CDFA Issues First Recommended Practices:
Effective Industrial Development Bond Program Management
As a pillar of the development finance industry, Industrial Development Bond (IDB) programs can drive investment in the manufacturing sector and build the local economy while retaining and creating valuable jobs. However, a successful IDB programs requires effective management, marketing and oversight. CDFA has developed this publication as a set of guiding principles when developing or implementing an IDB program. This publication has been researched, reviewed and approved by a committee of development finance professionals as well as the CDFA Board of Directors and is the first ever Recommend Practice published by the Council.


2007 Development Finance Industry Survey
Help CDFA By Taking Survey Today!
CDFA is conducting a major industry survey to better understand and benchmark the economic development finance industry. Your responses will help the Council and its members understand the scope of development finance agencies and their use of various financing tools. This information will help CDFA educate and plan programming around the needs of the industry. >>>TAKE SURVEY



July 2007 Headlines:

June Volume Down 2.5% to $44.1 Billion
Posted on Monday, July 02, 2007
By Matthew Hanson

Citigroup Manages Most in '07
Posted on Tuesday, July 03, 2007
By Matthew Posner

Moody's: Florida Tax Reform May Hurt Local Tax Districts
Posted on Wednesday, July 11, 2007
By Shelly Sigo

Treasury Issues QZAB Regulations
Posted on Monday, July 16, 2007
By Alison L. McConnell

Firms Forming Pro-P3 Lobbying Group
Posted on Wednesday, July 18, 2007
By Humberto Sanchez

Congress Actively Addressing Bond Financing Measures
– CDFA’s Capitol Hill Day Planned –
Although the late summer may be a slow time on Capital Hill with both chambers preparing for summer recess, there have been several major development finance proposals in the news. From infrastructure bond banks to disclosure reform, Capitol Hill has been actively addressing the bond industry. CDFA also continues to move forward on its legislative agenda.
CDFA & NAHB Discuss Effective Infrastructure Finance Tools
The National Association of Home Builders (NAHB), in its winter 2007 Land Development magazine, takes a look at Tax Increment Financing and special district financing to discuss how these tools can help address infrastructure needs and promote redevelopment. CDFA participated with NAHB in an event in 2006 in Baton Rouge, LA to discuss these important tools.

Development Trends: Tax Increment Financing for Brownfields Redevelopment: The State Role - Part 1
Evans Paull, from the Northeast Midwest Institute, looks at TIF and how the tool has emerged as a popular financing option for redevelopment. Paull discusses how brownfields sites can take advantage of these financing options and some state best practice programs.

Using Tax Increment Financing for Brownfields Redevelopment – Part 2
Evans Paull continues his look at TIF and its application for brownfields projects. He identifies programs that work with TIF to help finance brownfields redevelopment.
Off-Balance Sheet Financing - Operating and Synthetic Leases
There are several forms of off-balance sheet financing (OBS). OBS may include a variety of business arrangements such as: investments in the equity of other entities, transfers of financial assets (where there is continuing involvement), certain retirement arrangements, leases, contingent obligations and guarantees, derivatives (like interest rate swaps), and other contractual obligations. Generally, only larger businesses get involved with most of these arrangements, except operating leases. This article discusses the two types of Off-Balance Sheet (OBS) Financing: operating and synthetic leases.

Peer-based Technical Assistance
CDFA technical assistance is a fee service available to organizations and communities in the development finance industry. Technical assistance ranges from helping clients develop and apply specific financing tools to sharing successful models from other geographic areas. The program utilizes a peer-based approach, drawing advisory teams from an expert network of CDFA members and affiliates. For more information, please contact CDFA or visit the program webpage.
Director, Urban Development
New Jersey Economic Development Authority (NJEDA)
Trenton, NJ

Senior Vice President - Customer Solutions
New Jersey Economic Development Authority (NJEDA)
Trenton, NJ

Director of Product Specialty
New Jersey Economic Development Authority (NJEDA)
Trenton, NJ


The Tax Increment Finance Course (November 1-2) is a national event presenting best practices and guiding principles for the application of this tool. The course brings TIF deal-making and best practices into focus through a two-day program targeting the entire spectrum of TIF stakeholders. >>>LEARN MORE



City of Hollywood, Florida - Hollywood, FL



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