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Development Finance Review Weekly - April 24, 2025

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Development Finance Review Weekly
April 24, 2025
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CDFA Development Finance Review Weekly

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.

FEMA Expands Access to Revolving Loan Funds for Disaster Resilience through HMA Program
FEMA's Hazard Mitigation Assistance (HMA) program supports communities in reducing disaster risks through grants and planning tools. A key offering is the Safeguarding Tomorrow Revolving Loan Fund Program, which provides capitalization grants to states, tribes, and territories to establish local revolving loan funds. These RLFs finance hazard mitigation efforts, offering flexible, sustainable funding to strengthen resilience and reduce future reliance on federal disaster aid.

Milwaukee Food Bank Adapts to USDA Funding Cuts: A Model for Resilient Community Support in Wisconsin
In response to USDA funding cuts, Milwaukee's Hunger Task Force, led by CEO Matt King, is using innovative strategies to sustain vital food assistance programs. By leveraging local partnerships, optimizing resources, and seeking alternative funding, the organization aims to support low-income residents despite federal budget shifts. This approach highlights the importance of adaptability, community focus, and diversified funding to maintain essential services. As policies evolve, such local efforts remain key to addressing community needs effectively.

National Debt Pressures U.S. Bond Market, Impacting Development Finance and Community Initiatives
The Bipartisan Policy Center warns that the U.S. national debt, now at $28.9 trillion—equal to the nation's annual economic output—is straining the bond market and investor confidence. Rising debt, policy uncertainty, and debt ceiling standoffs could lead to higher Treasury yields and borrowing costs. This risks diverting taxpayer funds from essential programs to interest payments. The new administration's fiscal strategy will be key to stabilizing debt while preserving investments in infrastructure and community development.

U.S. Farm and Food Leaders Urge Continued WTO Engagement to Safeguard Agricultural Trade and Community Development
A coalition of 30 U.S. agricultural and food groups urged Congress to maintain U.S. involvement in the WTO, citing its role in supporting $176 billion in agricultural exports. Organizations like the International Dairy Foods Association argue that the WTO's rules-based system is vital for market access and U.S. influence in global trade. While acknowledging challenges within the WTO, the coalition calls for reform—not withdrawal—warning that disengagement could harm export growth and cede influence to countries like China.

Denver's 'Vibrant Denver' Bond Initiative: A $1B+ Investment in Inclusive Infrastructure and Community Growth
Denver unveiled the "Vibrant Denver" bond initiative, a proposed general obligation bond program aimed at funding citywide public improvement projects without raising taxes. The initiative seeks to invest in parks, recreation centers, libraries, roads, bridges, and other public facilities, aligning with the city's 2025-2030 Capital Improvement Plan. The bond would utilize existing property tax rates, allowing for new debt issuance without increasing the tax burden on residents. The city is actively engaging communities through surveys and meetings to gather input, ensuring that the investments address the needs of all neighborhoods, particularly those previously underserved.

Upcoming Events
Intro Revolving Loan Fund Course
Upcoming Webcasts

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.

CDFA Food Systems Finance Webinar Series: Navigating Access to Capital Networks in the Food System
May 6, 2025 - 2:00 PM - 3:30 PM Eastern
During this installment of the CDFA Food Systems Finance Webinar Series, we'll explore key networks providing essential funding and resources to support the growth of businesses and projects across the food system. From farmers and food processors to food hubs, learn how these networks are unlocking financial resources, fostering partnerships, and driving transformative change by increasing capital access. Gain insights into strategies that help food system entrepreneurs tap into these networks for sustainable growth and innovation.

CDFA-TEDC Webinar: Unlocking the Development Finance Toolbox
May 7, 2025 - 10:30 AM - 12:00 PM CT
This webinar provides attendees with a solid understanding of the range of development finance tools available to drive growth and build strong communities. Participants will explore bonds, tax credits, tax increment financing (TIF), revolving loan funds (RLFs), and access to capital lending tools.

Job & RFP Postings

Maryland DHCD - CDA Lending and Risk Analyst II/Energy Quality Assurance Inspector
The Energy Quality Assurance Inspector ensures effective residential retrofits by applying expertise in building science, energy diagnostics, and conservation. Responsibilities include reviewing energy audits, scopes of work, and inspecting completed units. The role involves evaluating work by Weatherization Agencies and Contractors through site visits, data monitoring, training, and technical support. The position may manage CDA energy programs for single-family, multifamily, or commercial projects. Duties also include reviewing contractor proposals, plans, and monitoring construction progress. The inspector helps meet program goals and ensures regulatory compliance. Travel across Maryland is required for inspections, meetings, and other events related to energy programs.

