SSBCI Midwest Regional Conference Live Stream Plenary Session Registration is Open
Registration for the 2024 SSBCI Midwest Regional Conference Live-Stream plenary sessions is open through Friday, August 16, 2024. Register through the conference website, where you will find the agenda and additional details. The event is co-hosted in partnership with the Federal Reserve Banks of Kansas City, St. Louis, Chicago, and Dallas and the U.S. Department of the Treasury SSBCI Program.
Unlock Funding Opportunities: Join Our Greenhouse Gas Reduction Fund Readiness Workshop!
Join CDFA for an exclusive online workshop that will dive deep into the Greenhouse Gas Reduction Fund (GGRF) and its pivotal components, including the $14 billion National Clean Investment Fund (NCIF) and the $6 billion Clean Communities Investment Accelerator (CCIA). The GGRF Readiness Workshop will equip you with the knowledge and tools needed to navigate and leverage these significant funding opportunities effectively. Don't miss out on the chance to enhance your funding strategy and boost your project's success!
Brighton Business Wins Iowa EDA Award for Mobile App
The Iowa Economic Development Authority (IEDA) Board approved awards to five Iowa startups from Iowa's State Small Business and Credit Initiative (SSBCI) Innovation Fund. One of the businesses, The Agenda. Period Inc. developed a mobile app to better understand and navigate a woman's menstrual cycle. The platform tracks cycles and symptoms and provides resources to support hormonal health and overall well-being.
We Want to Hear from You! Help Identify Financing Tools for Missing Middle Housing
This year's class of CDFA Franzini Fellows is researching the various financing tools available for missing middle housing, affordable housing, and in particular, pocket neighborhoods. The Fellows are interested in learning about housing financing tools, as well as barriers and solutions to access to capital. By taking just a few minutes to complete this survey, you will lend your experience and industry knowledge to aid in the creation of systems and action plans that can be used for both developers and new homeowners. Thank you for your participation!
New Federal Appropriated Funds Strengthen Puerto Rico Venture Capital Programs
The Puerto Rico Economic Development Bank (EDB) received a $30 million allocation from the U.S. Treasury to expand the "Boost Your Business" programs of the State Small Business Credit Initiative (SSBCI). This will support the Puerto Rico Venture Capital Access Program (VCAP), which will be implemented with the support of the Puerto Rico Trust for Science, Technology, and Research.
Join CDFA for Our Upcoming Intro Tax Credit Finance Course
Register for CDFA's Intro Tax Credit Finance WebCourse, taking place on September 25-26. Join us in learning about the application of tax credit programs and their use in greater economic development finance efforts. Our panel of expert speakers will discuss tax credit programs, including new markets, low-income housing, historic preservation, and state-specific programs.
$83M Loan Program for Alaska Tribal, Small Businesses Approved by U.S. Treasury
Up to $83 million in federal funds have been approved for small business loans to be offered through a consortium of Alaska tribes. The funds are part of the U.S. Treasury's broader effort to support tribal economies, with up to $415 million being funneled into developing the economies of 220 tribes. Of that group, 125 tribes make up the consortium from Alaska.
Treasury Announces New Funding to Support Technical Assistance for Small Businesses
The U.S. Department of the Treasury announced the approval of plans for an additional $10 million in technical assistance (TA) funding allocated to four states, two territories, the District of Columbia, and one tribal government under the American Rescue Plan Act's State Small Business Credit Initiative (SSBCI) TA Grant Program. The program supports programs that provide legal, accounting, and financial advisory services to qualifying small businesses.
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