The 2023 CDFA National Development Finance Summit is one month away and this is your last chance to lock in early bird pricing. Register by October 13 to save! We're excited to see you in Philadelphia!

Texas announced the opening of the Texas Small Business Credit Initiative (TSBCI) and will administer two programs: a Capital Access Program and a Loan Guarantee Program. Both are open to enroll new loans made to eligible new and existing Texas businesses with 499 or fewer employees. From October 9 through December 9, 2023, the TSBCI web portal will open to accept applications from financial institutions interested in participating in the program.

Learn about how tribal communities are investing in their healthcare systems to provide holistic care that is personalized to their residents and promotes broader economic resiliency during the next CDFA Tribal Finance Webinar Series. Speakers will discuss financing tools and programs that tribal nations are using for healthcare facilities that better serve their unique community needs.

The North Carolina Local Government Commission has approved almost $2 billion in bond and local financing requests from municipalities across the state. The North Carolina Housing Finance Agency (NCHFA) received approval to issue $750 million of revenue bonds to increase the supply of affordable housing. The bond proceeds will be used to continue NCHFA's homeownership program for families of low- and moderate-income for 2023 and 2024.

The City of St. Louis Community Development Administration (CDA) announced its spending priorities for over $26 million in federal Community Development Block Grant (CDBG) funds to support St. Louis social services, create affordable housing options, and improve infrastructure across St. Louis.

California Governor Gavin Newsom signed SB 605 into law, marking a significant step forward in bringing a new renewable energy resource to the state and further solidifying California's commitment to a sustainable and clean energy future. The legislation calls for an extensive study and assessment of wave and tidal energy potential off California's 840-mile coastline. The bill was unanimously passed in both the California State Senate and Assembly.

Mascoma Community Development (MCD) won an award of $50 million in New Markets Tax Credit (NMTC) authority, allowing MCD to direct capital toward underserved communities through financing high-impact, mission-focused projects nationwide with a primary focus on New Hampshire, Vermont, Maine, New York, and Massachusetts.

Massachusetts Gov. Maura Healey signed budget legislation into law that increases the annual cap for the state low-income housing tax credit (LIHTC) from $40 million to $60 million. The $1 billion state budget bill includes several tax cuts. The Massachusetts state LIHTC is authorized through Jan. 1, 2025, and has a maximum per-development cap of $5 million for a new assisted living project and $10 million for all others.

NCRC CDF is seeking a highly detailed Lending Program Manager who will lead lending and CDFI grant awarding efforts under the guidance of the Operations Director. The Lending Program Manager will have client interaction directly and indirectly through collaboration with client-facing support staff, ensure adherence to NCRC CDF policy and practice in the execution of programs, and ensure the collection of applicant, borrower, and grantee documents through the appropriate mechanisms.

JobsOhio is seeking a senior project finance manager who is responsible for managing the more complicated finance Projects within the pipeline. As part of the deal team, the manager will engage with companies, identify their drivers and project gaps, and structure a solution to fill the gap. The manager is also responsible for assisting with the management of Projects and performing all steps in the process from vetting, structuring, and winning job creation opportunities in Ohio.

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