2010 Practitioner’s Showcase: Best 2009 Bond Deal
The 2010 Practitioner’s Showcase will recognize outstanding development finance programs and success stories from the bond finance industry.
The 2010 Showcase will highlight the nation’s finest and most successful bond financed projects of 2009. Despite the global economic crisis of the last year, the bond market has remained innovative and cutting-edge. CDFA is looking for excellence, creativity and innovative execution of bonds for a transformational economic development project.
Projects that have helped to raise the awareness of this important economic development finance tool are of particular interest for this year’s competition. Bonds are the bedrock of development finance and are used to help build roads, bridges, sewers, city halls, hospitals and thousands of public and private projects. For over a century, bonds have been spurring development and redevelopment and are a major driver for job creation and economic growth. Today, some of the most creative and complex economic development projects are driven by the use of bonds as the major source of financing.
How the Showcase Works
CDFA will accept entries for the Practitioner’s Showcase through March 19, 2010. Entries must be submitted according to the official submission requirements listed in this announcement. A select panel of CDFA members will judge entries to determine the three best deals in the country. The three finalists will be invited to present their entries during the Annual Luncheon session of the 2010 Annual Development Finance Summit in Portland, OR on May 12, 2010. Following the presentations, Summit attendees will cast a live audience vote to select the 2010 Practitioner’s Showcase: Best 2009 Bond Deal.
The showcase will be the featured session of the 2010 Annual Summit and will be a hands-on demonstration of the very best from the bond finance industry.
Finance agencies, development departments and issuers of all sizes may submit entries to the Practitioner’s Showcase. The private sector is encouraged to collaborate with their public sector partners to submit projects that have made a major impact locally and are an example of innovation and effectiveness in using bonds.
The three finalists will be announced on April 5, 2010. The winner will be selected on May 12, 2010 at the Annual Summit. The winner will receive a commemorative plaque and two complimentary registrations for a future Annual Summit. The thee finalists and showcase winner will also be announced in CDFA’s Development Finance Review Weekly and via an official press release from CDFA.
Three finalists…one winner! Don’t miss out on this opportunity to be recognized as one the best in the bond finance industry. Join CDFA in celebrating the best practices in development finance!
Call for Entries
CDFA will accept entries to this competition through 5:00 pm EST on March 19, 2010. Late entries will not be accepted. In the continued spirit of CDFA’s dedication to going green, the Council will accept submissions via email only. All submissions should be prepared electronically. Hard copy submissions will not be accepted.
Entries should specifically address the agency’s bond financed deal and success story. CDFA is specifically interested in projects that have generated innovative outcomes, partnerships, made significant community improvements, or have used cutting edge financing structures. Deals of all sizes are encouraged to apply. The selection panel will weigh all submissions equally and base selections on effectiveness and impact. Small deals can make a large impact and large deals can fill a special niche. Private bond finance entities are encouraged to submit in partnership with local development finance agencies.
Entries must include the following:
- Executive summary of the deal
- Detailed description of the deal with history, success stories and financing structure
- Rational for deal success
- Marketing materials and internet links of note (if available)
- Explanations of any relationships, partnerships or collaborative efforts that make the deal special
- Description of how you would present your deal at the showcase at the Annual Summit (i.e. powerpoint, team presentation, single presenter, etc.)
Creative and innovative submissions are encouraged. Applicants should submit electronic submissions to Toby Rittner at trittner@cdfa.net.
No Application Fee
There is no application fee for submissions to the Practitioner’s Showcase. However, the three selected finalists will be required to register and attend the Annual Summit in Portland, OR. Travel and hotel expenses for the Annual Summit will not be covered by CDFA.
For questions or comments, contact Toby Rittner via email at trittner@cdfa.net.
Past Showcase Winners
2009 Practitioner's Showcase: Best Tax Credit Financed Project
National New Markets Fund LCC: Second Line Stages Project, New Orleans, LA
2008 Practitioner's Showcase: Best RLF Program
Downtown Development Corporation, Louisville, KY
2007 Practitioner’s Showcase: Best TIF Program
City of Gahanna, OH
2006 Practitioner’s Showcase: Best IDB Program
Arkansas Development Finance Authority, Little Rock, AR