This guidebook is a roadmap to the funding available under the Bipartisan Infrastructure Law. It explains, in as much detail as currently available, how much funding is available at the program level. The primary goal is to help partners across the...

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...

The Coronavirus State and Local Fiscal Recovery Funds (SLFRF), a part of the American Rescue Plan, delivers $350 billion to state, local, and Tribal governments across the country to support their response to and recovery from the COVID-19 public...

The Secretary of the Treasury (Treasury) is adopting as final the interim final rule with amendments. This rule implements the Coronavirus State Fiscal Recovery Fund and the Coronavirus Local Fiscal Recovery Fund established under the American...

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.

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

The Infrastructure Investment and Jobs Act (the “Act”) adds two categories of tax-exempt bonds that may be issued for exempt facilities and increases the amount of tax-exempt bonds authorized to be issued for one existing category of tax-exempt...

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...

Using data from the National Housing Preservation Database (NHPD), this report focuses on the challenge of preserving the federally assisted housing stock in the face of the national affordability crisis and chronic underfunding for housing programs.

SSBCI 2.0 is an ambitious renewal (and dramatic scaling) of an Obama-era small business program that poses unique opportunities and challenges to our nation’s capital delivery systems. This resource outlines three strategies for deploying SSBCI 2.0...

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.

It has been approximately 10 years since the first PACE programs began. During this workshop, our speakers provided insights related to expanding PACE assessments to benefit buildings and properties for other non-energy related improvements such as...

The U.S. Department of Commerce’s Minority Business Development Agency (MBDA) awarded $3.9 million in federal funding to thirteen grant recipients to establish MBDA American Indian, Alaska Native, and Native Hawaiian (AIANNH) projects. To support...

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...

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

Tulsa Remote, one of the nation’s first and largest remote worker relocation initiatives, has brought more than 1,200 remote workers to the city since 2018 by offering a $10,000 grant and additional support services to eligible workers who move to...

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)...

This is the fiscal year (FY) 2021 report to Congress on the financial health of the Federal Housing Administration (FHA) Mutual Mortgage Insurance (MMI) Fund. The MMI Fund supports FHA’s Single-Family mortgage insurance programs.

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.

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...

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.

This report is a blueprint to renew New York. It includes actionable ideas from over 175 New Yorkers—including small business owners, company CEOs, labor leaders, community advocates, nonprofit practitioners, artists, college presidents, and former...

This GAO report describes the process for designating census tracts as Opportunity Zones and compares characteristics of designated and non-designated tracts; describes Qualified Opportunity Funds' experiences with and states' views on the tax...

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 Kinder Institute Local and Regional Infrastructure Database contains more than 1,800 planned infrastructure projects identified by surveying local and regional leaders, reviewing capital investment documents, and using other sources. This...

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...

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...

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...

This notice provides information regarding the requirements and timeline for applications for SSBCI funding. As described below, applications for SSBCI capital programs must be initiated by December 11, 2021, and be completed by February 11, 2022;...

Many economic development organizations (EDOs) have embraced the mission to support entrepreneurial firms in their communities. EDOs engage in their entrepreneurial ecosystems, in part, by providing resources, sometimes in the form of business...

Now that the PACE marketplace has been “built,” how does it become mainstream so that all property owners know about PACE? This workshop explored proven methods for marketing and selling PACE to contractors, economic development agencies, commercial...

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...

This framework for green infrastructure can help the City of New Orleans take a quantum leap forward by inspiring innovation and proactively using public funding to stimulate private investment. The Resilient New Orleans Finance Plan will serve as...

Novogradac conducted an analysis of the private activity bond (PAB) financed by test for low-income housing tax credits (LIHTCs). The analysis determined that lowering the financed by test for PAB test from the current law threshold of 50 percent to...

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...