IBank has announced a new microloan program is open for business in low-wealth communities. The Jump Start Loan Program (Jump Start) helps small businesses in low-wealth communities start, grow and thrive. Jump Start will serve traditionally disadvantaged groups.

California has been a guiding light in our nation's economic recovery. The state now leads the nation in economic growth and has cut the unemployment rate in half since 2011. California's clean energy sector has turned out to be an important part of this success.

California is asking the federal government to pay 75 percent of the hundreds of millions of dollars in repairs to the badly damaged spillways at the nation's tallest dam. Questions remain as to whether taxpayers or the water contractors that get water via the Oroville Dam would foot the biggest share of the bill.

Did you know that EDA partners with businesses and universities through its Research and National Technical Assistance program (PDF) to develop and disseminate "data tools" on emerging economic development concepts? These tools are paving pathways of success for economic development and innovation.

Cadiz has signed agreements with six California water agencies to pump up to 50,000 acre-feet of water a year out of its aquifer and send it via pipeline to the Colorado River Aqueduct and then onto 400,000 customers of those water agencies. The plan received environmental approvals four years ago.

The California treasurer has sold $1.2 billion in bonds to help finance construction of high-speed rail in the Central Valley, a significant development after years of delays in tapping the bonds that taxpayers approved in 2008.

The California Infrastructure and Economic Development Bank (IBank) Board will decide whether to provide a $2.87 million financing to the Housing Authority of the County of Monterey (HACM) through IBank's CLEEN Center.

This year's allocation of New Markets Tax Credits is now open for applications, and CDFA is here to help guide you through the process before the June 21st deadline. Tune into this webinar to hear a panel of expert speakers discuss the tips and tricks that they have learned through many years of working with this program.

The Intro Food Systems Finance WebCourse examines the development finance programs that sustain a local food system and how investments in that system can drive economic development on a broader scale. Topics covered include federal, state, and local sources of capital, stakeholders involved in the financing process, and case study examples that showcase the variety of financing programs.

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