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Florida Community Loan Fund has finalized closing on New Markets Tax Credit (NMTC) financing for Boys & Girls Clubs of Sarasota and DeSoto Counties. With $7 million in NMTC allocation, Boys & Girls Clubs will build a new 23,000-sq ft Club and renovate another damaged building on the site. This new state-of-the-art Steven and Marjolaine Townsend Campus, home of the Gene Matthews Boys & Girls Club, will enable the organization to serve up to 350 members in North Port with modernized education classrooms, enrichment space, a technology lab, and a cafeteria.

CDFA is pleased to announce the second round of applications for the CDFA Community Facilities Technical Assistance Program for Tribal Communities, funded by the U.S. Department of Agriculture (USDA). This program aims to increase investment in community facilities infrastructure by providing direct technical assistance and financing resources to tribal communities across the country.

The New Terminal One (NTO), a consortium of labor, operating, and financial partners at New York's John F. Kennedy International Airport, is preparing to issue $2.55 billion in bonds to continue refinancing bank loans raised in 2022. It is the second time JFK's NTO will issue bonds in less than a year. The consortium first sold $2 billion in bonds in December to refinance about $6.5 billion in bank loans, following a period of municipal bond market volatility and illiquidity.

During the Tuesday, July 9 installment of the CDFA Tribal Financing Webinar Series, panelists will explore how tribal communities are investing in affordable housing solutions that meet their residents' unique needs. Come discuss the affordable housing crisis in Native communities and how experts are addressing it.

UB Community Development, LLC, a community development partner of United Bank, provided a combined $10 million in Federal and Mississippi New Markets Tax Credit (NMTC) funding to aid in the construction of a utility pole mill in Quitman, Mississippi. Once construction is complete, the new BP&P facility will include office space, a scale house, and maintenance building, as well as new technology and equipment that detects defects in logs before being processed into poles.

The U.S. Department of Agriculture (USDA) announced $50 million in awards through the Farm Labor Stabilization and Protection Pilot Program, including seven grants in Washington and two in Oregon. Combined, the Pacific Northwest grants total nearly $6 million. The awards are designed to improve the resiliency of the U.S. food supply chain by addressing agricultural labor challenges and instability, strengthening protections for farm workers, and expanding legal pathways for labor migration.

The U.S. Department of Energy announced six awards, totaling approximately $45 million, from the Energy Efficiency Revolving Loan Fund Capitalization Grant Program. The Program, supported by the Bipartisan Infrastructure Law, provides funds that allow states and territories to provide loans and grants to residents for energy efficiency audits, upgrades, and retrofits, and will encourage financial institutions to enable American families and small businesses to save money and reduce their energy costs.

STEP seeks a new Chief Executive Officer (CEO) to build upon the visionary legacy of its founder and early successes of the team instituting the right processes and systems to manage growth as opportunities to disrupt the cycle of generational poverty in Stanislaus County emerge or are advanced. The CEO will help realize STEP's Vision 2028 - scaling the organization; developing people and teams; and launching new programs. Additionally, they will identify and drive new, innovative approaches to community development that create opportunities for STEP to fulfill its mission while attracting new partners and resources. The deadline for applying is July 19, 2024.

The Project Officer – Clean Energy Partnerships works directly with Clean Energy Partnerships and Clean Energy Products colleagues on projects that accelerate New Jersey's clean energy growth.

NJEDA is seeking a senior credit underwriter who is responsible for analyzing commercial loan applications of greater complexity and higher dollar value and structuring credit arrangements, to generate interest income while limiting credit losses, to support the operations and fulfill the NJEDA mission. This person is also primarily responsible for loans under programs such as Direct Loans, Premier Lender Program, and the Department of Environmental Protection and completing financial reviews in support of EDA tax incentive programs.

The Senior Economist will work alongside the Chief Economist and Economist to support a variety of initiatives and priority projects for the Economic and Data Analytics team. This position will be responsible for analyzing market trends, advising the NJEDA on economic decisions, and developing models for forecasting, among other duties. The Senior Economist will also work to distill complex economic data to non-technical audiences--requiring excellent communicative ability.

Management and servicing of an assigned portfolio of incentive recipients to ensure compliance throughout the entire lifecycle of the tax credit/grant which supports the issuance of the tax credit/grant payments. This position is also responsible for working directly with incentives recipients, personnel in various internal departments, and external agencies to facilitate the issuance and/or transfer of tax credits. Utilizes specialized knowledge of the incentive projects and programs to address and resolve complex recipient issues and requests.

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