This white paper, authored by three researchers at Drexel University's Nowak Metro Finance Lab, argues that to drive a recovery that expands opportunity and innovation, local leaders would be well put to think about ways they can maximize SSBCI...

This playbook provides concrete guidance on how to implement a community-rooted approach to economic inclusion—one that can build wealth within underinvested communities, while reducing economic inequities within entire cities by connecting more...

Baker Tilly is sharing their inaugural Wisconsin TIF Data Book. This report summarizes key metrics, trends and insights on Tax Increment Financing (TIF) in this state. TIF is the most powerful economic development financial tool for Wisconsin...

Automation, shifting demographics, COVID-19 and increased telework opportunities are reshaping the workforce landscape amid shifting industry needs. Counties, through local and regional partnerships and workforce development boards, are working with...

Could Federal Reserve dollars from the American Rescue Plan be used to support employee ownership? If capital were to flow in larger amounts to employee ownership, where should it flow? To what industries? How much capital could actually be...

Albuquerque Economic Development has embraced the critical need for developing a strategy not only to drive recovery in the region, but to ensure that it does not again find itself left behind as it was following the Great Recession. The 2021...

In this installment of the CDFA Food Systems Finance Webinar Series, we explored how tech innovations are increasing access to financing for food-related businesses and projects, and how finance is supporting the integration of new technology in...

In this publication, the Center for Community Investment uses six case studies of successful climate resilience investments to surface a set of common strategies that take aim at the systems underlying the inequitable distribution of risk. Together,...

Through data analysis supported by stakeholder interviews and case studies, this research from the National League of Cities identifies factors that support local engagement in regional economies, how these factors vary for urban and rural places,...

The federal Brownfields Tax Incentive was established by Congress in 1997 and was in place for 14 years but was not renewed by Congress in 2012. The report sponsors are concerned that there was insufficient information about the outstanding success...

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, experts explain how rural communities can embrace the challenges of financing high-speed internet for the economic and societal gains provided by broadband.

This guide was created by the USDA in 2021 for community leaders and other local entities. The guide highlights four key assistance types necessary to building a stronger rural workforce: 1) Workforce development planning; 2) Infrastructure and...

This study examines how housing and in-home supports affect public spending on individuals with chronic mental illness in Maricopa County, Arizona. It does so through a comparative analysis of average costs per person per year across three housing...

The Council of Development Finance Agencies and its SSBCI Coalition provided comments in response to the U.S. Department of the Treasury's Notice and Request for Information — State Small Business Credit Initiative (RFI) on June 1, 2021. Detailed...

This report outlines a comprehensive approach, which is called “entrepreneur-led economic development”. The goal is to create feedback loops between entrepreneurial leaders and other local decision-makers and to cultivate networks that connect...

Recognizing the urgency of the pandemic and related crises, on June 7, 2021, the Federal Reserve Bank of New York approached the U.S. Impact Investing Alliance to write a report about the current landscape of capital sources for community investment...

The USDA Rural Development published a final rule outlining changes to the Rural Microentrepreneur Assistance Program (RMAP) on June 7, 2021. The program provides loans and grants to microenterprise development organizations to help them establish...

This paper considers the role of TCUs and in particular the role of TCU curriculum in business development and entrepreneurship in tribal areas. We utilize existing data on TCU curriculum and tribal area characteristics and consider whether and to...

Treasury invites the public to comment on the SSBCI program design and implementation in order to support new and existing small businesses. Responses may be used by Treasury to assist in developing program design and guidance. Responses may also be...

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, presenters discussed how energy and water finance programs can be positioned to meet community infrastructure needs and support efficient resource use while also...

This blog post from the Federal Reserve Bank of St. Louis discusses changes to the newly reauthorized State Small Business Credit Initiative, including funding targeted to businesses owned by socially and economically disadvantaged individuals.

The Resilience in New Mexico Agriculture Strategic Plan provides broad recommendations are coupled with specific, actionable strategies. The implementation of this plan is critical to achieving greater agricultural and natural resource resiliency,...

After the American Rescue Plan Act was signed into law by President Biden on March 11, 2021, it guaranteed direct relief to all 19,000 cities, towns, and villages in the United States. NLC has identified frequently asked questions about the...

