NMA Ventures will receive up to $1.6 million from the Catalyst Fund. That commitment will leverage $2.6 million in funds from NMA Ventures to be invested in New Mexico startups. The Catalyst Fund is comprised of $10 million in funds allocated by the State Investment Council with $5 million from SSBCI.

The city of Hazelwood is considering issuing $50 million in Chapter 100 industrial revenue bonds for the new TradePort industrial park. The bonds would facilitate up to 18 years of property tax abatement and a sales tax exemption on construction materials.

Invest Atlanta is scheduled to vote on a $14M tax-exempt bond for the redevelopment of Big Bethel Tower, a 180-unit apartment tower. The bond will cover development and construction costs for the 21-month development period, and would be paid off with a HUD permanent loan once the project is stabilized.

The U.S. Environmental Protection Agency (EPA) has announced that the deadline to submit letters of interest for Water Infrastructure Finance and Innovation Act (WIFIA) loans has been extended to July 31, 2018.

The Development Fund of Western Reserve will issue a $650,000 loan to the Testa Companies to finance phase one project costs of the Northside Marketplace. The loan was made through the Akron Community Revitalization Fund (ACRF), which was capitalized by foundations, NMTCs, and other contributions.

The U.S House of Representatives is set to vote on a bill that if passed, would enable banks to treat some munis as level 2B HQLAs, the same level as for mortgage backed securities. That's a level down from the 2A HQLA securities the market was hoping munis would be placed into alongside sovereign debt.

Wind farm developers may add as many as 25 gigawatts of capacity in 2019 and 2020 as the scheduled 20 percent reduction in the production tax credit spurs an unprecedented building boom.

Cities around the country are turning to vacant property taxes to nudge property owners of both retail and residential spaces to lease, develop or sell their properties before a short-term vacancy turns into what some cities see as blight. Nevertheless, the effectiveness of the tax remains unclear.

By purchasing property damaged by the storm, and placing it in a public trust, the newly formed nonprofit will be able to reduce the impact of speculation on real estate value and maintain affordability.

The waterworks financing legislation might be known as the "SRF WIN Act" for short, but a trio of groups in the water and wastewater sector are calling it a loser.

State authorization for design-build project delivery on a $1.7 billion Brooklyn-Queens Expressway project marks a major breakthrough for New York City infrastructure projects. The authorization will save time and taxpayer dollars on the BQE triple-cantilever reconstruction project.

Energy Northwest sold $635 million of electric revenue bonds. The deal includes $230.2 million in tax-exempt bonds for the Columbia Generating Station, a nuclear generator about 160 miles southeast of Seattle, and $399 million for Project 3, a partially completed nuclear facility about 70 miles southwest of Seattle.

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.

During this webinar you will hear from several pioneer DFAs about how they are working with foundations to leverage impact investments. This webinar is free for all CDFA members so tune in and learn more about this exciting new prospect for DFAs across the country!

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