New Title in Food Systems Financing Series Released
The Council of Development Finance Agencies (CDFA) has released the latest title in its Food Finance White Paper Series, Food Systems & Targeted Tools. This paper focuses on targeted tools, which are specifically used to target certain geographies and difficult-to-finance sectors. Summaries are made about a variety of these tools, including tax increment financing, special assessment districts, property assessed clean energy financing, and tax abatements. Case studies demonstrate the ways in which various types of targeted tools support food-related businesses and projects, as well as the ways in which communities utilized targeted tools to redevelop, brand, or improve their neighborhood business districts. With this series, CDFA aims to offer useful information for those working in the food system about the variety of development finance tools available to support food-related projects, as well as evidence that such financing programs are successful when applied to efforts within the food system.