CDFA Upcoming Events

This update from Hunton & Williams covers a variety of regulatory and legislative changes with impacts on the municipal bond market, including: SEC changes to disclosure requirements, Build America Bond pricing and offset concerns, and the Dodd-Frank financial reform bill.

The Greenworks Loan Fund seeks to make energy efficiency financing an ordinary part of the lending process for either the rehabilitation of existing commercial buildings or the construction of new ones. This new revolving loan fund, which is capitalized through a combination of federal stimulus and private funding, will finance energy projects that show a 25% reduction in energy use.

The San Francisco Bay Area city of Fairfield, California has closed on a Recovery Zone Facility Bond deal for the Frank-Lin Distillers Products Ltd., construction project. Fairfield worked through the California Enterprise Development Authority to issue the $22 million tax-exempt bond, which is the first completed RZFB project in California to go through the state reallocation process.

This report  focuses on smart growth strategies that can help guide growth in rural areas while protecting natural and working lands and preserving the rural character of existing communities. 

This white paper released by the Small Business Association of Michigan encourages a policy shift in Michigan economic development towards "economic gardening," which focuses on aiding existing small and growing businesses in the community.

David Rogers of Bricker & Eckler looks at the challenges current market conditions pose to getting a TIF deal done in this presentation.

This article from Fitch Ratings addresses the impact of the financial reform bill on the rating agencies and other market participants. While changes related to rating agencies will be felt most in other areas, such as mortgage-based securities, the ratings process for the municipal market will also be affected.

This report from the Department of Energy looks at the impact of ARRA investments in battery and electric vehicle development.

This factsheet gives a summary of the reallocation process of Recovery Zone Bond authority in Illinois.

This article from the Dominion Post in Wellington, New Zealand addresses the TIF presentation being made by CDFA members as New Zealand officials look at new options to finance development.

This presentation looks at the importance of seed, venture and other forms of start-up capital that is needed to fully develop the clean energy industry in the United States.

This McGuire Woods presentation addresses the Clean Renewable Energy Bond and Energy Conservation Bond programs created by ARRA and later modified by Congress allow for direct-pay subsidies to the issuer instead of tax credits.

This presentation looks at the 1603 grant program for renewable energy projects and identifying how much value the program can provide to community wind projects.

This presentation looks at some of the basic issues to consider when undertaking a community wind project.

In an effort to better take advantage of ARRA's Recovery Zone Bond provisions, Alaska has passed legislation giving Alaska Industrial Development and Export Authority (AIDEA) the authority to administer the RZFB volume cap and to adopt rules by which to do so.

This factsheet summarizes Empire State Development's new Small Business Revolving Loan Fund. $50 million fund designed to create economic activity by providing greater access to capital for main street everyday small businesses. The program is targeted to minorities, women and other New Yorkers who have difficulty accessing regular credit markets.

September 23, 2010 @ 2:00pm Eastern Ohio has adopted several provisions over the last year and a half to allow the Buckeye State the opportunity to be at the front of the property assessed clean energy (PACE) district movement. This free webcast will address the basics of PACE financing and how energy special improvement districts (SIDs) be implemented by communities in Ohio.

The Michigan Department of Treasury has posted this set of frequently asked questions and answers related to the use of tax increment finance in the state.

This presentation by Bricker & Eckler covers Property Assessed Clean Energy (PACE) Financing and Ohio’s Special Improvement District (SID) Law. Enabling legislation in 2009 and 2010 have made the use of these financing tools an option for Ohio communities.

The Utah Governor's Office of Economic Development has published this factsheet that summarizes the state's renewable energy incentives, which emphasizes a post-performance refundable tax credit for up to 100% of new state tax revenues (includes state corporate, sales and withholding taxes) over the life of the project (typically 5 – 10 years).

Renewable energy finance is the most highly debated and emerging practice in the development finance industry. A major push in the last few years to look for renewable sources of energy has created new opportunities for financing these projects. The CDFA – BNY Mellon Development Finance Webcast Series will examine the realities of renewable energy financing options and the impact these deals are having throughout the country.

This report compiled by the University of California-Berkeley for the City of Berkeley offers an introduction to renewable energy and energy efficiency and offers step-by-step guidance for local authorities when establishing a property assessed clean energy (PACE) district.

The U.S. Department of Commerce has produced this document which highlights the different federal funds that are available in sectors including agriculture, education and research, energy, science and technology, and real estate. Each incentive program has a detailed description, website reference, and a contact.

The Georgia Department of Community Affairs has compiled this report documenting the various federal, state and local development financing programs available in Georgia. Each program has a short summary that includes eligibility and application guidelines and contact information.

A new mixed-use development near the Rhode Island Avenue Metro Station in Washington, D.C. will provide housing, shopping and restaurants for residents and commuters. The $107 million project combines U.S. Department of Housing and Urban Development (HUD) financing with new markets tax credits (NMTCs) and District of Columbia payment in lieu of taxes (PILOT) financing.