About

Advocacy

Events

Membership

Sponsor

Education

Newsletters

Resources

Advisory Services

×

CDFA Food and Agriculture Finance Update - March 11, 2025

Having trouble viewing this newsletter? View it online.
CDFA Food and Agriculture Finance Update
March 11, 2025
Subscribe
View Archives
CDFA Food & Agriculture Finance Update

Features

Last Call to Submit Applications for the 2025 Caren S. Franzini Fellowship
The Caren S. Franzini Fellowship was established to cultivate and celebrate exceptional women in development finance, recognizing their leadership and commitment to advancing the industry. Administered by the CDFA Foundation, this six-month fellowship is open to women employed by a CDFA member organization with less than 10 years of experience in the field. Apply by Friday, March 14!

Kentucky's Castle & Key Distillery Expands Sustainability Efforts with Solar Energy Investment
Castle & Key Distillery, a leading producer of Kentucky's craft spirits, recently completed the first phase of a major solar energy project as part of its ongoing sustainability initiatives. With this investment, the distillery is further solidifying its commitment to renewable energy and harnessing solar power across more than an acre of space while continuing to produce spirits. The $2 million investment was supported by the Rural Energy for America Program (REAP) Grant, a federal initiative aimed at helping rural small businesses transition to renewable energy sources, reduce energy costs, and enhance American energy independence.

Re(Introducing) the Cisco Foundation Regenerative Future Fund: Redefining Impact in Climate Investing
In 2021, the Cisco Foundation made a commitment to address the climate crisis, pledging $100 million over 10 years to fund innovative climate solutions. As climate challenges accelerate and natural disasters intensify, the climate investments program has refined its approach to impact investing by focusing on transformative, venture-backed technologies and solutions, announcing a rebranding as the Regenerative Future Fund.

MyLand Announces $4.8M Program to Enhance Soil Health in Washington State 
MyLand, a leading innovator in soil health, announced a new $4.8 million opportunity in Washington State to enhance soil health for farmers. The program, funded in combination by the Washington State Department of Agriculture and Washington State Department of Commerce, focuses on supporting sustainable agricultural practices and reducing greenhouse gas emissions. MyLand's new program, aiming to cover 9,000 acres in Washington, is supported with funding from Washington's Climate Commitment Act (CCA). The CCA supports Washington's climate action efforts by putting cap-and-invest dollars to work reducing climate pollution, creating jobs, and improving public health.

2025 CDFA Federal Policy Conference Returns April 15-16!
Uncertainty can cause concern. But it can also provide opportunities. This is why we're hosting the annual CDFA Federal Policy Conference, presented with CHFA, this April 15-16 in Washington D.C. This is your chance to hear from—and be heard by—the people influencing the development finance industry at the federal level. This isn't just a networking conference with informative breakout sessions, it's a chance to sit at the table and talk with representatives from federal agencies. Save your seat at this important meeting of the minds, and help us turn uncertainty into opportunity. Register today!

Rockefeller Foundation Invests $3.5M to Support American Farmers, Improve Nutrition & Address Chronic Disease
The Rockefeller Foundation announced $3.5 million to expand and strengthen Food is Medicine (FIM) programs across the United States. As part of The Rockefeller Foundation's $100 million FIM commitment, these grants will advance research, while supporting small and mid-scale U.S. farmers, improving health outcomes for people with chronic disease, and mitigating rising healthcare costs in select communities. In addition, funding will support state-based efforts nationwide to include FIM interventions as a medically covered benefit under Medicaid programs.

GoodSAM Foods Secures $9M Series A to Scale Regenerative Food Movement
 GoodSAM Foods, the mission-driven food brand dedicated to regenerative agriculture, transparency, and farmer empowerment, announced a $9 million Series A funding round. This milestone reflects growing investor confidence in sustainable food systems and patient capital models that prioritize long-term impact over short-term gains. The investment also marks a notable achievement for a female-founded and led company, as women entrepreneurs continue to face disproportionate barriers in fundraising. In 2023, companies founded solely by women garnered just 2% of the total capital invested in U.S. venture-backed startups, underscoring the significance of this raise.

Upcoming Events
2025 CDFA Federal Policy Conference

CDFA // BNY Development Finance Webcast Series: Political Landscape of Private Activity Bonds
March 18, 2025 - 2:00 PM - 3:00 PM Eastern
During this installment of the CDFA // BNY Development Finance Webcast Series, panelists will share their perspectives on federal policy trends, the legislative outlook for Private Activity Bonds, and effective advocacy strategies to ensure their continued use in public-private financing.

