The Council of Development Finance Agencies (CDFA) is pleased to announce that U.S. Senators Ernst (R-IA) and Warner (D-VA) have introduced the Modernizing Agricultural and Manufacturing Bonds Act (MAMBA) in the U.S. Senate as S.2100. MAMBA, CDFA's signature piece of policy, will modernize the IRC rules as they relate to small issue bonds, specifically the private activity bond rules for manufacturing bonds and first-time farmers. MAMBA represents the most comprehensive reform to manufacturing and agricultural bonds since the 1980s. This piece of legislation will help drive U.S. global competitiveness, grow small manufacturers, and drive growth in American communities. CDFA expects a bi-partisan introduction in the U.S. House of Representatives shortly and will begin to push this legislation through Congress for full passage.

Say goodbye to traditional online learning and hello to a faster, smarter way to advance your career. The CDFA Summer Institute delivers a complete, comprehensive development finance education in half the time! This year, CDFA is debuting an all-new executive format — designed for busy professionals. Over five days, we're offering five 6-hour streamlined learning experiences from the CDFA Training Institute, making it easier than ever to take multiple courses. No overlapping sessions. No fluff. Just focused, intensive learning designed to fit your schedule. Learn how Bonds, Tax Increment Financing, Tax Credits, and Revolving Loan Funds work — all in one week! All five courses are eligible for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Register for all five courses and fast-track your path to certification!

Rhode Island Infrastructure Bank, the state's central hub for financing infrastructure improvements for municipalities, businesses, and homeowners, has closed on $100,000,000 in Clean Water State Revolving Fund bond financing, with $7,069,000 in principal forgiveness stemming from the Infrastructure Investment and Jobs Act. Bond proceeds will help finance the ongoing construction of the Narragansett Bay Commission's Combined Sewer Overflow (CSO) Phase III project and other system infrastructure upgrades.

The bond market is bracing for up to $1 trillion of additional U.S. Treasuries supply in the second half of the year once lawmakers address the looming debt ceiling problem, possibly permanently, top rates strategists said. Any new issuance will likely be focused on shorter-dated debt including bills.

CDFA is pleased to announce Kevin Donnelly, Vice President of Project Management for REDI Cincinnati, as the newest graduate of the prestigious Development Finance Certified Professional (DFCP) program. Mr. Donnelly oversees project management, site, and talent teams and cultivates partnerships to foster economic development in the Cincinnati region.

The Project Manager - Community Development - ECO oversees initiatives related to the Office of Economic Development's Community Development program which has a primary focus on supporting the creation of living wage jobs, expanding the City's tax base, increasing investment in Target Areas as defined in the City's  Economic Development Incentive Policy, creating or retaining jobs for low-and moderate-income communities, and fulfilling other public purposes in accordance with Chapter 373 and Chapter 380 of the Texas Local Government Code and the City's Community Development Plan. This position may also provide oversight for the City's New Market Tax Credit Program and the Office of Economic Development's Predevelopment Assistance Program which provides predevelopment loans to community developers and certified minority owned businesses. Applications close July 2, 2025.

Louisville/Jefferson County Metro Government (LMG) is seeking a qualified consultant to advise on the financing of redevelopment projects in Downtown Louisville. The best qualified team will have expertise in a variety of public finance tools, including but not limited to tax increment financing, tax exempt bond financing, tax credits (historic, housing, and New Markets), and PACE (property assessed clean energy financing). LMG particularly seeks a consultant with experience helping projects apply for the TIFIA (Transportation Infrastructure Finance and Innovation Act) Credit Program for transit-oriented development.

The Compliance Manager will oversee all compliance and regulatory functions of Finance New Orleans, including internal policy enforcement, federal funds regulatory compliance, and long-term project monitoring. This role is essential for mitigating risk, driving strategic compliance initiatives, and ensuring long-term success and transparency for FNO's affordable housing, green finance investments and public finance initiatives. This position works closely with executive leadership and cross-functional teams. This role is designed for a compliance leader seeking executive exposure and long-term career growth. As FNO expands into national green finance initiatives, this position will scale in influence and responsibility. Apply now!

The Finance Manager supports all financial operations at Finance New Orleans (FNO), overseeing budgeting, forecasting, reporting, and compliance functions. Reporting to the Chief Financial & Technology Officer (CFTO), this role drives financial strategy, ensures operational excellence, and supports the organization's mission to invest in climate resilience, affordable housing, and economic development. The Finance Manager plays a key role in building systems that scale, strengthening partnerships, and delivering fiscal transparency across the organization. You'll partner closely with the CFTO and executive team, serving as a trusted internal strategist while executing financial functions with precision. This role is ideal for someone ready to step into increasing leadership over time. Apply now!

Finance New Orleans (FNO) is looking for a bold and visionary Resilience Program Manager to help lead the future of climate resilience and energy equity in New Orleans. This role is perfect for a strategic, entrepreneurial leader who can turn climate finance concepts into impactful, community-rooted programs. As a key member of FNO's Programs Team, you'll develop and manage a dynamic portfolio of clean energy and energy efficiency programs-from community solar to microgrids to green consumer lending. You'll collaborate with government partners, community groups, contractors, and capital providers to bring scalable, inclusive solutions to life. This role sits at the exciting intersection of clean energy, affordable housing, and public innovation-and offers the rare opportunity to lead city-scale innovation in green lending, solar access, and resilience finance. Apply today!

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