The City of Mount Vernon is a small, picturesque city situated at the foothills of the Cascade Mountain Range in Northern Washington located nearly halfway between Seattle and Vancouver British Columbia. Its quaint streets are lined with small businesses that keep its downtown lively and its citizens happy. However, the current library is approaching the end of its lifetime as the citizens need more out of the library than the building can provide.

The Federal Reserve said it would reduce the rates it charges cities and states seeking short-term loans from an emergency lending program that has seen little takeup so far. Changes to the program must be agreed upon by the Treasury Department, which has approved $35 billion to cover losses on up to $500 billion in loans extended by the Fed.

Universities, waiting to see how hard the coronavirus pandemic will hit overseas enrolments and government grants, have gone on a borrowing spree in the bond markets this year that outpaces a rise in companies' bond sales.

The Falcone Group, led by mega-developer Art Falcone, has announced that Alfonso Costa Jr. has been hired as Executive Vice President of Falcone Residential's newest division focused on affordable and workforce housing. In his new role, Costa will be responsible for leading Falcone Residential's workforce and affordable housing platform, as well as the firm's Opportunity Zones strategy. Costa most recently served as Deputy Chief of Staff at HUD.

President Trump has signed executive orders to extend economic relief after lawmakers were unable to reach an agreement on a new stimulus package. The orders include extending enhanced unemployment benefits and the federal eviction moratorium, imposing a payroll tax holiday, and further suspending federal student loan payments.

HUD announced $472 million in CARES Act funding to help low-income families during the coronavirus pandemic. This funding can be used by Public Housing Authorities to help families assisted by Housing Choice Vouchers and Mainstream vouchers prevent, prepare for, and respond to the coronavirus. The funding, made available by the CARES Act, will be awarded to Public Housing Authorities across the Nation.

As a result, of the COVID-19 pandemic, the restaurant industry that emerges from the global pandemic will likely look fundamentally different from the one that existed in early March. How will the COVID-19 crisis change the landscape of the industry, and what do restaurants need to do to survive?

The SBA has published additional guidance regarding the forgiveness of Paycheck Protection Program (PPP) loans. The new FAQs clarify previous SBA guidance, provisions of the CARES Act, and the PPP loan forgiveness application.

Intro Infrastructure Finance WebCourse
September 23-24, 2020 - Daily: 12:00 - 5:00 PM Eastern

CDFA-PFM Capital Markets Webinar Series: Today's Bond Regulatory Environment
August 20, 2020 - 2:00 - 3:30 PM Eastern

CDFA-Bricker PACE Webinar Series: Policy and the Future of PACE
Tuesday, August 25, 2020 - 11:00 AM - 1:00 PM Eastern

CDFA // BNY Mellon Development Finance Webcast Series: Investing in Childcare Facilities
Thursday, August 27, 2020 - 1:00 PM Eastern

Arctaris Impact Investors is inviting you to participate in our $25M Place-Based Opportunity Zone Fund Investment Initiative. This initiative intends to improve the quality of life for all Americans by providing Opportunity Zone investment capital for community development programs that would otherwise go unfunded. Arctaris will award each recipient $25 million or more of Opportunity Zone capital in combination with localized match dollars from government, philanthropic, or private sector partners.

The Compliance/Asset Management Specialist for Invest Atlanta is responsible for managing all matters pertaining to the real estate owned, operated, and/or managed by the Invest Atlanta, URFA, and any of their affiliate entities.

Eastern Maine Development Corporation, a private, non-profit, mission-based lender, is seeking a new Loan Office to join its Lending Department team. The application deadline is August 24.

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USDA's Forest Service (FS), Rural Development (RD), and the National Institute for Food and Agriculture (NIFA) have developed this resource guide for rural communities to identify resources that develop the recreation economy.

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