Small Business Support
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.

Vermont Farm Fund Lends Over $1M
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.

Using State Revolving Funds for Land Conservation
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.

RLF Considered in Louisville, KY Housing Needs Assessment
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.

Go Back to The Well: Water Infrastructure Opportunities
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.

Upcoming Events
Intro Public-Private Partnership (P3) Finance WebCourse

CDFA Federal Financing Webinar Series: U.S. Department of Agriculture (USDA)
June 14, 2018 - 2:00 PM Eastern
In this webinar, experts on USDA financing programs will be on hand to discuss the myriad rural development finance programs offered by the USDA, as well as how rural communities can effectively access and deploy USDA grants and loans. The focus of the webinar will be on the Community Facilities (CF) Program, the Rural Energy for America Partnership (REAP), and Rural Business Development Programs.

Headlines

States Request $82B for Water Infrastructure
Civil + Structural Engineer | Jun. 1 | Water Finance | Revolving Loan Funds (RLFs) | Infrastructure Finance | U.S. Environmental Protection Agency (EPA) | Water Finance\State Revolving Fund

St, Louis, MO Developer Seeks $730K from EPA RLF
BizJournals | May. 29 | Brownfield Financing | Revolving Loan Funds (RLFs)

DFWR Announces $650K Loan Fund Project Financing
Development Fund of the Western Reserve | May. 15 | Revolving Loan Funds (RLFs)


New Additions to the Online Resource Database

CDFA EDA Revolving Loan Fund Webinar Series: Designing A Revolving Loan Fund Program to Meet Your Community's Needs
Revolving Loan Funds (RLFs) | U.S. Dept. of Commerce (DOC) | U.S. Economic Development Administration (EDA) | Webcasts
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.


The Council of Development Finance Agencies (CDFA) is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private, and non-profit entities alike. For more information, visit www.CDFA.net or email info@cdfa.net


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


Install CDFA's iOS appInstall CDFA's Android app

ARCHIVES

Displaying 1 - 28 of 28

November 13, 2018
October 9, 2018
September 11, 2018
August 14, 2018
July 10, 2018
June 12, 2018
May 8, 2018
April 10, 2018
March 13, 2018
February 13, 2018
January 9, 2018
December 12, 2017
November 14, 2017
October 10, 2017
September 12, 2017
July 11, 2017
June 13, 2017
May 9, 2017
April 11, 2017
March 14, 2017
February 14, 2017
January 10, 2017
December 13, 2016
November 8, 2016
October 11, 2016
August 8, 2016
June 14, 2016
May 17, 2016




CDFA National Sponsors

  • Alaska Industrial Development and Export Authority
  • Baker Tilly Virchow Krause
  • Ballard Spahr LLP
  • BNY Mellon
  • Bricker & Eckler LLP
  • Bryan Cave Leighton Paisner LLP
  • Business Oregon
  • CohnReznick
  • FBT Project Finance Advisors LLC
  • Frost Brown Todd, LLC
  • Grant Thornton LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • MB Financial Bank, NA
  • McCarter & English, LLP
  • McGuireWoods
  • NW Financial Group, LLC
  • SB Friedman Development Advisors
  • Squire Patton Boggs
  • Stern Brothers
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
Become a Sponsor