The Council of Development Finance Agencies (CDFA) and the national State Small Business Credit Initiative (SSBCI) Coalition call on the U.S. Department of the Treasury to fully implement the SSBCI program, and immediately deploy capital to Eligible...

More than two dozen advocates for low-income housing and community investment are sounding the alarm over the global tax deal agreed to by the U.S. and dozens of other countries. The advocates specifically are worried about proposed rules for a...

The U.S. Department of Agriculture (USDA) is partnering with farmer-serving organizations, such as the National Sustainable Agriculture Coalition, and its members to better reach and serve an increasingly diverse farmer and rancher constituency for...

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...

This table provides helpful information regarding the incentive funding related to business enterprises owned and controlled by socially and economically disadvantaged individuals (SEDI). The columns contain the initial eligible amounts of the SEDI...

The Secretary of the Treasury is issuing this interim final rule to institute the reporting requirements related to demographics of those who own or control small businesses that receive a loan, investment, other credit or equity support, or...

The U.S. Department of the Treasury launched a historic demographic information collection effort to measure equity outcomes for small businesses supported by the SSBCI program. The information collected by Treasury will support the program’s...

LISC partnered with Next City to develop a playbook for equitable small business recovery that is tailored to government audiences in different kinds of economic and regional contexts both urban and rural. Drawing on original research and diverse...

The Federal Reserve has created this book to bring together community and economic development researchers, practitioners, philanthropists, and others to showcase the great work happening across this country and to outline a framework for conducting...

The undersigned organizations, including representatives of state and local governments and the affordable housing industry, strongly urge you to adjust the underlying statute of the SLFRF program to facilitate its use with the Low Income Housing...

This policy example outlining an approach for the design and implementation of the proposed Community Restoration and Revitalization Fund (CRRF) is a companion to the report, "A Blueprint for the Next Generation of Federal Place-Based Policy."

This notice solicits applications for Port Infrastructure Development Program grants. Funds for the Fiscal Year (FY) 2022 PIDP grant program will be awarded on a competitive basis to make grants for projects for coastal seaports, inland river ports,...

This is a USDA resource guide to help people in rural America start and grow businesses, create good-paying jobs in their communities and strengthen America’s economy. The guide features information on how rural entrepreneurs can use USDA and other...

This report explores the concepts, practices, challenges, and promise of regional food systems, focusing on the Northeast U.S. as a laboratory for regional food systems thinking and action, but it also describes and gives examples of regional food...

The purpose of the report is to equip value chain actors with innovative financial mechanisms and incentive strategies that can be employed in agricultural sustainability projects to support producers in scaling conservation adoption.

This report — the first in a series between the Urban Manufacturing Alliance (UMA) and The Century Foundation (TCF) — describes the SSBCI program and offers recommendations from the perspective of mission-based lenders and those seeking to support...

CDFA hosted this public briefing on January 20, 2022 to provide an overview and demonstration of the new SSBCI Leverage Ratio Data Table as well as the Enrolled Loan Data Table. CDFA along with representatives from Treasury discussed key provisions...

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,...

U.S. Department of Agriculture announced that the Department is increasing the maximum loan amount to $400,000 under the Intermediary Relending Program. This change is in accordance with provisions in the Agriculture Improvement Act of 2018 (2018...

Transitioning businesses to employee ownership has the potential to significantly reduce the overall wealth gap as well as the racial equity gap. But it will take capital investment to scale.

The purpose of the Affordable Housing Loan Program and Underwriting Guidelines is to describe the Department’s housing policy objectives, the range of programs available to advance these objectives, and the manner in which transactions will be...

On December 15, 2021, the U.S. Department of the Treasury issued this updated FAQ documents for the State Small Business Credit Initiative (SSBCI).

Affordable Housing has been a hot button issue over the last few years with a focus on what percentage of affordable housing should comprise a residential development. This session discussed how various tools such as Low Income Housing Tax Credits...

The Employee Ownership Expansion Network and Ownership America gave this presentation on how the State Small Business Credit Initiative (SSBCI) can be used to promote employee ownership of small businesses.