This Week's Headlines

DOE Makes $46.7M Loan Disbursement to Support Palisades Nuclear Restart
utilitydive.com | Apr. 23 | Energy Finance | Federal | U.S. Dept. of Energy (DOE)

VOA-GNY Launches $20M Housing Innovation Fund to Tackle Predevelopment Financing Gaps
Bloomberg | Apr. 23 | Access to Capital | Housing Finance | Revolving Loan Funds (RLFs)

Iowa Launches New Disaster RLF Program in Wake of 2024 Storms
River Cities' Reader | Apr. 22 | Access to Capital | Disaster Recovery & Relief | Housing Finance | Revolving Loan Funds (RLFs)

Amtrak Gets Major Approval By The U.S. Department Of Transportation Over NYC's Penn Station Project
thetravel.com | Apr. 22 | Infrastructure Finance | U.S. Dept. of Transportation (DOT)

EPA Firing 280 Staffers Who Fought Pollution in Overburdened Neighborhoods
The Hill | Apr. 22 | Brownfield Financing | Community Development | Federal | U.S. Environmental Protection Agency (EPA)

Illinois Rallies to Strengthen Local Food Systems Amid Federal Funding Freeze
Muddy River News | Apr. 22 | Access to Capital | Community Development | Economic Development | Food Systems Finance | Rural Development

Noblesville, IN Advances $19.7M School Bond to Modernize Facilities and Align with Federal Education Initiatives
CURRENT | Apr. 22 | Bond Finance | Community Development | Economic Development | Education | Infrastructure Finance

USDA Announces Disaster Relief for Western NC, Others Impacted by Recent Disasters
Southern Farm Network Today | Apr. 22 | Disaster Recovery & Relief | Rural Development | U.S. Dept. of Agriculture (USDA)

Aberdeen, SD Greenlights $20M Bond for Public Works Hub, Advancing Federal Infrastructure Goals
Aberdeen Insider | Apr. 21 | Bond Finance | Community Development | Economic Development | Infrastructure Finance | Resiliency

California's Agrisolar Expansion: Balancing Renewable Energy Growth with Agricultural Sustainability and Economic Resilience
Nature Sustainability | Apr. 21 | Community Development | Economic Development | Energy Finance | Food Systems Finance | Green Finance | Water Finance

Nevada SSBCI Funds Back AI Startup Streamlining Energy Project Development
Las Vegas Sun | Apr. 19 | Access to Capital | Energy Finance | Infrastructure Finance | State Small Business Credit Initiative (SSBCI)

Missouri Expands Statewide Entrepreneur Support with $2.9M in SSBCI Funds
Ozark Radio News | Apr. 18 | Access to Capital | State Finance Program | State Small Business Credit Initiative (SSBCI)

Washington State Department of Commerce Breaks Ground on 244 New Affordable Housing Units
Washington State Department of Commerce | Apr. 18 | Housing Finance


National Sponsor Spotlight

KeyBanc Capital Markets KeyBanc Capital Markets
KeyBanc Capital Markets, headquartered in Cleveland, Ohio, is a full-service investment banking firm serving issuers of tax-exempt debt for over 40 years. The Public Finance Municipal Banking Group operating out of offices in Cleveland, Chicago, New...
Kutak Rock LLP Kutak Rock LLP
Kutak Rock LLP is a national law firm of more than 500 lawyers with offices from coast to coast. Their firm serves local, regional, and national clients in a practice that spans a wide range of disciplines. They encourage their attorneys to take...
McGuireWoods McGuireWoods
With 1000 lawyers and 21 strategically located offices worldwide, McGuireWoods LLP uses client-focused teams to serve public, private, government, and nonprofit clients from virtually every area of the law. To complement their services, they offer...

CDFA Bookstore

Cover thumbnail Tax Credit Finance Reference Guide
The Tax Credit Finance Reference Guide provides an exploratory overview of how communities can use tax credit finance programs to support economic growth. This guide examines how to effectively apply tax credits to development opportunities, and explains the basics of tax credits and the fundamentals of using these tools.

New Members

Access Foundation Corp - St George, UT

City of La Crosse - La Crosse, WI

Pacific Northwest Tribal Lending - Bellingham, WA

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 about CDFA, visit www.cdfa.net or e-mail 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
Become a Sponsor