Gahanna, Ohio Wins 2007 Practitioner's Showcase: Best TIF Program Award
Finalist Compete at 2007 Annual Summit in Miami
May 23, 2007: Miami, FL -- The City of Gahanna, OH was selected as the Best TIF Program in the country at the 2007 Practitioner's Showcase during the recent CDFA Annual Summit. Showcase finalists included Kansas City, San Antonio and Washington, DC with Gahanna taking home the top honors.
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.


May 2007 Headlines:

Thousands of Charities To Receive IRS Surveys
Posted on Tuesday, May 15, 2007
By Alison L. McConnell

Trends in the Region: Reform Looms in Florida
Posted on Thursday, May 17, 2007
by Shelly Sigo

N.J. Eyes Pension P3s
Posted on Wednesday, May 30, 2007
by Michelle Kaske

Hotchkiss To Head MSRB Staff
Posted on Friday, June 01, 2007
by Lynn Hume And Andrew Ackerman

In Brief: CDFA: Gahanna, Ohio, Has Best TIF Program
Posted on Thursday, June 07, 2007
by Tedra DeSue

CDFA Signs Onto Letter Supporting Extension of New Markets Tax Credit Program -- Legislation Currently Under Review in House & Senate
The New Markets Tax Credit Extension Act of 2007 (S. 1239 and H.R. 2075) would extend the New Markets Tax Credit through 2013 and generate more than $17 billion in new private investment in poor urban and rural communities across the country. CDFA has joined the effort to support this important extension.
Featured Resource: City of Madison: TIF Objectives and Policies
The City of Madison, WI has put together this manual that outlines its TIF program. The manual gives readers an overview and outlines the objectives of the Madison program, talks about the TIF process and its players as well as eligibility requirements.

Featured Resource: Tax Increment Financing Districts and Special Taxing Districts: Tools for Infrastructure Finance
John R. Orrick, Jr., from Linowes and Blocher LLP, wrote this article explaining how to understand and apply TIF. The article discusses district based TIF projects, special taxing districts, as well as additional considerations including bond financing structure.
Overview of Clean Renewable Energy Bonds (CREBs)
Clean, renewable energy is a high priority for many state and local governments and their political subdivisions. In July 2005, Congress passed the Energy Tax Incentives Act of 2005 (the “Act”). Among a number of other tax incentives, the Act permits State and local governments and their political subdivisions like public universities or Industrial Development Authorities (IDA’s), cooperative electric companies, clean renewable energy bond lenders and Indian tribal governments to issue “clean renewable energy bonds” (“CREBs”) to finance certain renewable energy and clean coal facilities. This article reviews the basic features of CREBs.


NABL Releases Tax Credit Bond Resource Document
To address interest in the current tax-credit bond programs, this document discusses a number of interacting statutory restrictions applicable to Qualified Zone Academy Bonds (QZABs) and/or Clean Renewable Energy Bonds (CREBs).

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.
VP Business Development
New Jersey Economic Development Authority (NJEDA)
Trenton, NJ


The Industry Primer: Development Bond Finance Course (August 2-3) offers an in-depth look at tax-exempt financing, with an emphasis on Industrial Development Bonds for manufacturers and nonprofits … an important economic development tool that can bring economic growth to your community or expand your client base. >>>LEARN MORE
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 Riverdale, GA

City of Oakland, CA

Development Authority of Fulton County - Atlanta, GA

Riverhead Industrial Development Agency - Calverton, NY

Vinson & Elkins LLP - Dallas, TX



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