During this installment of the CDFA // BNY Mellon Development Webcast Series, development finance practitioners highlight the variety of finance tools available for supporting affordable housing projects and discuss best practices for deploying...

The Council of Development Finance Agencies (CDFA) is pleased to announce that Senators Brown (D-OH) and Ernst (R-IA) have introduced the Modernizing Agricultural and Manufacturing Bonds Act (MAMBA) in the U.S. Senate as S. 2723. MAMBA would...

During this installment of the CDFA Food Systems Finance Webinar Series, we explore how programs at the state and federal levels can offer unique financing solutions and catalyze investment in local and regional food systems.

State Small Business Credit Initiative (SSBCI) credit support programs present an opportunity for community development financial institutions (CDFIs) to expand their lending to eligible small businesses, including to underserved small businesses...

This publication uses data from the 2022 Small Business Credit Survey (SBCS) to examine startup firms owned by people of color (that is, firms owned by people of color that launched in 2020 or later).

CDFA hosted an information briefing to discuss the Greenhouse Gas Reduction Fund's Clean Communities Investment Accelerator Competition. Speakers discussed eligibility under the competition and how to complete an intent to apply form.

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, panelists discuss rating agency trends and take a look at new initiatives being implemented that improve municipalities' bond ratings to attract new economic...

The “Reframing Farmland as an Investment: A Compelling Opportunity in an Inflationary Environment” report explains why interest in the farmland asset class has never been higher - from historically being one of the most stable asset classes...

The BlueGreen Alliance Foundation researched state Qualified Allocation Plans (QAPs) and developed this report to encourage states to learn from each other and improve efficiency, health, and equity in housing and create good jobs. These findings...

The California Association for Local Economic Development (CALED) created a technical committee on tax increment financing (TIF) to share knowledge and resources to help communities leverage these tools. This primer was prepared by CALED’s technical...

The Council of Development Finance Agencies (CDFA) is excited to announce that the Tucson Industrial Development Authority and the Development Finance Agency of Summit County, have begun active lending within the CDFA Equitable Capital Loan...

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, development finance professionals share creative financing approaches that are being used to reinvest in main street communities around the country.

During this installment of the CDFA Tribal Financing Webinar Series, panelists explore how tribal governments are cultivating local food systems with financing solutions that support economic growth and advance community health.

Sovereignty and Indigenous definitions of wealth make up the core values on which Natives have built their economic and financial power. Yet, there is still the issue of economic invisibility for Native Peoples, and one of the ways to combat this is...

This report, published by The Wallace Center, outlines the initial impact of the USDA's Local Food Purchase Assistance Program (LFPA). Through partnerships with state agencies, and territory and tribal governments, this innovative new program is...

CDFA is building a national coalition of public, quasi-public, and nonprofit community lenders to apply for the Greenhouse Gas Reduction Fund's Clean Communities Investment Accelerator Competition. We want your organization to be a part of it! Join...

During this installment of the CDFA Food Systems Finance Webinar Series, we highlight unique financing structures that drive food systems investment within a geographic footprint.

This Tribal Recovery Report is authored by the Office of Tribal and Native Affairs within Treasury. It features innovative projects and services planned or underway by Tribal governments and funded by SLFRF to support the well-being of Tribal...

During this installment of the CDFA-Bricker Webinar Series, speakers provide insights on the recent advancements in C-PACE financing such as recent state legislative activity, along with innovative market-based solutions throughout all segments of...

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, panelists demonstrate how investment in affordable housing advances equitable economic development with a discussion of innovative financing approaches that can...

On June 15, 2023, the U.S. Department of the Treasury released revised State Small Business Credit Initiative (SSBCI) Capital Program Policy Guidelines. The revisions concerned the requirements applicable to refinancing transactions by new lenders.

The U.S. Department of the Treasury released the State Small Business Credit Initiative (SSBCI) Technical Assistance (TA) Grant Program Reporting Guidelines. This guidance details the reporting and document-retention requirements for jurisdictions...

The U.S. Department of the Treasury updated the Fact Sheet for the State Small Business Credit Initiative (SSBCI). The updated sheet includes information about program design, implementation status, and capital program spotlights.

CDFA's key legislative issue--The Modernizing Agricultural and Manufacturing Bonds Act (MAMBA)--was introduced with bipartisan support in the U.S. House of Representatives on June 1. In this legislative briefing, CDFA's Eric Silva and Mitchell Smith...

Congratulations to Brendan Barry, Coordinator, Research & Technical Assistance for the Council of Development Finance Agencies, the newest graduate of the prestigious Development Finance Certified Professional (DFCP) program! Mr. Barry joins the...

CDFA's Modernizing Agricultural and Manufacturing Bonds Act was introduced as H.R. 3787 in the U.S. House of Representatives with bipartisan support by Rep. LaHood (R-IL), Kildee (D-MI), Feenstra (R-IA), and Evans (D-PA).

Standing at the intersection of real estate ownership and business ownership, the real estate development industry has the potential to be a powerful engine for Black and Hispanic Americans to build wealth. This report presents the findings of...

Real estate is the largest source of asset-based wealth and opportunity for American families, and yet Black and other communities of color are systematically marginalized in renting, owning, and financing real estate. In addition to facilitating...

Funding Sources for Food-Related Businesses includes sources of local, regional, and national finance opportunities that may be available to producers, distributors, food hubs, and food-related businesses. Initially informed by a list of funding...

Financing from the federal New Markets Tax Credit Program enabled the Red Lake Nation to expand and upgrade its main grocery and retail hub, the Red Lake Trading Post, in northern Minnesota. In addition to the deli and cafe sections pictured here,...

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, presenters share how charter schools are partnering with private entities to use bond finance and public-private partnership approaches to better provide the...

The Council of Development Finance Agencies is honored to announce the 2023 class of the Caren S. Franzini Fellowship which includes four outstanding development finance professionals. The Caren S. Franzini Fellowship was established in 2017 by the...

The Lac Vieux Desert Band of Lake Superior Chippewa Indians is responsible for delivering high-quality public services and investing in new business opportunities for its community. The band used New Markets Tax Credits (NMTC) to finance this...

The New Markets Tax Credit (NMTC) Native Initiative is the next step in broadening the on-ramp to the NMTC Program. The goal of the NMTC Native Initiative is to increase NMTC investments in Federal Indian Reservations, Off-Reservation Trust Lands,...

During this installment of the CDFA Tribal Financing Webinar Series, development finance experts highlight a variety of finance programs that are helping to increase access to capital for new and existing small business owners.

The U.S. Department of the Treasury updated the State Small Business Credit Initiative Technical Assistance Grant Program FAQs on May 9, 2023.