-Overview
The Intro Revolving Loan Fund Course offers an in-depth look at RLF program development, implementation, and management. This course demonstrates how an RLF program can complement your economic development strategy, encourage investment, and assist traditionally underserved businesses.
During this course, attendees learn the essential elements needed to operate a successful RLF program and discuss programs making a difference in communities nationwide.
This course qualifies for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Join us online and start down the road to personal and professional advancement today.
Register
Course Objectives
- Learn about how RLFs complement and enhance an economic development strategy
- Interact with leaders in the revolving loan fund industry
- Discuss best practice principles for sound RLF management
- Dissect a loan process from start to finish
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Topics Covered
- How RLFs enhance your economic development strategy
- How to design and establish an RLF
- How to manage, market, and promote an RLF program
- The decision-making process
- Pre- and post-loan closing
- What to do when the deal goes bad
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Who Should Attend?
- Loan fund managers
- Economic development professionals
- Community development professionals
- Elected officials
- Government and nonprofit finance officers
- Corporate trustees
- Legal counsel
- Underwriters
- Commercial bankers
- Accountants
- Financial advisors
- Policymakers
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Course Advisor
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Toby Rittner
Council of Development Finance Agencies
President & CEO
Toby Rittner is the President & CEO of Council of Development Finance Agencies (CDFA), a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation’s leading and most ... knowledgeable members of the development finance community representing hundreds of public, private and non-profit development finance agencies. Mr. Rittner runs the day-to-day operations of the Council including the organization’s various educational, advocacy, research, resources, and networking initiatives. He also serves as the Chairman of the Board of Directors for the CDFA Foundation.
Rittner is one of the most vocal and recognized leaders of the development finance industry nationwide and has advised local, state, and federal leaders, including Presidents Biden and Obama, on economic development finance policy. Through his leadership and guidance, CDFA was successful in preserving private activity bonds and other critical development finance tools during the 2017 tax reform deliberations and has had numerous pieces of legislation introduced in the United States Congress. In 2021, Rittner successfully led a national effort to reauthorize and fund the $10B State Small Business Credit Initiative (SSBCI) program as part of the American Rescue Plan Act. He has written and crafted dozens of strategic finance plans for development finance agencies and advised communities throughout the world on development finance approaches.
Rittner focuses on sustainable finance with an emphasis on infrastructure, clean energy, food systems, small business, and innovations in the development finance industry to drive sustainable outcomes. He has written extensively about impact ready initiatives that leverage and engage capital in ways that drive local sustainability in business and industry and the environment and economy.
Rittner is a frequent speaker at local, state, and national conferences and events focused on economic development finance. He has been featured in The Bond Buyer, Wall Street Journal, Bloomberg, NPR and other national media publications concerning the advancement of development finance tools. He is the author of CDFA's highly acclaimed Practitioner's Guide to Economic Development Finance and co-author of CDFA's Unlocking Capital: A Handbook for Becoming a High Performing Development Finance Agency.
Rittner is an adjunct faculty member at The Ohio State University and Carnegie Mellon University. He is also a Development Finance Certified Professional (DFCP) and has completed the prestigious Oxford University Sustainable Finance Foundation Course.
Mr. Rittner previously served on the U.S. Environmental Protection Agency’s Environmental Financial Advisory Board and is a member of the Advisory Board for the National Community Fund I. Mr. Rittner holds a Bachelor of Arts in Political Science and a Master's of City and Regional Planning degree from The Ohio State University. Mr. Rittner was awarded the Ohio State University College of Engineering Distinguished Alumnus Award in 2016. (More)
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Jennifer Tewell
Council of Development Finance Agencies
Director, Knowledge & Networks Division
Jennifer Tewell is Director of Knowledge & Networks at the Council of Development Finance Agencies (CDFA). She leads the strategic direction and operations of the CDFA Training Institute, advancing CDFA’s mission to provide education, connection, ... and capacity-building opportunities across the development finance industry.
Before joining CDFA in 2025, Jennifer spent over a decade in nonprofit strategy, community engagement, and organizational development, most recently as Community Engagement Manager at the IFS Institute, where she expanded access and strengthened global partnerships. Jennifer holds a Bachelor’s in Organizational Communication and a Master’s in Social Work from Louisiana State University. (More)
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-Agenda
Friday, August 28, 2026
| Fri 11:00 AM - 11:10 AM |
Welcome and Overview
Welcome to the course! This session will introduce CDFA, explain how to use the online software, and discuss the framework for the Intro Revolving Loan Fund Course.
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| Fri 11:10 AM - 12:35 PM |
Understanding and Designing a Revolving Loan Fund
This session will introduce the basic structure and purpose of revolving loan funds and how they support economic development goals. We’ll also discuss how to design an RLF based on your community’s needs and funding sources—highlighting how to identify lending gaps, set priorities, and align with program parameters.
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| Fri 12:35 PM - 12:45 PM |
Break
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| Fri 12:45 PM - 1:45 PM |
RLF Management, Marketing, and Operations
Managing a successful RLF takes clear policies, thoughtful oversight and strong outreach. This session will cover the core elements of RLF operations including developing a policy manual, working with a Loan Review Committee, effectively marketing your program and building partnerships that help you reach the right borrowers.
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| Fri 1:45 PM - 4:00 PM |
RLF Process, Pre- and Post-Loan Closing and Managing Non-performing Loans
From analyzing loan applications to navigating challenges when deals don’t go as planned, this session walks through the full RLF lending process. We’ll explore program and project analysis, financial underwriting, and how to prepare for loan committee decisions. The session also covers what happens after the loan is approved including documentation, servicing, and steps to take when a borrower runs into trouble.
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| Fri 4:00 PM - 4:10 PM |
Break
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| Fri 4:10 PM - 4:55 PM |
Innovative RLFs
During the last session of the course, representatives from innovative RLF programs will explain their operations, philosophies, and lessons learned from years of experience.
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| Fri 4:55 PM - 5:00 PM |
Closing Discussion / Final Questions
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-Location
The Intro Revolving Loan Fund Course will take place on Zoom. The course will meet from 11:00 AM - 5:00 PM Eastern. Attendees must have access to a computer and the internet to attend the course. Please note that this course will not be recorded. |
-Registration
This training course qualifies for the CDFA Training Institute's
Development Finance Certified Professional (DFCP) Program. Start down the road to personal and professional advancement today.
Scholarships are available to attend this event. Learn more about the
CDFA Scholarship Program,
and submit your application today.
Please note that the application deadline is two weeks prior to the course start date.
CDFA permits only one person to log in and participate in the course. If multiple people are accessing the course without paying to attend, we will terminate the connection and access. CDFA offers group discounts for organizations that wish to register multiple people.
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CDFA Member: $500
Non-Member: $825
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CDFA Member: $625
Non-Member: $950
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Register