CDFA Launches National Volume Cap Resource Center
-- Center Provides Online Access to Volume Cap Data --
CDFA, in order to provide an important service to the development finance industry and its members, has now released the National Volume Cap Resource Center to showcase data, news, and information pertaining to the private activity bond volume cap. As a leader in the development finance industry, CDFA serves as the principal source for private-activity bond volume cap data, reporting and trends.
Build Now, Pay Later
-- CDFA Featured in U.K. Publication --
Regeneration & Renewal, a highly regarded U.K. economic development magazine, featured CDFA in its recent edition in an article focused on the potential use of Tax Increment Financing in England. With sources of European funding drying up, the credit crunch biting and house prices weakening, could a US technique help get UK regeneration projects off the ground? Herpreet Kaur Grewal reports.
CDFA Adds Co-Sponsor on S. 2885
-- Highlights an Otherwise Quiet Month on the Hill --
CDFA’s top legislative priority, expanding the definition of manufacturing for industrial development bonds (IDBs), continues to gain support as S. 2885 added another co-sponsor last month as Senator Blanche Lincoln, AR, signed on. With Congress now in recess for the summer and the national conventions, it was a slow month in Washington, D.C. Municipal bond legislation is expected to play a prominent role once Congress reconvenes.
FHLBs Developing Program to Take Advantage of New Legislation
The Federal Home Loan Banks (FHLBs) have begun to mobilize and implement new legislation included in the recently passed housing bill. One provision of the bill permits FHLBs to issue letters of credit on tax-exempt bond deals.
Common-Sense TIF Reforms
The John Locke Foundation released this report that focuses on best uses of Tax Increment Finance. The report takes aim at making improvements to North Carolina's use of TIF after its initial project, the Randy Parton Theatre. The report suggests four reforms to the statute.


Tax Increment Financing in Southeastern Wisconsin
The Public Policy Forum released this Research Brief that examines the use of Tax Increment Financing in Southeastern Wisconsin. The report makes comparisons of how TIF is used in Southeastern Wisconsin, the entire state and the city of Milwaukee as well as best practice policy recommendations.



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Recent Headlines:

Atlanta Beltline, Inc.
Chief Operating Officer
The BeltLine represents a tremendous opportunity to positively impact the way Atlanta will mature as a great City, and become a national role model in the process. The BeltLine will enrich Atlanta’s quality of life with parks, trails, transit, and economic development and set a national standard for transformative investment, sustainable growth, and equitable development. The Chief Operating Officer will work in partnership with the President/CEO to ensure the successful implementation of the Atlanta BeltLine, Inc. five year strategic work plan. >>> Read the Full Posting
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Are you taking advantage of your member benefits? CDFA members are eligible for great discounts on subscriptions to the popular Site Selection Magazine and The Bond Buyer. Both discounts provide great savings on these top industry resources. >>>LEARN MORE

The Development Bond Finance Course(September 18-19 in Washington, DC) offers an in-depth look at tax-exempt financing, with an emphasis on Industrial Development Bonds for manufacturers and nonprofits. IDBs are an important economic development tool that can bring economic growth to your community or expand your client base. >>>LEARN MORE
CDFA's new training course, the Revolving Loan Fund Essentials Course, will debut November 20-21, 2008 in Washington, DC. This course will set the stage for how to implement and maximize this important development finance tool. >>>LEARN MORE
CDFA's 2009 Annual Development Finance Summit will take place May 5-7 in amazing Pittsburgh, PA. Mark your calendars for the premier development finance event of the year. >>>LEARN MORE


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