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CDFA Food and Agriculture Finance Update - April 8, 2025

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CDFA Food and Agriculture Finance Update
April 8, 2025
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CDFA Food & Agriculture Finance Update

Features

Join CDFA for the Return of the Revolving Loan Fund Course Week!
CDFA's Revolving Loan Fund Course Week is returning with the intro level on May 12-13 followed by the advanced level on May 14-15. Register for one or both of these courses to learn from experts about developing, implementing, and managing efficient and impactful revolving loan fund programs.

Indiana Farming Organizations Awarded $6.7M to Support Food Chain Resiliency
Seventeen farm and food organizations across Indiana have been awarded a total of more than $6.7 million in federal funding from USDA's Agricultural Marketing Service (AMS), in partnership with the Indiana State Department of Agriculture (ISDA), through the Resilient Food Systems Infrastructure Program (RFSI). These grants will build resilience across the middle of the supply chain while strengthening local and regional food systems.

CDFA Member Discount for The Bond Buyer Texas Public Finance 2025 Event
The Bond Buyer invites you to the Texas Public Finance 2025 conference on April 9–11 in Austin, TX. This is more than a conference — it's a strategic investment in your professional growth. You'll leave with actionable insights on navigating Texas' evolving economic and policy landscape, from innovative financing strategies to the latest regulatory changes. Whether you're looking to strengthen partnerships, explore new funding opportunities or stay ahead of industry trends, you'll gain the knowledge and connections needed to make an impact. Use code MCDFA20 for 20% off your registration today and join us in Austin, TX! Use Discount Code: MCDFA20 

BCI Funding Helps New York AgTech Startup Support Family Farms
Fifth-generation apple grower Jamie Sonneville founded Agri-Trak to help farmers use data and technology to increase efficiency and sustainability. With support from SSBCI-backed programs through New York Ventures and Launch NY, her company now serves farms across four states and manages over 10,000 acres of farmland. SSBCI funding helped Agri-Trak grow after earlier successes in national accelerator programs and pitch competitions.

Nuveen Energy Infrastructure Credit Finances Divert to Scale Infrastructure Advancing Food System Circularity
Nuveen Energy Infrastructure Credit, a part of the $1.3 trillion asset manager of TIAA, and Divert, Inc., a circular economy company on a mission to prevent food from being wasted, announced significant financing to scale infrastructure advancing food system circularity in the southeast U.S. Nuveen Energy Infrastructure Credit's investment includes more than $90 million to fund the development of Divert's Integrated Diversion & Energy Facility in Lexington, North Carolina, one of 30 facilities the company intends to develop nationwide to address the wasted food crisis.

Bread & Butter Ventures Announces $40M Fund IV to Invest in Seed Stage Startups 
Bread & Butter Ventures, an early-stage venture firm based in the "bread and butter state" of Minnesota, announced the close of its fourth fund with a new $40 million vehicle. Their newest fund, which has already begun making investments, targets innovative seed-stage tech companies across North America that are shaping the future of food technology, digital health, and enterprise SaaS. 

Healing Soils Foundation is Launching the Regenerative Farmer Assurance Fund 
In response to current federal funding uncertainty, the Healing Soils Foundation (HSF) is launching the Regenerative Farmer Assurance Fund (RFAF) to provide critical financial relief to organic and regenerative farmers facing delays in public funding. By offering this crucial safety net, HSF is stabilizing the regenerative farming movement, protecting soil health initiatives, and ensuring Midwest farmers can continue their vital work without interruption.

Indigo Ag Received $1.5M from Google for Regenerative Ag Program in Oklahoma
Indigo Ag and Google have joined forces to scale up adoption of regenerative agriculture practices to replenish nearly one and a half billion gallons of water over the next seven years. Google's $1.5 million contribution supports regenerative agriculture on enrolled farms in Oklahoma, expected to result in increased soil moisture and water retention.

