About

Advocacy

Events

Membership

Sponsor

Education

Newsletters

Resources

Technical Assistance

×

CDFA North Carolina Financing Roundtable Newsletter - November 2016

CDFA North Carolina Financing Roundtable Newsletter - November 2016
November 30, 2016
Subscribe
View Archives
CDFA North Carolina Financing Roundtable Newsletter

Feature

Blue Sphere's NC AD Project Ramps Up and Receives Incentive Tax Credits
Charlotte, North Carolina based Blue Sphere Corp., an international independent power producer (IPP) that is globally active in the clean energy production and waste to energy markets, announced the anaerobic digestion (AD) facility that it has been developing in Charlotte, North Carolina, has received confirmation that Duke Energy has accepted the notice of or commercial operations date (COD). Once fully operational, the facility is estimated to produce annual revenue of approximately US $10.0 million and Operating Income of approximately US $7.3 million. Blue Sphere owns 25% of the Charlotte project. Once online and at full operating capacity, the Blue Sphere cash flow participation from the projects will take the form of equity dividends. In addition, the project qualifies for and has received incentive tax credits. Blue Sphere and its financial partners will receive the benefits of these incentives by either taking credits against project earnings or potentially selling the benefit to another user at a discount.

Haywood Moves to Solve Affordable Housing Crisis with Bond Resolution
At retiring Chairman Mark Swanger's final meeting as chairman on Nov. 21, Swanger and the Board of Commissioners unanimously voted to begin addressing what many see as the county's most pressing issue — affordable housing. The conglomerate's plan is to create about 50 senior housing units at the former hospital, and also build in some office space on the first floor. The other two parcels will eventually contain a hundred or more units each in a development now known as Brookmont Lofts.   

How NC Co-ops Help Drive the Energy Future
While much of North Carolina's energy focus is on Duke Energy, advancements made by the state's 26 electric cooperatives, should not be overlooked. Co-op officials say their organizational structure allows them to be nimble, enabling them to incorporate new technology more quickly than large investor-owned utilities, technology that gives consumers added control while helping them to become more energy efficient. And, what they're learning from a couple of microgrid pilot programs will guide their future renewable energy investments.

Opinion: Investing in Roads a Bipartisan Idea in NC
Throughout our state's history, great governors have built roads. Regardless of who wins the governor's race, the fact is that North Carolina needs to build some roads and improve others. Building and updating our road system isn't a partisan issue. It's probably one issue that Republicans and Democrats can agree upon because both political parties understand that investing in our infrastructure with surface roads is good for our economy, good for job creation and good for small businesses from Manteo to Murphy.

Haywood County Board of Commissioners Approve First Step in Affordable Housing
In one of his final acts as Chairman of the Haywood County Board of Commissioners, Mark Swanger oversaw the first step of many in boosting the availability of affordable housing for low-income residents. Up for consideration was a "resolution giving preliminary approval to the issuance of revenue bonds to finance the acquisition, rehabilitation, construction and equipping of affordable housing developments in Waynesville, including the Historic Haywood County Hospital, subject to public hearing and further board approval before the issuance of bonds."

Duke Energy Funding 200 Car-Charging Stations as Result of EPA Settlement
Duke Energy is sending notice to about 80 cities and organizations that they have won grants totaling $1 million to set up charging stations for electric vehicles.The grants are the result of an agreement Duke made last year with the Environmental Protection Agency to settle a 15-year-old lawsuit over allegations the Charlotte-based power company violated the Clean Air Act.

Public Gives Input on Developing Imperial Site
A group from the UNC School of Government is gathering public input to help create potential development and economic reinvestment projects for the former Imperial Tobacco processing plant on Atlantic Avenue. Representatives with the Development Finance Initiative (DFI) held a series of meetings on Wednesday to discuss a marketing and development plan for the property, which is in the center of the city's efforts to revitalize the downtown and west Greenville areas.

Federal Grant to Help Homes Reduce Energy in NC
A more than $400,000 federal grant has been designated to reduce energy use for economically challenged homes in several Eastern North Carolina areas, including the Twin Counties.

Upcoming Events

Intro Brownfields Finance WebCourse
December 14-15, 2016 - Daily: 12-5pm Eastern
The Intro Brownfields Finance Course is the industry's only comprehensive training curriculum that helps economic developers, policy makers and real estate professionals understand and master the financing strategies for the lifecycle of a brownfield property. During this course, attendees will walk through the entire brownfields redevelopment process from understanding the basics of brownfields and legal and regulatory challenges to unearthing the myriad financing tools available to both clean-up and build-up these contaminated or polluted sites.

North Carolina News

County Giving Millions in Tax Incentives for Brownfield Properties
Cox Media Group | Nov. 23 | Brownfield Financing

Arthur Cohen Presented Prestigious CDFA Lifetime Achievement Award
CDFA | Nov. 3 | Member News

Robbins Engages Residents on Mill-Site Clean-Up Process
The Pilot LLC | Oct. 28 | Brownfield Financing


Sponsors

Venue Sponsor

Research Triangle Park

Conference Premium Sponsor

Clean Source Capital

Conference Supporting Sponsor

Federal Home Loan Bank of Atlanta KPM Financial

For information about sponsoring the CDFA North Carolina Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.


The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


Install CDFA's iOS appInstall CDFA's Android app

Archives

Displaying 1 - 15 of 15

April 11, 2018
August 30, 2017
July 26, 2017
June 28, 2017
May 31, 2017
April 26, 2017
March 29, 2017
February 22, 2017
January 25, 2017
December 28, 2016
November 30, 2016
October 26, 2016
August 31, 2016
July 27, 2016
June 29, 2016




CDFA National Sponsors

  • Alliant Insurance Services, Inc.
  • BNY Mellon
  • Bricker Graydon LLP
  • Business Oregon
  • CohnReznick
  • Frost Brown Todd LLP
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
Become a Sponsor