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CDFA Legislative and Federal Affairs Update - April 1, 2025

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Legislative and Federal Affairs Update
April 1, 2025
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Legislative and Federal Affairs Update

Legislative Features

Join CDFA for the Return of the Revolving Loan Fund Course Week!
CDFA's Revolving Loan Fund Course Week is returning with the intro level on May 12-13 followed by the advanced level on May 14-15. Register for one or both of these courses to learn from experts about developing, implementing, and managing efficient and impactful revolving loan fund programs.

House Democrats Call On EPA to Halt Shuttering of Environmental Justice Offices
A band of more than 100 House Democrats are calling on the Environmental Protection Agency (EPA) to halt its plans to shutter offices that help ensure low income and minority communities are not disproportionately saddled with pollution. 

CDFA Signs-On to Support Brownfields Redevelopment Tax Incentive Reauthorization Act
CDFA signs on to support the reintroduction of the Brownfields Redevelopment Tax Incentive Reauthorization Act, which will allow taxpayers to fully deduct the cleanup costs of contaminated property in the year the costs were incurred. The brownfield tax incentive is an investment in economic development, community health, and communities disadvantaged by historic land use patterns and hazardous land uses: restoring this vial tax incentive is long overdue and must be a priority in any tax legislation considered by this Congress.

CDFA Sample Letter: Preserve & Protect Tax-Exempt Bonds
Help preserve & protect tax-exempt bonds! Please copy the text from this letter and place it on your organization's letterhead. Modify the RED areas to reflect your particular agency. Fill in and send this letter of support to every member of Congress from your state. Any and all outreach is critical to gaining support in Congress.

Upcoming Events
2025 CDFA Federal Policy Conference

CDFA // BNY Development Finance Webcast Series: Tax-Exempt Bonds in Affordable Housing Development
April 22, 2025 - 2:00 PM - 3:00 PM Eastern
During this installment of the CDFA // BNY Development Finance Webcast Series, panelists will provide an in-depth look at Low-Income Housing Tax Credit (LIHTC) bonds and how they've been used to finance the construction and rehabilitation of affordable housing units.

CDFA-Bricker Graydon Webinar Series: A C-PACE Success Story
April 29, 2025 - 2:00 PM - 3:30 PM Eastern
During this engaging webinar, attendees will gain a clear understanding of the full lifecycle of a C-PACE project.

Federal Features

Join us for the 2025 CDFA Federal Policy Conference 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!

Mass Layoffs Begin at U.S. Department of Health and Human Services
Employees across the U.S. Department of Health and Human Services began receiving notices of dismissal, as part of a major overhaul expected to ultimately lay off up to 10,000 people. The notices come just days after President Donald Trump moved to strip workers of their collective bargaining rights at HHS and other government agencies.

SBA Cutting 40% of Workforce
The Small Business Administration (SBA) plans to cut more than 40 percent of its workforce amid an agency-wide restructuring. The agency will cut about 2,700 positions out of its workforce of nearly 6,500 employees, reverting to staffing levels from the first Trump administration, SBA Administrator Kelly Loeffler said. Certain accountability roles will be exempt from the reductions, including the Office of Advocacy and the Office of the Inspector General

Trump Administration Reinstating Nearly 25,000 Fired Federal Workers
US President Donald Trump's administration is working to bring back nearly 25,000 fired federal workers after judges ruled their terminations were illegal, court documents show. Officials at 18 departments and agencies have submitted documents to a federal court detailing their efforts to rehire the laid off probationary workers to comply with the court orders.

Federal Financing Clearinghouse Spotlight

CDFA's Federal Financing Clearinghouse is the only online resource cataloging the development finance programs offered by the federal government. Check out our featured agencies and programs below. >>> Learn More

Agency Seal U.S. Dept. of Defense (DOD)

Military Installation Sustainability Program
The Military Installation Sustainability program of assistance is designed to provide technical and financial assistance to states and local governments to analyze and implement actions necessary to...

Agency Seal U.S. Dept. of Education (DoED)

Promise Neighborhoods Program
The purpose of the Promise Neighborhoods program is to significantly improve the academic and developmental outcomes of children living in the most distressed communities of the United States,...

