Follow CDFA on Twitter
CDFA Upcoming Events

Yale CEFF & CDFA Energy Finance Webinar Series
1:00pm - 2:00pm (EST)
March 3, 2015

CDFA Texas Webinar: Exploring IDBs in Texas
11:00am - 12:30pm (EDT)
March 11, 2015

CDFA Brownfields Project Marketplace
Daily: 1-5pm (EDT)
March 16-20, 2015

Blending Capital for Impact: How Foundations Can Advance Economic Development Finance
Washington, DC
March 19, 2015

CDFA Rural Project Marketplace
Daily: 12-5pm (EDT)
March 23 & 24, 2015

Intro Food Systems Finance WebCourse
Daily: 12-5pm (EDT)
March 25-26, 2015

CDFA Missouri Conference
St. Louis, MO
April 15, 2015

CDFA Texas Conference
Austin, TX
April 23, 2015

Intro EB-5 Finance WebCourse
April 28-19, 2015
Daily: 12-5pm (EDT)

CDFA Colorado Conference
Steamboat Springs, CO
April 29, 2015

CDFA Illinois Conference
Chicago, IL
May 13, 2015

Intro Energy Finance Course
Columbus, OH
May 20-21, 2015

CDFA California Webcast: Creative Economic Development Financing
1:00pm - 2:00pm (EDT)
June 3, 2015

CDFA Georgia Conference
Atlanta, GA
June 4, 2015

Advanced Bond Finance WebCourse
Daily: 12-5pm (EDT)
June 10-11, 2015

CDFA Pennsylvania Conference
Harrisburg, PA
June 11, 2015

CDFA Florida Conference
Lake Buena Vista, FL
August 5-6, 2015

CDFA Ohio Conference
Columbus, OH
September 1, 2015

CDFA Michigan Conference
Detroit, MI
October 7, 2015

CDFA Kentucky Conference
Lexington, KY
October 22, 2015

CDFA California Conference
Sacramento, CA
November 19, 2015

Fundamentals of Economic Development Finance WebCourse
OverviewAgendaLocationRegistration
Alaska Industrial Development and Export Authority Bank of America, Merrill Lynch BNY Mellon Bricker & Eckler LLP Bryan Cave LLP Business Oregon CohnReznick Frost Brown Todd, LLC Hawkins Delafield & Wood LLP Ice Miller LLP KeyBanc Capital Markets Kutak Rock LLP MB Financial Bank, NA Peckham Guyton Albers & Viets, Inc. Seyfarth Shaw LLP Squire Patton Boggs Stern Brothers & Co. Stifel Nicolaus S.B. Friedman & Company U.S. Bank Wells Fargo Securities
Overview
Apply for a scholarship

The Fundamentals of Economic Development Finance Course is the foundation for all of CDFA’s educational offerings. This course will help you understand the variety of development finance tools available, from bonds, tax credits and TIF, to federal financing programs, RLFs, and access to capital lending resources.

The Fundamentals Course is based on CDFA's Practitioner's Guide to Economic Development Finance, the only comprehensive reference guide dedicated to building and utilizing the development finance toolbox. The Practitioner’s Guide provides the insight and practical information needed to critically understand how economic development is financed and the tools, strategies and techniques used to build strong communities.

This course qualifies for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Start down the road to personal and professional advancement today.

By attending, you will:
  • Learn the fundamentals of development finance
  • Interact with leading development finance professionals from around the country
  • Discuss best practices and case studies that can be implemented in your community
  • Gain a greater understanding of the diversity of development finance tools
  • Establish a foundation for attending future in-depth financing courses
  • Receive a copy of the Practitioner's Guide to Economic Development Finance
You will learn through:

  • Lecture
  • Real life case studies
  • Presentations from industry experts
  • A comprehensive resource guide
Topics covered include:

  • Understanding development finance
  • The financing spectrum
  • Building the development finance toolbox
  • Bedrock tools: bonds and the basics of public finance
  • Targeted tools: tax increment and special district financing
  • Investment tools: tax credits, seed and venture capital
  • Access to capital lending tools: revolving loan and mezzanine funds, loan guarantee and microenterprise programs
  • Support tools: federal, state, incentive and grants programs
  • Implementing the toolbox approach
  • Trends in development finance
  • Development finance challenges and policy considerations
Who should attend?

  • Bond issuers
  • Economic development professionals
  • Community development professionals
  • Broker, dealers and underwriters
  • Elected officials
  • Government and nonprofit finance officers
  • Corporate trustees
  • Legal counsel
  • Underwriters
  • Commercial bankers
  • Accountants
  • Financial advisors
  • Policy makers
Course Advisor:

Toby Rittner will serve as the Course Advisor for the Fundamentals of Economic Development Finance Course.

Mr. Rittner runs the day-to-day operations of the Council of Development Finance Agencies (CDFA), which includes management of a 32 member Board of Directors, and the organization’s various educational, advocacy and research initiatives. Rittner is a frequent speaker at local, state and national conferences and events focused on economic development finance. He has been featured extensively in The Bond Buyer, Wall Street Journal, Bloomberg, NPR and other national media publications concerning the advancement of development finance tools. He is the author of CDFA's highly acclaimed Practitioner's Guide to Economic Development Finance and an adjunct faculty member at The Ohio State University teaching planning for sustainable economic development in the Knowlton School of Architecture.

