Fundamentals of Economic Development Finance Course
Alaska Industrial Development and Export Authority Ballard Spahr LLP 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 McGuireWoods LLP Miles & Stockbridge P.C. 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
OverviewAgendaLocationRegistration
Overview

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.

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

7:30 – 8:30 amRegistration

8:30 – 9:00 amWelcome & Introductions

Welcome participants, introduce CDFA and set the stage for the course.


9:00 – 10:00 amUnderstanding 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.


10:00 am – 12:00 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 15 minute break during the middle of this session.


12:00 – 1:30 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.


1:30 – 2:30 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.


2:30 – 2:45 pmBreak

2:45 – 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 – 4:00 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.


4:00 – 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.
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Location

Check back for upcoming course dates or email CDFA to find out when this course will next be offered.

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Registration

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.

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

Early-Bird RegistrationStandard Registration
Member$550.00$600.00
Non-Member$675.00$725.00
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