On September 21, 2022, the U.S. Department of the Treasury issued this updated FAQ documents for the State Small Business Credit Initiative (SSBCI).

This document outlines the U.S. Department of the Treasury's State Small Business Credit Initiative (SSBCI) Frequently Asked Questions which were updated on July 25, 2022.

The U.S. Department of Treasury announced an additional group of nine state plans approved under the State Small Business Credit Initiative (SSBCI). Treasury has approved more than $1.5 billion in funding to promote small business growth through...

This table presents the SSBCI programs that States, the District of Columbia, and territories have proposed to Treasury. Treasury is currently reviewing applications and all data presented is subject to change.

The questions in this document were asked by participants during CDFA’s May 26, 2022 SSBCI Briefing on the Technical Assistance Grant Program Guidelines.

The mission of the CalCRG program is to advance health, wellness, and economic justice for populations and communities harmed by the WoD. Local Health Departments and Community-based Nonprofit Organizations may apply for grants from the CalCRG...

CDFA and guest speakers from The Choctaw Nation and gener8tor held this webinar on March 11, 2022 for a discussion on how Tribal Governments can utilize the State Small Business Credit Initiative (SSBCI) program. During this webinar, CDFA provided...

The California Public Banking Alliance (CPBA) is a coalition of public banking activists in California founded in 2018 to create socially and environmentally responsible city and regional public banks. Since the passage of AB 857, multiple local...

The deadline for Tribal governments to submit a notice of intent (NOI) to apply for SSBCI funds was December 11, 2021. This document includes the list of Tribal governments that submitted an NOI by this deadline. In addition to submitting an NOI,...

States across the country are starting to gather data and use evidence to systematically evaluate tax incentives. To illustrate what sort of evaluations states are conducting, NCSL created a database of state tax incentive evaluations. Evaluations...

CDFA hosted this public briefing on November 22, 2021 to provide an overview of the new SSBCI Capital Program Policy Guidelines as well as application timelines and requirements. CDFA along with representatives from Treasury discussed key provisions...

This November 2021 Fact Sheet from the U.S. Department of the Treasury discusses the five types of SSBCI programs. The programs available under SSBCI are 1) Venture Capital Programs, 2) Loan Participation Programs, 3) Loan Guarantee Programs, 4)...

To achieve the broader range of positive impact possible with place-based investments, policymakers at all levels should take an integrated approach to transformative placemaking, which enables them to design their strategies and evaluate their...

Federal, state, and local policies profoundly affect nearly every aspect of American neighborhoods, including their economic vitality, their shape and form, their social fabric, and their forms of self-governance. The conditions facing American...

The Michigan Economic Development Corporation’s (MEDC) focus on direct community investment is unique among its state-level peers. A strategy of MEDC Community Development Incentives (CDI) Programs is to identify and actualize place-based investment...

The Vermont Bond Bank (“Bond Bank”)'s infrastructure data portal is designed for policymakers and Vermonters to understand social and physical infrastructure trends in the state’s communities. The data included in the portal represents a multi-year...

These are the slides from the Coalition for Green Capital's virtual presentation, "The Case for the Clean Energy and Sustainability Accelerator".

This study from the Pew Charitable Trusts posits three key ingredients that are necessary for effective broadband expansion efforts. Research shows that states are more likely to successfully achieve broadband access goals when they 1) have a...

This chartbook compares the breadth of general sales and excise tax bases across the states. It categorizes detailed personal consumption expenditures (as measured in the Bureau of Economic Analysis National Income and Products Accounts) by their...

The Idaho Collateral Support Program (CSP) provides qualified small businesses with additional loan collateral necessary for a lender to grant the loan. The CSP was funded through the federal State Small Business Credit Initiative (SSBCI) program....

This dataset, compiled by the Urban Institute, examines the economic factors driving state tax collections during the COVID-19 pandemic based on data from US federal agencies like the Bureau of Economic Analysis, Bureau of Labor Statistics, and...

The Economic Development Partnership of North Carolina published this business relief resources document with FAQs and links to important resources for North Carolina business owners.

CALED knows from its work supporting economic development throughout California that infrastructure financing is a challenge for many rural communities. CALED collaborated with CDFA to develop this guidebook to meet the need for a resource to help...

In 2019, the Governor signed House Memorial 16 directing the Economic Development Department (NMEDD) to bring together stakeholders and convene an Economic Development Innovation Task Force to spur collaboration and innovative discussions on methods...

This report provides financing strategies for the redevelopment of One Monument Square in Troy, NY.

