Governor Hobbs announced the Housing Acceleration Fund (HAF) at the 2026 State of the State Address. The HAF is an innovative financing tool called a pooled bond fund that utilizes the Arizona Finance Authority's bonding capability to leverage public and private contributions (on a 10:1 basis) to provide valuable low-cost, flexible gap financing for critical affordable and workforce housing projects, with funds revolving and growing over time. Contact Arizona Finance Authority Director Gregg Ghelf (gregg.ghelfi@afa.az.gov) to learn more. Projects will be funded following a competitive application process. AFA plans to launch the fund in the next 90 days.

The all-new CDFA Winter Institute debuts February 23-27, 2026! Designed for busy professionals, courses are scheduled without overlap, allowing you to complete multiple core classes in a single week while building a practical, integrated understanding of development finance. This is one of your only opportunities in 2026 to complete CDFA's core introductory training courses. Knock out your DFCP requirement courses this February! Early Bird rates end February 6!

Surrounded by city elected officials, workforce and business leaders, Texas U.S. Sen. John Cornyn touted tax cuts for families in the Families Tax Cuts Act. Aside from a tour of the brewery and a roundtable discussion held Tuesday, Jan. 20, at Central El Paso's Dead Beach Brewery, Cornyn outlined specifically how the Borderland will benefit from the "Big Beautiful Bill."

AltCap, an impact-driven Community Development Financial Institution, received a $40 million New Markets Tax Credit allocation from the U.S. Department of the Treasury's CDFI Fund. This allocation strengthens AltCap's ability to support catalytic real estate development projects and business investments that create jobs, expand services, and promote economic growth in underserved communities across Kansas, Missouri, Nebraska, California, and Texas.

Recent changes to Qualified Opportunity Zones (QOZs) enhance tax incentives for taxpayers who invest in rural areas. Investments in QOZs ultimately help improve economic growth and job creation in these communities. Under the One Big Beautiful Bill, there are two important changes.

Treasuries fell, pushing long-term yields to the highest in four months, as a rout in Japanese bonds and fallout from President Trump's tussle with European allies over control of Greenland weighed on global markets. U.S. bonds started the day in sharp decline amid a fierce selloff in Japanese government debt, which triggered turbulence worldwide. Treasuries then dipped even lower after a Danish pension fund said it will sell its holdings of U.S. government debt, before partially rebounding.

The Cary Village board approved the redevelopment agreement with developers who plan to build more than 200 apartments and some owner-occupied homes along Krenz Avenue. The total estimated cost of the project is more than $94 million. In order to complete it in a "timely manner," JM Developers says the company needs assistance from the Central Cary TIF District. Throughout the life of the estimated 23-year TIF, established in 2023, the project is projected to provide total incremental property taxes of more than $36.5 million.

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