The Western Reserve Community Fund (WRCF), which is managed by the Development Finance Authority of Summit County (DFA), received official certification as a Community Development Financial Institution (CDFI) from the CDFI Fund, a program overseen by the U.S. Treasury. All
In response to this growing issue the problem of Ohioans in Appalachia without stable internet, Ohio Capital Finance Corporation, with funding support from CareSource, a Dayton Ohio-based multistate nonprofit managed care plan, created the $5 million investment fund, the CareSource
Ohio Capital Finance Corporation (OCCH), in partnership with CareSource, Nationwide Children’s Hospital, Robert Wood Johnson Foundation and Partners For Kids, announced in January a $4 million effort to build and rehabilitate affordable, high-quality rental housing in Columbus.
Healthy Homes, the
Sen. Martin Heinrich, D-New Mexico, Sen. Susan Collins, R-Maine, and 10 other senators have introduced legislation to amend the existing investment tax credit (ITC) law for solar energy to include the deployment of energy storage. The Energy Storage Tax Incentive
The Federal Housing Finance Agency (FHFA) announced the authorization of more than $1 billion in affordable housing allocations to Fannie Mae and Freddie Mac, the largest disbursement in history. HUD’s National Housing Trust Fund (NHTF) will receive $711 million and
The Biden administration unveiled a plan in early March to invest $9 billion in minority communities. The source of funds for the “Emergency Capital Investment Program of the US Treasury Department is funds that were approved in the $900 billion
The U.S. Treasury and the Internal Revenue Service have once again extended the temporary guidance that was originally provided in Rev. Proc. 2020-21, published in May of 2020 during the COVID pandemic. That temporary guidance allowed issuers of private activity
Re-instatement of tax-exempt advance refunding bonds is being re-introduced in the new Congress. It has bi-partisan support and has favorable odds of being signed into law this year. The legislation has been named the LOCAL Infrastructure Act with LOCAL serving
If you own property on Lake Erie’s shoreline and are experiencing erosion problems, if you own your home or if commercial or industrial building is in need of energy efficiency upgrades such as lighting and building controls, building envelope (roofing,