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Practitioner's Guide to Economic Development Finance 2nd Edition

About the Practitioner's Guide

The Practitioner's Guide to Economic Development Finance 2nd Edition is the only comprehensive resource 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. From bonds, tax increment finance and special districts to tax credits, seed & venture capital, revolving loan funds and much more, this Guide outlines the financing tools required for succeeding in today's competitive economic development climate.

By utilizing the toolbox approach, economic development practitioners, public officials and private sector leaders can harness the full spectrum of the development finance industry to support business growth, build public financing capacity, increase investment and secure redevelopment and development projects. Backed by a series of finance agency case studies, the Practitioner's Guide demonstrates how communities are capitalizing on this toolbox theme and successfully employing these economic development finance concepts and practices.

The Practitioner's Guide is the primary curriculum for CDFA's Fundamentals of Economic Development Finance Course.

Chapter 1: Understanding Development Finance

Covering: What is Development Finance and Why is it Important? Trends in the Industry and the Financing Spectrum

Chapter 2: Building the Development Finance Toolbox

Covering: The Toolbox Approach, Capacity Building & Funding Programs and Public Policy Goals

Chapter 3: Bedrock Tools

Covering: Bonds, Public-Private Partnerships and the Basics of Public Finance

Chapter 4: Targeted Tools

Covering: Tax Increment Finance, Special Assessment Districts, Government Districts, Project Specific District Financing and Tax Abatements

Chapter 5: Investment Tools

Covering: Tax Credits and the EB-5 Immigrant Investor Program

Chapter 6: Access to Capital Lending Tools

Covering: Revolving Loan Funds, Mezzanine Funds, Loan Guarantees, Microenterprise Finance, Seed & Venture Capital and Angel Funds

Chapter 7: Federal Support Tools

Covering: Federal Economic Development Programs

Chapter 8: Implementing the Development Finance Toolbox

Covering: Strategies for Success & Best Practice Case Studies of Agencies Utilizing the Toolbox Approach



CDFA National Sponsors

  • Baker Tilly Virchow Krause
  • BNY Mellon
  • Bricker & Eckler LLP
  • Bryan Cave Leighton Paisner LLP
  • Business Oregon
  • CohnReznick
  • FBT Project Finance Advisors LLC
  • Fifth Third Bank
  • Frost Brown Todd, LLC
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McCarter & English, LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • SB Friedman Development Advisors
  • Stern Brothers
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
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