Register today for the Fundamentals of Economic Development Finance WebCourse, the foundation for all of CDFA's educational offerings. This course helps attendees understand the variety of development finance tools available, from bonds, tax credits and TIF, to federal financing programs, RLFs, and access to capital lending resources.

The federal government plans to give commercial banks credit for issuing loans in low-income communities as part of a larger reform to a 1970s-era Community Reinvestment Act. This is the first direct regulatory incentive for banks to lend in Opportunity Zones and could be a game-changer for the program, according to some experts.

The San Diego City Council moved a step closer Tuesday to placing a $900 million bond measure on the November ballot in hopes of dramatically expanding affordable housing in the city to address homelessness.

Members of Huntington City Council unanimously approved an intergovernmental agreement that will see the city of Huntington loan about $1.8 million to the Huntington Municipal Development Authority for a hillside slip repair at Kinetic Park. All revenue generated from the tax increment financing (TIF) district surrounding Kinetic Park will go toward repaying the city.

The Columbus Dispatch reported recently that the Authority plans to spend close to $250 million this year on acquisition and renovation of new units. In May 2019, voters approved a $50 million housing bond to support affordable housing work, and in June, the city announced an additional $100 million public/private Housing Action Fund.

The Trump Administration is proposing significant revisions to the implementing regulations of the National Environmental Policy Act of 1969 (NEPA). NEPA requires federal agencies to provide a documented evaluation, with public input, of the environmental impacts of a proposed project that involves federal approval or funding, such as grants, contracts, loans, or permits.

Contending that California needs to better encourage small players with ideas to address the climate crisis, Gov. Gavin Newsom included a $1 billion revolving loan program in his new budget to seed recycling, low-carbon transportation, and climate-smart agriculture projects.

US Sen. Brian Schatz and Sen. Mazie Hirono of Hawai'i joined fellow senators from Alaska, Sen. Lisa Murkowski and Sen. Dan Sullivan in introducing legislation aimed at improving the economic prosperity of Native communities. The "Inspiring Nationally Vibrant Economies Sustaining Tribes or INVEST Act seeks to improve the existing New Markets Tax Credit program to more effectively reach Native communities.

After a nearly five-year run through the federal courts, a Florida county has decided to end its lawsuit challenging the U.S. Department of Transportation's award of private activity bonds to Virgin Trains USA, the country's only privately owned passenger rail system.

During this installment of the CDFA // BNY Mellon Development Finance Webcast, hear from our experts as they dive into the data, examine the trends, and offer a preview of the bond market in 2020.

Cities, suburbs, and rural areas across the country all have complex challenges and opportunities when it comes to housing, and Texas is no exception. Issues of affordability in housing are often connected to social equity and economic development strategies; however, communities have numerous tools available to support the development of affordable, market rate, mixed-income, and mixed-use housing. This webinar will explore some of the tools that can be utilized to support a myriad of housing challenges and opportunities as well as how development finance agencies can become key partners in housing development in their community.

The Assistant Community Development Director is a new position for the department and will function with a high degree of independence. It is a senior management-level position providing administrative direction and leadership to the Community Development Department. Under guidance of the Community Development Director, the Assistant Community Development Director will be charged with direct oversight of the department's administrative and organizational management activities as well as strategic programs and special projects.

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