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October 2008
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CDFA Recommended Practices: Effective Tax Increment Finance Program Management
CDFA has developed these recommended practices to serve as a set of guiding principles when developing or implementing a Tax Increment Finance (TIF) program. TIF has played an increasingly important role in financing economic development and redevelopment projects over the last several decades, and management of a TIF program requires responsible application. This document addresses TIF, highlights some of the common procedural elements that development finance professionals face and provides guidance on strategies for maximizing TIF project success.
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NEW: CDFA's Revolving Loan Fund Resource Library
CDFA's Revolving Loan Fund Resource Library is a comprehensive collection of revolving loan fund-related resources, including research reports, presentations, articles and insights from the industry's top practitioners. Browse the new RLF Library for information about the basics of RLFs, marketing examples, lending policies and criteria, sample applications and case studies. And, for even more information about RLFs, check out CDFA's newest course, The Revolving Loan Fund Essentials Course, November 20-21 in Washington, DC.
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CDFA Legislative Front: Rescue Bill Dominates Capitol Hill
The legislative agenda has been dominated by a handful of large bills this year, and last month was no exception as the financial rescue package consumed the majority of the time in Washington, D.C. Several provisions in the rescue bill are of note to the development finance industry.
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FHLBank Letters of Credit and Tax-Exempt Bonds:
A New Business Opportunity in Public Finance
The Federal Home Loan Bank of Pittsburgh is offering three public finance seminars in Pennsylvania this month to discuss new legislation that allows FHLBs to issue letters of credit on tax-exempt bonds. Click on the link below to view the locations and agenda.
>>>LEARN MORE
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Attend CDFA's newest educational offering, the Revolving Loan Fund Essentials Course, November 20-21, 2008 in Washington, DC. This course offers an intense look at RLF program development, implementation and management. Early Bird Rates expire October 24th.
>>>REGISTER TODAY |
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Registration is now open for CDFA's 2009 Annual Development Finance Summit, May 5-7 in Pittsburgh, PA. Make plans today for the 23rd Annual Summit, the premier nationwide gathering of economic development finance professionals from the public, private and non-profit sectors.
>>>LEARN MORE |
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Federal Home Loan Bank of Des Moines - Des Moines, IA
Public FA, Inc - Huntsville, AL
Ramirez & Guerrero LLP - McAllen, TX
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