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...

Capital budgets and improvement plans present exceptional opportunities for governments to drive equitable outcomes in municipalities, particularly when budgeting for recovery. The significant spending power authorized through capital budgets –...

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...

This interactive app from the Urban Institute allows users to explore the latest employment data in all 50 states.

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...

This EIG report, interactive map, and case studies illustrate increasing wealth concentration in the U.S. and the urgency of forging new pathways that allow more Americans to have a substantial ownership stake in the wealth created by the U.S....

The Governor’s 2021‑22 May Revision budget proposes $36 million General Fund to pay the first, partial payment on the state’s outstanding federal Unemployment Insurance (UI) loan and proposes to direct $1.1 billion in federal American Rescue Plan...

America’s rural workforce provides a vital foundation for the nation’s economy. Rural America supplies the nation’s food and energy resources, and the fiber necessary for goods and manufacturing. As USDA continues to respond to the COVID-19 pandemic...

This MSRB study examines the taxable bond market through the lens of the COVID-19 pandemic. It examines taxable bond issuance volumes during the pandemic and compares them to levels seen during the Build America Bonds program. In many cases, taxable...

This FHWA webinar discusses how municipal bonds and debt can be used as a value capture strategy for highway-related projects. The webinar is intended for professionals from States, cities, counties, Tribes, and metropolitan and rural transportation...

This FHWA webinar discusses how infrastructure banks tie into value capture strategies for highway-related projects. The webinar is intended for professionals from States, cities, counties, Tribes, and metropolitan and rural transportation agencies...

This FHWA webinar discusses how public-private partnerships (P3s) can be leveraged as a value capture strategy for highway-related projects. The webinar is intended for professionals from States, cities, counties, Tribes, and metropolitan and rural...

This FHWA webinar discusses how Tax Increment Financing (TIF) can be utilized as a value capture strategy for transportation projects. The webinar is intended for professionals from States, cities, counties, Tribes, and metropolitan and rural...

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...

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...

San Diego County Food Vision 2030 holds a unique opportunity to build a better and stronger food system for all San Diegans, one that prioritizes health, sustainability, and justice. This ten-year plan provides our region with a clear pathway to...

This is the first State of the Market Report for North America. This report describes the shape and size of labelled green, social and sustainability (GSS) debt issued by entities domiciled in either the USA or Canada extending to the end of March...

Using a novel data set on municipal private debt disclosures, the authors of this academic research study the effectiveness and market impact of disclosure regulation in the municipal debt market. By comparing reportable private debt events to the...

The Wichita-Sedgwick County Master Food Plan was created from the energy, hard work, and input of our community. The over-arching goals in this plan are to: foster food system coordination and education; improve access to healthy food; and increase...

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,...

This research from Fitch Ratings examines how the COVID-19 pandemic has complicated housing affordability. Issues that led to the persistent housing unaffordability preceded COVID-19. The pandemic caused an economic contraction felt among millions...

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 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...

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...

During this installment of the CDFA Rural Development Finance Webinar Series, learn about essential financing sources employed by rural communities to complete projects in today’s economy.

The Biden-Harris Administration is proposing a bold investment in America's housing infrastructure to make housing more affordable for working and middle-class families. The American Jobs Plan pairs $213 billion in direct funding with more than $100...

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...

A new report from economists at the University of California Berkeley provides the first real evidence of OZ investment captured in 2019. Approximately $18.9 billion of aggregate OZ investments occurred that year representing nearly 2,500...

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.

This is an Opportunity Zone Prospectus for the County of San Bernardino, California. It was produced through collaboration between San Bernardino County and Local Equity LLC.

The American Rescue Plan Act of 2021 (ARP) provides local governments with an unprecedented opportunity to access federal funding to support community priorities. The ARP includes direct funding (known as Fiscal Recovery Funds) to state and local...

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...

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...

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....

The Center for Regional Economic Competitiveness and Smart Incentives have produced a series of reports for the State Economic Development Executives network over the past year providing guidance on critical issues and trade-offs to help state...

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 Made in America Tax Plan Report describes President Biden’s Made in America tax plan, part of the newly announced American Jobs Plan. Importantly, this tax plan would generate new funding to pay for a sustained increase in investments in...

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...

This excel sheet from the CDFI Fund contains transaction-level data collected on New Markets Tax Credit (NMTC) investments across the nation from fiscal years (FY) 2003 - 2019.

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...

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...