This brief analyzes U.S. EDA data from 2010 to 2019 to paint a broad picture of the agency’s programs and grantmaking activities. During this period, EDA invested an average of $361 million a year across its programs.

Treasury has posted documents and resources for the 2021 SSBCI program application. An online application portal will become available in the coming days.

This white paper from gener8tor discusses the importance of supporting underrepresented founders and underinvested business sectors (i.e. music, art, child care).

Gener8tor produced this summary/reading guide of the SSBCI guidance that the U.S. Department of the Treasury released on November 10, 2021.

This policy paper from gener8tor outlines how U.S. Treasury’s new models for incubation, accelerators, and early-stage investment work.

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)...

The concept of Smart Cities is no longer brand new, yet most communities are still working to understand what kinds of smart infrastructure they want and need at the local level - and how to pay for it. This installment of the CDFA // BNY Mellon...

CDFA’s analysis of the November 2021 SSBCI Capital Program Policy Guidelines is meant to provide a high-level overview of key provisions and is not comprehensive of all updates and changes to the April 2014 policy guidelines.

This table identifies the funds allocated to states, territories, and the District of Columbia pursuant to the American Rescue Plan's 2021 updates to the State Small Business Credit Initiative. The table has been updated to provide additional...

On November 10, 2021, the U.S. Department of the Treasury issued capital program implementation guidance for the State Small Business Credit Initiative (SSBCI).

On November 10, 2021, the U.S. Department of the Treasury issued capital program implementation guidance for the State Small Business Credit Initiative (SSBCI) as well as this Fact Sheet containing general info on the program.

The Department of the Treasury is extending the Tribal government Notice of Intent (NOI) deadline to apply for SSBCI funds to December 11, 2021, at 11:59 p.m. ET, the same deadline for the initiation of the SSBCI capital application.

The Angel Funders Report 2021, published by the Angel Capital Association, uses verified data provided directly by active angel investing groups. The report is based on information collected from a variety of ACA member groups, including some of the...

The American Rescue Plan Act of 2021 (ARPA) reauthorizes and amends the State Small Business Credit Initiative (SSBCI) Program. ARPA provides a combined $10 billion to states, the District of Columbia, territories, and Tribal governments to help...

Small and midsize cities (SMCs) face multiple challenges including uneven economic growth, growing income inequality, and growing poverty. Uniting community development principles and economic development practice, with a focus on elevating...

In this installment of the CDFA Food Systems Finance Webinar Series, we broke down the real and perceived risks of lending and discussed a variety of affordable financing solutions that are being employed by development finance agencies to invest in...

Together, the U.S. Department of Health and Human Services Administration for Children and Families and the U.S. Department of Agriculture Rural Development mission area have developed this Joint Resource Guide to further our commitment to...

The RISE Miami-Dade Fund (RISE) grew from an idea proposed by a diverse coalition to an effective team delivering technical assistance, advice, and much-needed capital to Miami-Dade County’s hard-to-reach small businesses. This report demonstrates...

This report describes how three CDFIs drive economic growth in low-income and historically marginalized communities through a model defined by the EFOD Collaborative as Equitable Food Oriented Development (EFOD). EFOD is a development approach that...

This Interactive Guide from the National Telecommunications and Information Administration (NTIA) provides an interactive, step-by-step approach for users to filter through more than 90 broadband related programs compiled from 12 federal agencies...

A Playbook for Scaling Latino-Owned Businesses is designed to support the scaling and continued growth of Latino-owned businesses by offering entrepreneur support organizations, financial institutions, and other stakeholders actions they can take to...

This SSBCI fact sheet for Tribal Governments was updated by the Department of the Treasury in August 2021. SSBCI will allocate at least $500 million to Tribal governments. A Notice of Intent to apply for SSBCI funds from Tribal governments is due...

Developed by the Federal Reserve Bank of St. Louis, the newly enhanced Community Investment Explorer (CIE) 2.0 includes over 73 million transactions totaling over $3.2 trillion in community and economic development capital from 2012 to 2020. This...