Upcoming Events
2025 CDFA Federal Policy Conference

CDFA // BNY Development Finance Webcast Series: Tax-Exempt Bonds in Affordable Housing Development
April 22, 2025 - 2:00 PM - 3:00 PM Eastern
During this installment of the CDFA // BNY Development Finance Webcast Series, panelists will provide an in-depth look at Low-Income Housing Tax Credit (LIHTC) bonds and how they've been used to finance the construction and rehabilitation of affordable housing units.

CDFA Food Systems Finance Webinar Series: Navigating Access to Capital Networks in the Food System
May 6, 2025 - 2:00 PM - 3:30 PM Eastern
During this installment of the CDFA Food Systems Finance Webinar Series, we'll explore key networks providing essential funding and resources to support the growth of businesses and projects across the food system. From farmers and food processors to food hubs, learn how these networks are unlocking financial resources, fostering partnerships, and driving transformative change by increasing capital access. Gain insights into strategies that help food system entrepreneurs tap into these networks for sustainable growth and innovation.

Food & Agriculture Finance News

American Farmland Trust Launches Emergency Resilience Grant for Farmers
foodtank | Apr. 8 | Access to Capital | Agriculture Finance

Massachusetts Announces $850K in FRESH Funding for Schools
Nashoba Valley Voice | Apr. 3 | Access to Capital | Agriculture Finance | Food Systems Finance | State Finance Program

USDA Announces Availability of Low-Interest Loans for Producers in Six Southern Illinois Counties
kfvs12.com | Apr. 2 | Federal | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

Schools and Farmers Brace for Impact as USDA Cuts Food Program Funding
13wmaz.com | Apr. 2 | Agriculture Finance | Federal | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

Michigan Invests in Regional Food Infrastructure
Brownfield Ag News | Apr. 1 | Access to Capital | Food Systems Finance

Rockefeller Foundation Commits $100M to Serve Nutritious School Meals
The Rockefeller Foundation | Mar. 27 | Access to Capital | Food Systems Finance | Foundations

South Dakota Announces Nearly $140M for Statewide Environmental Projects
SD.gov | Mar. 27 | Access to Capital | Agriculture Finance | Water Finance

Trump Administration Drops Funding for Pennsylvania Farmers Who Help Food Banks
Pennsylvania Capital-Star | Mar. 26 | Federal | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

Cleveland, OH Food Bank Loses Nearly $1M Worth of Food as Part of USDA Cuts
Cleveland 19 News | Mar. 25 | Federal | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

Funding Available to Assist Minnesota Meat Processors
MN Department of Agriculture | Mar. 19 | Access to Capital | Food Systems Finance | State Finance Program

Rhode Island DEM Awards $1M in Resilient Food Systems Infrastructure Grants
PBN | Mar. 18 | Access to Capital | Federal | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

Kentucky Agriculture Finance Corp Approves More Than $2.4M in Loans
Columbia Magazine | Mar. 17 | Access to Capital | Agriculture Finance | Revolving Loan Funds (RLFs) | State Finance Program

How Federal Funding Cuts Could Reshape New Mexico's Municipal Bond Market and Public Investments
Lord Abbett | Mar. 13 | Bond Finance | Community Development | Development Finance Toolbox | Economic Development | Education | Energy Finance | Food Systems Finance | Green Finance | Housing Finance | Infrastructure Finance | Redevelopment | Resiliency | Rural Development | Social Finance

Pennsylvania Funds Urban Agriculture Projects to Support Food Supply
Greater Fort Wayne Business Weekly | Mar. 13 | Access to Capital | Agriculture Finance | State Finance Program | Urban Development

Farm Credit East Contributes $50K to Newark, NJ Urban Agriculture Cooperative
Morning AgClips | Mar. 12 | Access to Capital | Agriculture Finance | Food Systems Finance



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
425 Metro Place N., Suite 460
Dublin, OH 43017
(614) 705-1300
info@cdfa.net

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