Federal economic adjustment assistance (EAA) programs were established, in part, to help workers adjust to these economic disruptions. Experts in the GAO's roundtable identified a range of challenges to using EAA programs to effectively respond to...

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 CRS report examines the SSBCI program and its implementation, including Treasury’s response to initial program audits conducted by the U.S. Government Accountability Office and Treasury’s Office of Inspector General. These initial audits...

During this installment of the CDFA Food Systems Finance Webinar Series, we explored how investing in food-centered redevelopment can restore local food systems infrastructure, catalyze additional neighborhood development, and protect healthy,...

The Urban Institute hosted this discussion about how small businesses are faring one year after the start of widespread economic shutdowns due to the pandemic. The webinar explored the disconnect between the fall in business activity and revenues,...

This report from Drexel University's Nowak Metro Finance Lab provides a guide to federal funding in the American Rescue Plan (ARP). The authors place a special emphasis on formula funds received by local anchors, competitive grants, and funds...

This table includes all the federal-to-local funding streams in the American Rescue Plan that reach cities and their residents. It does not include appropriations to Tribal Governments or Agency appropriations focused on program operations at the...

SSBCI was signed into law as part of the American Rescue Plan Act of 2021. CDFA hosted this National SSBCI 2.0 Call serving as an interface between Treasury and stakeholders during the rulemaking process. On March 26, 2021, we discussed insights and...

During the first installment of the CDFA Rural Development Finance Webinar Series, hear about a new technical assistance program from CDFA designed to support rural communities that have recently experienced a natural disaster. Experts discussed the...

The Plan estimates that additional public and philanthropic investment is needed over the next ten years: approximately $9.7 million in one-time funding and $23.3 million in recurring funding. This level of funding will ensure sufficient land access...

Food Forward NYC is the City’s first ever 10-year food policy plan, laying out an ambitious interagency policy framework to reach a more equitable, sustainable, and healthy food system by 2031. The success of this plan depends on the partnership of...

The federal programs and tools available today to help generate social and economic development in rural communities serve as a reminder of active and broad federal involvement in the 20th century, and the possibilities for federal leadership to...

SSBCI was signed into law as part of the American Rescue Plan Act of 2021. CDFA hosted this National SSBCI 2.0 Call with interested stakeholders on March 11, 2021, to discuss SSBCI 2.0. We discussed key SSBCI 2.0 questions and timelines. We also...

This presentation from the EDA discusses Revolving Loan Fund de-federalization and implementation of the RLF Act passed in late 2020.

This is an Opportunity Zone Investment Guide for the City of Winooski, Vermont.

This is an Opportunity Zones prospectus for Brattleboro, Vermont. It was authored in partnership with the Brattleboro Development Credit Corporation.

This is an Opportunity Zone Prospectus for the city of Lyndon, Vermont.

This is an Opportunity Zone Prospectus for Newport, Vermont.

The New Partnership on Infrastructure seeks to advance national policies driven by local innovation, with cities serving as testbeds for experimentation and transferable solutions. This document champions that idea. It is a summation of local...

This CDFA Legislative Briefing took place on February 17, 2021. Topics discussed included re-introducing the Modernizing Agricultural and Manufacturing Bonds Act (MAMBA) and the State Small Business Credit Initiative (SSBCI) along with the latest...

This interactive data tool from the Federal Reserve Bank of St. Louis shows total SSBCI investments, percent of investments in LMI and rural areas, investments by MSA, investments by loan programs, CDFIs, and more.

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, we explored the landscape of the hospitality industry (large and small) and what is being done to ensure the industry may stay afloat.

The following questions and answers document describes actions that can be taken by HUD and communities to assist Section 108 business borrowers experiencing economic distress as a result of coronavirus.

Throughout the CDFA EDA RLF Best Practices Program, several common characteristics emerged from high performing RLFs. The best practices outlined in this guide synthesize these exceptional traits and address the strategies employed by successful EDA...

This tactical guide is designed to help city economic development leaders support minority- and women-owned (MWBE) and low-to-moderate income (LMI) small businesses in their communities by providing case-tested programs and strategies that can be...