CDFA State Rundown: How the Tucson IDA is Unlocking Capital Across Arizona
March 27, 2025 - 2:00 PM - 3:00 PM Eastern
Join us for an in-depth look at the growth of the Tucson IDA over the past four years. In this session, we'll explore the IDA's journey through maturation as a Development Finance Agency (DFA), highlighting key milestones and the impact it has had on the local community. The webinar will showcase how a DFA can drive meaningful change and create tangible outcomes, with the goal of inspiring other state DFAs to take action. Whether you're new to the concept or looking for strategies to expand your DFA's influence, this session will provide valuable insights into how a DFA can make a lasting difference.

Food & Agriculture Finance News

California Ag Department Awards $750K to Increase Healthy Food Access
The Packer | Mar. 6 | Access to Capital | Agriculture Finance | Food Systems Finance | State Finance Program

Pennsylvania Partners with USDA Northeast Regional Food Business Center to Support Farms, Food Businesses
PennWatch | Mar. 4 | Agriculture Finance | U.S. Dept. of Agriculture (USDA)

Horizon Farm Credit Launches Community Investment Grant Program to Empower Nonprofit Organizations
Morning AgClips | Mar. 3 | Access to Capital | Agriculture Finance

Over $1M Awarded to Support Rhode Island's Local Food System
RI Dept of Environmental Management | Mar. 3 | Access to Capital | Agriculture Finance | Federal | U.S. Dept. of Agriculture (USDA)

Maryland Department of Agriculture Partners with Northeast Regional Food Business Center to Launch Business Builder Funding Opportunity 
Maryland Department of Agriculture | Feb. 25 | Access to Capital | Agriculture Finance | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

NJEDA Accepting Applications for Food Equity and Economic Development in New Jersey (FEED NJ) Program
NJEDA | Feb. 21 | Access to Capital | Food Systems Finance | Member News

TAB Bank Fuels Growth for Farmers with $5M Financing Deal
Morningstar | Feb. 20 | Access to Capital | Agriculture Finance | Revolving Loan Funds (RLFs)

Best Crowdfunding Platforms for Agriculture, Food Security Initiatives
Funds for NGOs | Feb. 19 | Access to Capital | Agriculture Finance | Crowdfunding

Kentucky Agriculture Finance Corp. Approves More Than $1.2M in Loans
Morning AgClips | Feb. 19 | Access to Capital | Agriculture Finance | Bond Finance | Revolving Loan Funds (RLFs) | State Finance Program

New York State Announces $1M Available to New York Farmers' Markets
New York State | Feb. 19 | Access to Capital | Agriculture Finance | Food Systems Finance | State Finance Program

Local Food Coalition Backs Bills to Boost Hawai‘i Farm Grants, Infrastructure
Maui Now | Feb. 19 | Access to Capital | Agriculture Finance | Food Systems Finance | Legislative | State Finance Program

Funding Available to Enhance Minnesota Speciality Crop Markets
Minnesota Department of Agriculture | Feb. 19 | Access to Capital | Agriculture Finance | State Finance Program

Compeer Groundbreakers Program Lends Support to New and Beginning Farmers
Brownfield Ag News | Feb. 12 | Access to Capital | Agriculture Finance | Revolving Loan Funds (RLFs)

Farmers, Rendering Plant Promise 26 Jobs With $3.6M in South Dakota Loans
The Dakota Scout | Feb. 12 | Access to Capital | Agriculture Finance | Bond Finance | Food Systems Finance | Revolving Loan Funds (RLFs) | State Finance Program

Florida Launches Loan Program for Farmers, Growers Hit by Winter Storm
Tallahassee Democrat | Feb. 12 | Access to Capital | Agriculture Finance | Disaster Recovery & Relief | Revolving Loan Funds (RLFs) | State Finance Program



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.


Council of Development Finance Agencies
425 Metro Place N., Suite 460
Dublin, OH 43017
(614) 705-1300
info@cdfa.net

Archives

Displaying 1 - 30 of 100

March 11, 2025
February 11, 2025
January 14, 2025
December 10, 2024
November 12, 2024
October 8, 2024
September 10, 2024
August 13, 2024
July 9, 2024
June 11, 2024
May 14, 2024
April 9, 2024
March 12, 2024
February 13, 2024
January 9, 2024
December 12, 2023
November 14, 2023
October 10, 2023
September 12, 2023
August 8, 2023
July 11, 2023
June 13, 2023
May 9, 2023
April 11, 2023
March 14, 2023
February 14, 2023
January 10, 2023
December 13, 2022
November 8, 2022
October 11, 2022




CDFA National Sponsors

  • Alliant Insurance Services, Inc.
  • BNY
  • Bricker Graydon LLP
  • Business Oregon
  • CohnReznick
  • Frost Brown Todd LLP
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
Become a Sponsor