On October 5, 2018, the United States President signed into law the Better Utilization of Investments Leading to Development Act of 2018 (BUILD Act). The BUILD Act consolidates, modernizes, and reforms the U.S. Government’s development finance capabilities – primarily the Overseas Private Investment Corporation (OPIC) and USAID’s DCA – into a new agency: The United States International Development Finance Corporation (DFC). The U.S. will have more flexibility to support investments in developing countries to drive economic growth, create stability, and improve livelihoods. DFC will make America a stronger and more competitive leader on the global development stage, with greater ability to partner with allies on transformative projects and provide financially-sound alternatives to state-directed initiatives that can leave developing countries worse off. The DFC has a mandate to focus on mobilizing finance in Low-Income Countries (LICs) and Lower Middle-Income Countries (LMICs). The DFC will be developing a pipeline of investable projects in these countries, and the SIPA Capstone team will support that deal development through research and transaction development.