National Development Finance Summit 2018

National Summit Agenda

Tuesday, November 6, 2018

Tue 8:00 AM
Registration Open
Stop by the CDFA Registration Desk to pick up your conference materials and name badges. All CDFA National Summit attendees, speakers, sponsors, and guests must check-in to receive access to any CDFA-related events in Dallas.
Tue 9:00 AM - 4:00 PM
CDFA EDA Revolving Loan Fund Training Course
Training Institute
The CDFA EDA Revolving Loan Fund Training Course is a two-day training course tailored to address the specific needs of EDA RLF Grantees. The course is based on CDFA's highly acclaimed Intro Revolving Loan Fund Course and offers an in-depth look at RLF program development, implementation and management.

Participants will learn the essential elements needed to operate a successful EDA RLF program with a focus on program design, marketing, management, loan underwriting and processing strategies, disclosure and monitoring, evaluations and program risk strategies.

In addition, the course will focus on highlighting the perspective of many different EDA RLF grantees who have experienced success with an emphasis on replicability and peer to peer learning. Each day will include presentations from RLF experts and EDA RLF grantee peers to encourage discussion and ongoing collaboration.

The CDFA EDA Revolving Loan Fund Training Course is being held as part of the CDFA EDA RLF Best Practices Program.

Wednesday, November 7, 2018

Wed 8:00 AM
Registration Open
Stop by the CDFA Registration Desk to pick up your conference materials and name badges. All CDFA National Summit attendees, speakers, sponsors, and guests must check-in to receive access to any CDFA-related events in Dallas.
Wed 8:00 AM - 12:00 PM
CDFA Board of Directors Meeting
Wed 9:00 AM - 5:00 PM
Opportunity Zones: Maximizing Impact in Your Community
Opportunity Zones
With the passage of the Tax Cuts and Jobs Act, Opportunity Zones have emerged as a transformative federal economic development tool that could improve the outcomes of distressed communities around the country. Now that all Opportunity Zones have been designated and Opportunity Funds are beginning to form, CDFA is coordinating with both states and local agencies to help them effectively navigate Opportunity Zones and use this tax incentive to spur investment in low-income areas. CDFA is leading the industry with resources and information on Opportunity Zones, and we encourage you to visit our Opportunity Zones Resource Center to learn more.

As a special offering of the CDFA National Summit, this Opportunity Zones event will bring together local communities, policy makers, and investors to discuss how to maximize the Opportunity Zones designations in low-income communities. National experts will be on hand for panel discussions, presentations, and workshops focused on how your community can take advantage of its Opportunity Zone designations, and how it can build strategies for identifying and working with Opportunity Fund investors.

Topics covered include:
  • The Latest on Opportunity Zones and Opportunity Funds
  • Where are Opportunity Zones
  • Who are Opportunity Fund Investors
  • Developing a Local Opportunity Zones Strategy
  • Development Finance Tools in Combination with Opportunity Zones

When registering for the CDFA National Summit, select the Opportunity Zones event to ensure there will be a seat reserved for you. Space is limited, and we encourage you to register today.
Wed 9:00 AM - 3:30 PM
CDFA EDA Revolving Loan Fund Training Course
Training Institute
The CDFA EDA Revolving Loan Fund Training Course is a two-day training course tailored to address the specific needs of EDA RLF Grantees. The course is based on CDFA's highly acclaimed Intro Revolving Loan Fund Course and offers an in-depth look at RLF program development, implementation and management.

Participants will learn the essential elements needed to operate a successful EDA RLF program with a focus on program design, marketing, management, loan underwriting and processing strategies, disclosure and monitoring, evaluations and program risk strategies.

In addition, the course will focus on highlighting the perspective of many different EDA RLF grantees who have experienced success with an emphasis on replicability and peer to peer learning. Each day will include presentations from RLF experts and EDA RLF grantee peers to encourage discussion and ongoing collaboration.

The CDFA EDA Revolving Loan Fund Training Course is being held as part of the CDFA EDA RLF Best Practices Program.
Wed 9:00 AM - 4:30 PM
Intro Housing Finance Course (Optional, Extra Fee Event)
Training Institute
The Intro Housing Finance Course will begin with an introduction to the complex world of housing including introducing attendees to the terminology and landscape of the housing space in community development. During this course, experts will walk through the multitude of diverse capital sources layered into housing deals based on the type of housing being developed. Attendees will lastly delve into innovative case studies from across U.S. of how investment in an effective housing financing strategy can help drive the success of local economic development. This is a special fee event and requires a separate registration.

Learn More
Intro Incentives Course (Optional, Extra Fee Event)
Training Institute
The Intro Incentives Course will examine the role of economic development incentives in conjunction with other development finance programs and explore how incentives can be used effectively and responsibly.

