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CDFA Legislative Briefing
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CDFA Legislative Briefing
Moderator
See all of CDFA’s Advocacy efforts online at www.cdfa.net/advocacy Katie Kramer
Vice President Council of Development Finance Agencies
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CDFA Legislative Briefing
CDFA is not herein engaged in rendering legal, accounting, financial or other advisory services, nor does CDFA intend that the material included herein be relied upon to the exclusion of outside counsel or a municipal advisor. This publication, report or presentation is intended to provide accurate and authoritative general information and does not constitute advising on any municipal security or municipal financial product. CDFA is not a registered municipal advisor and does not provide advice, guidance or recommendations
- n the issuance of municipal securities or municipal financial products. Those
seeking to conduct complex financial transitions using the best practices mentioned in this publication, report or presentation are encouraged to seek the advice of a skilled legal, financial and/or registered municipal advisor. Questions concerning this publication, report or presentation should be directed to info@cdfa.net.
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CDFA Legislative Briefing Using your telephone will give you better audio quality. Submit your questions to the panelists here.
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CDFA Legislative Briefing
Panelists
Katie Kramer
Vice President Council of Development Finance Agencies
Eric Silva
Legislative Representative Council of Development Finance Agencies
Malcolm Guy
Coordinator Government & External Affairs Council of Development Finance Agencies
Toby Rittner
President & CEO Council of Development Finance Agencies
See all of CDFA’s Advocacy efforts online at www.cdfa.net/advocacy
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CDFA Legislative Briefing
Panelist
Toby Rittner
President & CEO Council of Development Finance Agencies
See all of CDFA’s Advocacy efforts online at www.cdfa.net/advocacy
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CDFA Legislative Briefing
▪ CDFA COVID-19 Comprehensive Recovery Strategy ▪ CDFA COVID-19 Resource Center ▪ Weekly Development Finance COVID-19 Briefings
CDFA COVID-19 Resources
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CDFA Legislative Briefing
▪ $2.2 Trillion ▪ SBA Economic Injury Disaster Loans ▪ Paycheck Protection Program ▪ Federal Agency Appropriations:
▪ EDA: $1.5 billion for economic development grants ▪ MEP: $50 million, plus cost match waived for FY2020 ▪ USDA Rural Development: $145 billion; $1 billion for B&I loan guarantee ▪ HUD: $17.4 billion; $5 billion for CDBG ▪ SBA: $7 billion for disaster loans; $562 million to administer disaster loans
CARES Act
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CDFA Legislative Briefing
Panelist
Eric Silva
Legislative Representative Council of Development Finance Agencies
See all of CDFA’s Advocacy efforts online at www.cdfa.net/advocacy
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CDFA Legislative Briefing
▪ Why is it important to get a bond title into the next stimulus? ▪ Modernizing Agricultural and Manufacturing Bonds Act (MAMBA) ▪ Introduced as H.R. 5422 by Rep. Stephanie Murphy (D-FL-7) and
- Rep. Darin LaHood (R-IL-18)
▪ Disaster-Area Recovery Bonds
Bonds
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CDFA Legislative Briefing
▪ Sign the CDFA letter to Congress ▪ Send Letters to Your Elected Officials ▪ Key Legislators in Senate Finance: CO, DE, IA, ID ID, IN, KS, MD, MI, MT, NC, NE NE, NH, NJ, NV, OH OH, OK, OR, PA, SC SC, SD, TX, VA, WA, WY ▪ Key Legislators in House Ways & Means: AL, AZ, CA CA, CT, FL, GA, IL IL, IN, KS, MA, MI, MO, NE, NC, NJ, NV, NY, OH, OR, PA, SC, TX TX, VA, WA, WI
Next Steps
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CDFA Legislative Briefing
▪ Overview of small business provisions thus far ▪ Small Business Access to Capital Act of 2020 ▪ Introduced as S. 3551 by Sens. Gary Peters (D-MI), Debbie Stabenow (D-MI), Jeanne Shaheen (D-NH), Maggie Hassan (D-NH) ▪ Would provide $3 billion to a reauthorized SSBCI Program ▪ Included in House mark-up of CARES Act as a $10 billion program
Small Business
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CDFA Legislative Briefing
Next Steps
▪ Send Letters to Your Elected Officials ▪ Key Legislators in Senate Banking: AL, AR, AZ, KS, HI, ID, LA, MA, MD, MN, MT, NC, ND, NE, NJ, NV, OH OH, PA, RI, SC SC, SD, VA ▪ Key Legislators in House Financial Services: AR, CA CA, CO, CT, FL, GA, HI, IA, IL, IN, KY, MA, MI, MN, MO MO, NC NC, NY NY, OH OH, OK, PA, SC, TN, TX, UT UT, VA, WA, WI, WV
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CDFA Legislative Briefing
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CDFA Legislative Briefing
CDFA-ARI Rural Finance Webinar Series: COVID-19 Response Resources for Local Leaders
Wednesday, April 15, 2020 | 1:00 PM Eastern
CDFA Food Systems Finance Webinar Series: Disaster Recovery for the Food System
Wednesday, April 15, 2020 | 1:00 PM Eastern
Register online at www.cdfa.net
Upcoming Events
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CDFA Legislative Briefing Malcolm Guy
Coordinator Government and External Affairs 614-705-1306 mguy@cdfa.net
This webcast is designed to provide accurate and authoritative information in regard to the subject matter covered. It is available with the understanding that CDFA and the panelists are not engaged in rendering legal, accounting, or other professional services. If legal advice or other expert assistance is required, the services of a competent professional should be sought.