In 2011, Governor Cuomo created ten Regional Economic Development Councils (REDC) and the Consolidated Funding Application (CFA) to advance the administration’s efforts to improve New York’s business climate and expand economic growth. This 2019...

U.S. farmers are currently facing the most difficult agricultural economy since the 1980s. At the same time, many states are wrestling with the necessity of addressing environmental challenges. This report expounds upon the excellent work states are...

Whether it is supporting small businesses, investing in historic buildings, or repairing aging infrastructure, Main Street communities need access to capital in various forms. Small downtowns and commercial districts contain a myriad of uses and...

Memorandum of Understanding between the United States Environmental Protection Agency and the Department of Homeland Security Federal Emergency Management Agency Regarding Coordination between EPA and FEMA Pertaining to State Revolving Fund...

During this installment of the CDFA // BNY Mellon Webcast Series, Lamont Price with the Tennessee Department of Economic and Community Development, Teela Spiller with the Atlanta Micro Fund, and Eric Clement with the NYCEDC highlighted several...

This Congressional Research Service (CRS) In Focus outlines the structure, activities, and recent funding, for each Federal Regional Commission or Authority.

Building on earlier research by The Pew Charitable Trusts, this report identifies best practices for effectively evaluating tax incentives. Specifically, Pew recommends that states take three steps: make a plan, measure the impact, and inform policy...

In this annual report, the Idaho Department of Commerce has assembled an FY2018 (July 1, 2017 - June 30, 2018) agency update complete with program reports, grant information, and highlights of the impacts these projects have on Idaho’s economy and...

The Washington State Department of Commerce authors this biennial report on its Bond Cap Allocation Program for the state's legislature. This is the report for 2018.

During this installment of the CDFA // BNY Mellon Webcast Series, Nathan Rosenberg with The Broadband Group and Gregory Dunn with Ice Miller LLP presented some of the various financing options & ownership structures available to communities to...

The D.C. Chief Financial Officer's Office is required to review all D.C. tax expenditures (such as abatements, credits, and exemptions) on a five-year cycle. For the FY2017 report fulfilling the requirement, the Office of Revenue Analysis (ORA)...

This report, produced by The PEW Charitable Trusts, examines how state governments can find solutions to policies that undermine opportunities for investment and job creation when businesses spend too much time or money on inefficient regulatory...

South Carolina Jobs-Economic Development Authority Brochure on Industrial Development Bond Financing Program.

This policy brief lays out a plan of action for states to realize the full economic and social potential of this unique tax incentive. States can play multiple roles to enhance the attractiveness of Opportunity Zones for market capital and ensure...

Victor Narusis with the Illinois Department of Commerce and Economic Opportunity discusses selected finance and assistance programs in the State of Illinois.

Jessica Botelho of Community Capital Management discusses the uses for the Community Reinvestment Act in North Carolina.

Charles Bartsch authored this paper as part of projected funded by the Brookings Institution. This paper provides an overview of the brownfields challenge in Pennsylvania and makes a series of recommendation to build upon the success of the...

Crowdsourcing.org defines crowdfunding as “the use of small amounts of capital from a large number of individuals to finance a new business venture.” This financing mechanism has become immensely popular with entrepreneurs and small businesses as...

NCOSAFP & CDFA are proud to release the 2017 State by State Agricultural Loan Programs Directory. The CDFA and NCOSAFP partnership aims to raise awareness within the development finance and agricultural industries of the agricultural finance...

In August, the Kentucky Energy and Environment Cabinet announced three grants worth $5 million to spur economic development and job creation in Eastern Kentucky. How might these grants be used locally and are there opportunities for leveraging this...

Sarah Butler from the Commonwealth of Kentucky discusses the latest matters related to economic development in Kentucky, along with a variety of financing programs available from the state. This material explores the economic development finance...

Geoff Urbina and Cynthia Weed discuss how bonds can be used today to provide a significant portion of a project's capital stack with a special focus on bond financing programs in Washington.

Brendan Hefty with Hefty Wiley & Gore discusses the latest development finance legislation and their potential effects on the economic development industry. Of special focus is the fate of various proposals and the latest from Richmond and...

Just as infrastructure development acts as a catalyst for economic growth, it is also changing the landscape for potential investors and the expanding field of infrastructure finance. Infrastructure systems for transportation, utilities, and public...

Debra Tropp from the USDA introduces a new publication from the Federal Reserve Bank of St. Louis and the Board of Governors of the Federal Reserve System and USDA entitled Harvesting Opportunities: The Power of Regional Food Systems Investments to...