This course will consider how incentives are being used in today’s economic environment and outline steps that are being taken to reduce risk and achieve better outcomes. In particular, this course will address the characteristics of well-designed incentive programs and processes to ensure meaningful impact, value, and accountability. This is a special fee event and requires a separate registration.

Learn More
Wed 1:45 PM - 5:00 PM
Bishops Art Station Mobile Walking Tour (No Additional Fee, RSVP Required)
Mobile Tour
The recently completed Bishop Arts Station, in the Bishops Arts District of Dallas, includes 216 residential units, 27,300 square feet of ground floor retail space, and a streetcar plaza. Private investment for the project is estimated to have exceeded $50 million with support for the project including a TIF funding commitment up to $11.25 million and EB-5 funding in the form of a $13 million loan to partially finance construction. In addition, a $37.6 million investment in the Oak Cliff Streetcar connects downtown to the Bishop Arts area of Dallas. This mobile tour will involve approximately 1.5 miles of walking and use of the Dallas streetcar/DART, so please dress accordingly and bring appropriate footwear. Join our expert guides as you experience one of Dallas’ most vibrant neighborhoods! RSVP is required for this event and is limited to 25 participants.
Speaker(s)
Wed 6:00 PM - 7:30 PM
CDFA National Summit Kickoff Reception
Networking
In typical CDFA fashion and tradition, the 2018 National Development Finance Summit will kick-off with some great food, tasty drinks, and exciting entertainment at the beautiful Sheraton Dallas Hotel. The reception will be hosted in the Chaparral Room on the 38th floor with a nearly 360 degree view of downtown Dallas. Join your fellow CDFA friends and colleagues in a casual and festive National Summit atmosphere. Cowboy boots are optional! Welcome to the Lone Star State!