Agency Seal U.S. Dept. of Energy (DOE)

ATVM Loan Program
Advanced Technology Vehicles Manufacturing (ATVM) loans support the manufacture of eligible light-duty vehicles and qualifying components under the Advanced Technology Vehicles Manufacturing Loan...

Agency Seal U.S. Dept. of Health & Human Services (HHS)

Community Services Block Grant (CSBG) Program
The Community Services Block Grant (CSBG) provides funds to alleviate the causes and conditions of poverty in communities.

Legislative and Federal Headlines

Exclusive: All CDFI Programs Legally Required, Treasury Suggests
American Banker | Mar. 28 | Community Development | Federal | Legislative | U.S. Dept. of Treasury | U.S. Dept. of Treasury CDFI Fund

Early Bird Rates for the 2025 CDFA Federal Policy Conference End March 31!
CDFA | Mar. 25 | Federal | Legislative

Homeland Security Secretary Kristi Noem Says She Plans to ‘Eliminate FEMA'
The Hill | Mar. 25 | Community Development | Disaster Recovery & Relief | Economic Development | Federal

Judge Temporarily Bars EPA From Clawing Back $14B in Green Bank Grants
The Hill | Mar. 19 | Access to Capital | Community Development | Economic Development | Federal | Green Finance | U.S. Environmental Protection Agency (EPA)

HUD and DOI Announce Joint Task Force to Use Federal Lands for Affordable Housing
U.S. Department of Housing & Urban Development | Mar. 17 | Community Development | Economic Development | Federal | Housing Finance | U.S. Dept. of Housing & Urban Development (HUD)

New Executive Order Looks at CDFI Fund, Raises Uncertainty of Grants
America's Credit Unions | Mar. 16 | Community Development | Federal | Legislative

Federal Judge Rules Trump Must Reinstate Many Fired Federal Employees
The Hill | Mar. 13 | Federal | U.S. Dept. of Agriculture (USDA) | U.S. Dept. of Defense (DOD) | U.S. Dept. of Energy (DOE) | U.S. Dept. of Treasury

EPA Announces Dozens of Environmental Regulations It Plans to Target
NPR | Mar. 12 | Community Development | Economic Development | Federal | U.S. Environmental Protection Agency (EPA)

EPA Eliminating Environmental Justice Jobs
CBS News | Mar. 12 | Community Development | Federal | U.S. Environmental Protection Agency (EPA)

Secretary Turner Denounces DEI Criteria in Asheville, NC's Draft Disaster Plan
U.S. Department of Housing and Urban Development | Mar. 11 | Community Development | Disaster Recovery & Relief | Economic Development | Federal | U.S. Dept. of Housing & Urban Development (HUD)

Tariffs, Treasuries & America's Debt Dilemma: What it Means for Bond Markets
Financial Sense | Mar. 10 | Bond Finance | Community Development | Economic Development | Federal | Redevelopment | Resiliency | U.S. Dept. of Treasury

EPA Administrator Lee Zeldin Cancels 400+ Grants in 4th Round of Cuts With DOGE
U.S. EPA | Mar. 10 | Community Development | Economic Development | Federal | U.S. Environmental Protection Agency (EPA)

USDA Cancels $1B in Local Food Purchasing for Schools, Food Banks
Politico | Mar. 10 | Access to Capital | Agriculture Finance | Federal | Food Systems Finance | Social Finance | U.S. Dept. of Agriculture (USDA)

Trump Administration Throws Hundreds of Affordable Housing Projects Into Limbo After Contract Cuts
AP News | Mar. 7 | Access to Capital | Community Development | Economic Development | Federal | U.S. Dept. of Housing & Urban Development (HUD)

New EPA Guidance Says Spending Items Greater Than $50K Must Get Approval From DOGE
AP News | Mar. 7 | Community Development | Economic Development | Federal | U.S. Environmental Protection Agency (EPA)


New Additions to the Online Resource Database

CDFA // BNY Development Finance Webcast Series: Political Landscape of Private Activity Bonds
Bond Finance | Federal | Webcasts
During this installment of the CDFA // BNY Development Finance Webcast Series, panelists will explore the impact of federal tax policies, budget priorities, and political trends on the use and structure of PABs in financing critical public-private infrastructure projects.


The Council of Development Finance Agencies 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 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

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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
  • RDF
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
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