Waves of Change: Development Finance Solutions that Work
2007 Annual Development Finance Summit - May 22-24, Miami
CDFA's 2007 Annual Development Finance Summit is coming to Miami, May 22-24. The theme for the 21st Annual Summit is “Waves of Change: Development Finance Solutions that Work” which will explore the challenges and opportunities facing our ever-changing communities and will provide attendees with the resources necessary to encourage business growth, spur job creation and support economic success. CDFA will feature over twenty different topics in the finance industry through interactive workshops, case study evaluations, lecture and guided tours. This year's Annual Summit is sure to be the best in CDFA's 25 year history! Join your fellow finance professionals in Miami for the premier development finance industry event of the year.

Call for Entries- 2007 Practitioner’s Showcase: Best TIF Program
Deadline March 30th
Last year, CDFA introduced its new annual award program called the Practitioner’s Showcase. The event, which included a live audience vote to select the country's Best IDB Program, was a resounding success. For 2007, the Practitioner’s Showcase is back featuring a different development finance topic.

TIF has emerged as the leading economic development finance tool in the country. As its use has grown, the creativity and implementation of the tool has increased tenfold. The 2007 Practitioner's Showcase will recognize outstanding development finance programs and success stories from the tax increment finance industry.

The 2007 Showcase highlights the nation’s finest and most successful TIF Programs. CDFA is looking for excellence, efficiency and expertise in creating critical mass, marketing programs, executing projects and raising the awareness of this important economic development finance tool.

January 2006 Headlines:

Outlook 2007: All Eyes on Tax Regulation
Posted on Tuesday, January 02, 2007
By Alison L. Mcconnell

Anderson's Parting Words
Posted on Wednesday, January 03, 2007
By Alison L. McConnell

Ballard Spahr Hires D.C. Government Veteran Michael Hodge
Posted on Wednesday, January 17, 2007
By Alison L. Mcconnell and Andrew Ackerman

Ways & Means Announces Tax Hearings, Other Priorities for 110th Congress
Posted on Friday, January 19, 2007
By Alison L. Mcconnell

Understanding Ratings
Posted on Thursday, January 25, 2007
By Matthew Hanson

CDFA Announces Legislative Agenda
“With a new year comes a new opportunity”
CDFA is starting off the New Year strong with a renewed focus on legislative priorities that improve the tools used in the development finance industry. January was a busy month for the legislative team. Here is a quick rundown of the Council’s legislative efforts this past month.

Efficient and Strategic TIF Use: A Guide for Wisconsin Municipalities
New Report from the Center on Wisconsin Strategy
This new guide from the Center on Wisconsin Strategy, provides a background on the history of TIF in the state, how the payback system works and the types of financing available in tax improvement districts. The guide also looks at the implementation of TIF and both the costs and benefits for its implementation. In addition, the guide also makes recommendations for improving the TIF tool.

Learning from Experience: A Primer on Tax Increment Financing
How the No. 7 Subway Project in New York City Used TIF
This piece looks at the No. 7 Subway project in New York City and gives a project summary, explains in detail the usage of TIF, as well as typically TIF funded projects. The article takes note of some precautions to using the TIF tool to give the reader a fuller understanding of this popular economic development tool.

SBA 504 and 7(a) Loan Programs
Small business play a significant role in the economy. The U.S. Small Business Administration (SBA) has developed specific programs to address the needs of this market segment. The programs include the 504 Loan Program—operated through a Certified Development Company—as well as the 7(a) program offered through financial institutions. This fact sheet will give a general overview of both programs and connect readers to additional resources.

Site Selection is one of the leading and most respected publications in the development industry and is a key source of information for new industry development, plant and facilities expansion, and corporate relocation insight. Through a strategic partnership with Site Selection, active CDFA members are eligible to receive a 50% subscription rate discount (total price of $47.50 per year). This is a significant savings for one of the most important industry publications today. To take advantage of this great offer, contact CDFA to request the special subscription code.

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. Teams work directly with clients through site visits and interviews, and conduct research to reinforce recommendations.

Strategic planning, advisory seminars, workshops, and custom research are available within the budget of organizations small and large. Whether your group issues bonds, facilitates small business development, or manages incentive programs, CDFA can shed new light on existing activities and provide directions for the future. For more information, please contact CDFA or visit the program webpage.

Vice President, Infrastructure/Governmental Finance
MassDevelopment
Boston, MA

The Advanced Bond Finance Course (February 22-23, 2007 in Washington, DC) provides in-depth information about municipal finance issues, techniques and tools of interest to practitioners with an understanding of tax-exempt financing. This course discusses and explores advanced topics and techniques being used across the country today. >>>LEARN MORE

The Annual Summit (May 22-24, 2007 in Miami, FL) is the premier development finance industry event of the year. Featuring dozens of sessions, workshops, distinguished speakers and presentations on a wide variety of finance topics, the Summit provides economic developers, finance professionals, private sector leaders and community advocates a prime opportunity for networking, education and information sharing. >>>LEARN MORE

City of Phoenix, Housing Department - Phoenix, AZ

Sonnenschein, Nath & Rosenthal LLP - Chicago, IL

Fairfax County Department of Housing and Community Development - Fairfax, VA

Northwest Arctic Borough - Kotzebue, AK

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