Rittner is a Development Finance Certified Professional (DFCP) through CDFA and is a Certified Economic Development Finance Professional (EDFP) through the National Development Council (NDC). Rittner has also advised state and federal government leaders, including President Obama’s Administration Transition Team, on economic development finance policy and focus.

Prior to joining CDFA, Mr. Rittner was the Director of Legislative Affairs and former Director of Training for the International Economic Development Council (IEDC). Mr. Rittner has also worked for the Franklin County, Ohio Board of Commissioners, Community and Economic Development Department as a Senior Program Coordinator for Economic Development and as an Associate Planner for the City of Gahanna, Ohio.

In 2011, Mr. Rittner was appointed to the U.S. Environmental Protection Agency’s Environmental Financial Advisory Board. He is a member of the Advisory Board for the National Community Fund I, LLC and is also a member of the Advisory Board for Heritage Ohio. Mr. Rittner holds a Bachelor of Arts in Political Science and a Master's of City and Regional Planning degree from The Ohio State University. He is an ordained Deacon at Overbrook Presbyterian Church and lives with his wife and two children in Columbus, OH.


Return to the top
Agenda
The following is the preliminary agenda for this course. This agenda will be updated and modified slightly to accommodate speakers and content. However, the main areas of content as outlined in this agenda will be covered.


DAY ONE

12:00 – 12:15 pmWelcome & Overview

12:15 – 1:00 pmUnderstanding Development Finance & the Toolbox Approach

This session will set the stage for attendees to build their core knowledge base of the roots and basic principles of development finance. Attendees will also learn about the fundamentals and concept of building a comprehensive financing strategy.

1:00 – 3:00 pmBedrock Tools

Bonds are the bedrock of development finance and are the cornerstone of most development finance projects. This session will address the basics of bond finance including the various types of bonds, what they can finance, how they are used and important legal elements to be considered.

There will be a 10 minute break during the middle of this session.

3:00 – 5:00 pmTargeted Tools

Targeted financing programs are the most popular form of development finance. Attendees will learn the basics of several financing tools including tax increment financing, special improvement districts/business improvement districts and special assessment districts as well as how they can be used to meet economic development goals and objectives.

There will be a 10 minute break during the middle of this session.

5:00 pm Adjourn

DAY TWO

12:00 – 1:50 pmInvestment Tools

In this session attendees will learn about the investment tools available for catalyzing job growth, real estate development, community revitalization and entrepreneurial development. Presentations will cover several highly successful federal tax credit programs and how to effectively apply these programs to development opportunities. Speakers will also address the use of innovation finance mechanisms such as seed, venture and angel funds for encouraging local entrepreneurial growth.

1:50 – 2:00 pmBreak

2:00 – 3:30 pmAccess to Capital Lending Tools

Important components in any development finance toolbox are tools that address access to capital concerns such as revolving loan funds, mezzanine finance and loan guarantee programs. This session will examine how communities can use these tools to bridge financing gaps and encourage development efforts.

3:30 – 3:40 pmBreak

3:40 – 4:15 pmSupport Tools

The last component of the development finance toolbox is the supporting tools such as abatements and federal funding sources. This session will address the variety of support programs that exist with presentations on a select number of important federal programs. Attendees will learn about these programs and how to effectively apply them to development opportunities.

4:15 – 5:00 pmImplementing the Development Finance Toolbox

Development finance agencies throughout the country are implementing the toolbox approach. This final session of the course will focus on case study examples of successful agencies utilizing the toolbox model and strategies for putting the toolbox in place at your agency. Representatives from these agencies will discuss how they access federal funding to support their programs and how they operate multiple programs to provide access to capital to a variety of business and industries in their community.

5:00 pmAdjourn
    Return to the top
    Location

    CDFA Summer School will be held at The St. Louis Union Station set in the center of St. Louis. This historic AAA Four-Diamond St. Louis Union Station is within walking distance to Scottrade Center, Peabody Opera House, Busch Stadium, and Ballpark Village.

    St. Louis Union Station
    1820 Market Street
    St. Louis, MO 63103
    For individual reservations call 877-845-7354 and reference CDFA Summer School.

    CDFA has arranged a significantly reduced room rate of $169.00 (plus tax) per night for a standard room (single or double occupancy). Hotel rooms are available from August 9 - 14, 2015 at the reduced rate if reservations are made before July 17, 2014. This rate is not guaranteed if reservations are made after the cut-off date or if the hotel is sold-out. Please reserve your room early.


    >>>Reserve Your Hotel Room

    Return to the top
    Registration

    CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program. Join us in St. Louis, MO for CDFA Summer School, and start down the road to personal and professional advancement today.

    Scholarships are available to attend this event. Learn more about the CDFA Scholarship Program and submit your application today.

    Register before June 30, 2015 for Early-Bird Rates.

    When you register for three courses during CDFA Summer School, you will receive a $200 discount off the total registration fee.

    The registration fee for the Fundamentals of Economic Development Finance Course is displayed below. Click the Register button to view the total fees and discounts available for CDFA Summer School.

    Early-Bird RegistrationStandard Registration
    Member$350.00$400.00
    Non-Member$450.00$500.00

    Register Today!
    Return to the top