The first session on Evaluating Risk, May 23, 1:00-4:00 PM Eastern, will provide an overview of the history of risk assessment in lending, discuss technical strategies and best practices for conducting a more equitable evaluation of borrowers while maintaining sustainability, and share examples of how these approaches can be put into action. Register today!

New York-based Berkshire Agricultural Ventures received a $630,000 grant from the U.S. Department of Agriculture through its Rural Development Meat and Poultry Intermediary Lending Program. Combined with $210,000 in donations from the community, the nonprofit will establish an $840,000 revolving loan fund intended to help meat processors in the Berkshire-Taconic foodshed absorb more deliveries from farms.

U.S. Secretary of Agriculture Tom Vilsack, co-host for the Agriculture Innovation Mission for Climate (AIM for Climate) Summit, announced during the Summit's opening plenary that AIM for Climate partners from around the globe are increasing investment in, and support for, climate-smart agriculture and food systems innovation.

EPA's Office of Transportation and Air Quality is announcing the availability of funds and soliciting applications from eligible entities to incentivize and accelerate the replacement of existing school buses with clean and Zero Emissions school buses. Eligible activities include the replacement of existing internal-combustion engine school buses with electric, propane, or compressed natural gas school buses, as well as the purchase of electric vehicle supply equipment (EVSE) infrastructure and EVSE installations.

The Yankton City Commission approved a $2.3 million tax increment finance (TIF) district for the Stencil Group of Sioux Falls. The firm has announced its plans for 305 East Second Street, in the B-3 Central Business District east of the Gurney Building. The commission also unanimously approved a zoning amendment to change the parking, yard, and open space requirements for multiple-family dwellings in the B-3 Central Business District.

The Federal Railroad Administration issued a Notice of Funding Opportunity announcing the availability of $5.8M in funding from the Bipartisan Infrastructure Law for the Interstate Rail Compacts (IRC) Program. As part of President Biden's Investing in America agenda, this program will provide federal funding and technical assistance to entities implementing IRCs, which are a vital early step to delivering rail projects in local communities.

New York has awarded $101 million in financing to the IMPACT Utica housing projects on Broad and Bleecker Streets. The funding is provided through New York State Homes and Community Renewal's Low Income Housing Tax Credit Program and Tax-Exempt Bond financing. PeopleFirst, formerly the Utica Municipal Housing Authority, is managing the projects.

The Alabama Senate approved a record $8.8 billion state education spending plan for fiscal 2024 and an unprecedented $2.8 billion supplemental spending bill for this fiscal year. This includes $30 million for a new Distressed Institutions of Higher Education Revolving Loan Program administered by the State Treasurer.

Philadelphia Industrial Development Corporation (PIDC) is seeking a Vice President and Senior Loan Officer, Real Estate Finance. This position is responsible for the management of the Real Estate Finance Team and the achievement of their annual goals, such as all aspects of business development/loan origination, pipeline management in PIDC's Enterprise Management System, deal/loan structuring, underwriting, etc. Applicants can apply at https://www.pidcphila.com/tools/careers; or submit a resume and cover letter to: careers@pidcphila.com.

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