CDFA Revolving Loan Fund Finance Update - June 14, 2016
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Features |
Fort Myers Beach Receives $6.8M from FL State RLF
Fort Myers Beach has received $6.8 million loan from the Florida State Revolving Loan Fund. The loan will help the town pay off $3.2 million in vendor bills that accumulated from work done on an ongoing water rehabilitation project.
NY Micro-RLF Bill Awaits Gov. Approval
The Small Business Support Bill has passed the New York State Senate and Assembly, and awaits Governor Cuomo's action to sign it into law. The bill would ensure the state prioritizes micro-businesses when awarding Small Business Revolving Loan Funds.
McCarthy Announces $55.2M for Redevelopment
U.S. Environmental Protection Agency (EPA) Administrator Gina McCarthy announced the selection of 218 new grant investments totaling $55.2 million to 131 communities across the U.S. The communities will recieve $200,000-$820,000 in RLF and Cleanup grants.
Cleveland Utilities Waterline Project to Get $3.7M State RLF Boost
Cleveland, TN is one of six communities and water/wastewater authorities approved for low-interest, fixed-rate loans from the State Revolving Fund Loan Program. The $3.725 million state funding package will finance the final leg of a 3-phase waterline project
Gloucester Co, NJ RLF Receives $250K Infusion
The Gloucester County Small Business Revolving Loan Fund received an infusion of $50,000 from the county and $200,000 from the Cooperative Business Assistance Corp.
Understanding Revolving Loan Funds
An introductory overview of revolving loan fund and the economic development needs of communities and small businesses involved are outlined by Mark Barbash of CDFA in this presentation.
Palm Beach County Brownfields Revolving Loan Fund Program
Greg Vaday of Palm Beach County discusses how to establish a RLF within the parameters of EPA funding.
Allentown, PA Group Launches Micro-RLF
The Allentown Economic Development Center has launched a micro-revolving loan fund for businesses in the Bridgeworks Enterprise Center. AEDC anticipates providing three to five loans at the start.
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Upcoming Events |
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Headlines |
Sheldon, IA Business Expands With RLF
KIWA Radio | Jun. 14 | Access to Capital | Energy Finance | Revolving Loan Funds (RLFs)
Orange Co., NC RLF Supports Business Growth
The News Observer | Jun. 14 | Access to Capital | Economic Development | Local Finance Program | Revolving Loan Funds (RLFs)
EPA Awards Norwich, CT $384K
Norwich Bulletin | Jun. 14 | Access to Capital | Brownfield Financing | Revolving Loan Funds (RLFs) | U.S. Environmental Protection Agency (EPA)
Dover, NH Receives $2M for Water Upgrades
SeaCoast Online | Jun. 14 | Access to Capital | Infrastructure Finance | Revolving Loan Funds (RLFs)
SMIF Creates Grow a Farmer Fund
Houston County News | Jun. 14 | Access to Capital | Innovation Finance | Revolving Loan Funds (RLFs) | Rural Development
EPA Grant Will Aid Henderson, NV Highway
Las Vegas Review-Journal | Jun. 14 | Access to Capital | Brownfield Financing | Revolving Loan Funds (RLFs) | U.S. Environmental Protection Agency (EPA)
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The Council of Development Finance Agencies (CDFA) is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private, and non-profit entities alike. For more information, visit www.CDFA.net or email info@cdfa.net
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Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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