Thursday, November 8, 2018

Thu 8:00 AM
Registration Open
Stop by the CDFA Registration Desk to pick up your conference materials and name badges. All CDFA National Summit attendees, speakers, sponsors, and guests must check-in to receive access to any CDFA-related events in Dallas.
Thu 9:00 AM - 10:00 AM
CDFA Excellence in Development Finance Awards Breakfast
General
Jump start your day with an energizing breakfast that leads in to the CDFA Excellence in Development Finance Awards Ceremony. During the ceremony, you will learn about each winning deal and hear directly from the award recipients about their agency, career, program, or project. Mingle with the award winners, be inspired by their work and let that fuel you through the day as you participate in workshops and networking at the CDFA National Summit.
Moderator(s)
  • Toby Rittner, President & CEO, Council of Development Finance Agencies
Thu 10:15 AM - 11:00 AM
Breakout Sessions
Attendees can choose from one of the following five breakout sessions. Unable to attend one of these five? Don’t worry. Most of these sessions will be offered again during the CDFA National Summit giving you more choices in your educational selections.
Dallas Design District Neighborhood Transformation
Featuring: Texas
BondsTax Increment Finance
Cities across the country are experiencing a renaissance in their downtowns and are carefully looking at redeveloping old neighborhoods while maintaining a sense of place. The Dallas Design District is a prime example of how cities can approach urban revitalization in a fashion that melds with the existing urban fabric. Financing for this district included TIF, grants, and bonds to develop housing, retail, office, and public facilities. Listen as panelists describe the process of revitalizing this key downtown district.
Speaker(s)
Innovations in Tax Increment Finance
Featuring: Georgia
Tax Increment Finance
Tax Increment Finance has historically been used by communities throughout the country to channel funding toward improvements in distressed or underdeveloped areas where development would not otherwise occur. InvestAtlanta is pushing innovation in this tool through programs such as their Community Builders Pilot which aims to provide training and support to small developers as they lead revitalization projects throughout Atlanta. Listen as panelists discuss the ever expanding application of TIF in Atlanta.
Moderator(s)
Speaker(s)
Project Spotlight: Central Ohio Transit Authority C-Pass Initiative
Featuring: Ohio
Special Assessment
Special assessment districts continue to be an extremely diverse economic development tool and Columbus, Ohio is driving this innovation. Beginning on June 1, 2018 approximately 45,000 employees in downtown Columbus, Ohio received free access to all Central Ohio Transit Authority (COTA) bus fares from their employers. Financing for this initiative was largely provided by a special assessment placed on commercial property owners within the Capital Crossroads Special Improvement District. Join us as we discuss this innovation in special assessments and public transportation.
Speaker(s)
Project Spotlight: Financing the Icy Strait Point Cruise Ship Dock
Featuring: Alaska
Access to Capital
How can capital be assembled for multimillion dollar rural infrastructure projects? Alaska Industrial Development and Export Authority has created a successful model using federal, state, local, and private financing to construct the Icy Strait Point Cruise Ship Dock in Hoonah, Alaska. The construction of the dock has led to job creation and local sales tax growth in a community with a population of less than 1,000. Tune in to this session to hear about this innovative approach to financing large scale rural infrastructure.
Speaker(s)
  • Michael Catsi, Business Development and Communications Director, Alaska Industrial Development & Export Authority
Utilizing the HUD 108 Loan Program
Featuring: Florida and Pennsylvania
Federal
The Section 108 Loan Program is a uniquely flexible federal financing tool that enables communities around the country to invest in essential economic development, housing rehabilitation, and public facilities projects by transforming CDBG allocations into federally guaranteed loans. Learn the ins-and-outs of this innovative program with speakers from HUD and several communities that have utilized the HUD 108 Loan Program.
Speaker(s)
  • Bennett Hilley, Assistant Director, U.S. Department of Housing and Urban Development
  • Sherry Howard, Deputy Director, Palm Beach County
  • Sarah Stroney, Loan Officer, Philadelphia Industrial Development Corporation
Thu 11:15 AM - 12:00 PM
Breakout Sessions
Attendees can choose from one of the following five breakout sessions. Unable to attend one of these five? Don’t worry. All five of these sessions will be offered again during the CDFA National Summit giving you more choices in your educational selections.
Financing Hospitals and Health Care Facilities in Underserved Communities
Featuring: Massachusetts and Wisconsin
BondsHealth and Education
Community health facilities such as hospitals have very different financing needs than for-profit businesses. However their success stories prove that this financing model works. Join this panel of experts to discuss financings for the Tomah Memorial Hospital, Upland Hills Health, and Athol Memorial Hospital. You might just walk away with a plan for health facilities in your community.
Speaker(s)
  • Naomi Baruch, Vice President New Markets Tax Credits, MassDevelopment
  • Dennis Reilly, Executive Director, Wisconsin Health & Educational Facilities Authority
  • Robert Seega, Vice President, Investment Banking, MassDevelopment
Micro-Lending Academy
Featuring: California
Access to Capital
Microenterprise is a pivotal part of job creation and economic development, but existing lending organizations meet only about 0.10% of current microfinance needs. Microlending has been a high-touch, labor intensive endeavor, making it expensive and suppressing supply. However, new internet-based technology is changing the microlending process by bringing new players into the field and increasing competition for loan ready borrowers. Listen as speakers from the California Association for Micro Enterprise Opportunity (CAMEO) discuss their model for microlending organizations.
Speaker(s)
  • Carolina Martinez, Chief Executive Officer, California Association for Micro Enterprise Opportunity
  • Heidi Pickman, Associate Director, California Association for Micro Enterprise Opportunity
Project Spotlight: Artists for Humanity
Featuring: Massachusetts
Tax Credits
New Markets Tax Credits (NMTC) afford communities the opportunity to pursue projects capable of bridging economic, racial, and even social divisions. Artists for Humanity, a Boston based nonprofit focused on these issues, faced a large and growing demand for its programs that made it essential to expand. However, the organization was limited in its debt capacity and faced a significant financing gap. MassDevelopment was able to provide $10.9 million in NMTC despite the project not being in a Qualified Low Income Census Tract. Listen as we explore this uplifting and unique story about a premier Boston non-profit.
Speaker(s)
Project Spotlight: Food 21 - Controlled Environment Agriculture
Featuring: Pennsylvania
Food Finance
Food21 is a comprehensive initiative led by Peoples Energy to develop a network of commercial scaled Controlled Environment Agriculture (CEA) facilities. These facilities will be hubs for year-round production of a variety of vegetables and fruits as well as fresh fish. Multiple players in the food space are involved in this proof of concept that is bringing state of the art technology and research on CEA alongside a technical assistance and delivery center for local projects at both non-profits and area farms. Join panelists as they discuss the financing mechanisms that supported this innovative project.
Speaker(s)
Redevelopment of Rock Hill, SC
Featuring: South Carolina
BondsBrownfields
Rock Hill, South Carolina is rapidly becoming a competitive sports mecca. Recent projects have included the redevelopment of brownfield sites to soccer fields, softball fields, a velodrome, BMX biking facilities, and more. In addition, the city accessed bond financing to construct a state of the art 140,000 square foot indoor sports arena complete with 8 basketball courts and 16 volleyball courts. Listen as panelists discuss the financing story that has supported the development of Rock Hill’s sports economy and the myriad projects that have spun off of it.
Speaker(s)
  • Kevin Gremse, Senior Director, National Development Council
  • Harry Huntley, Executive Director, South Carolina Jobs Economic Development Authority
  • Stephen Turner, Executive Director, Rock Hill Economic Development Corporation
Thu 12:00 PM - 1:15 PM
2018 National Development Finance Summit Luncheon: Focusing on Food Systems
Food FinanceGeneral
CDFA sees the potential for the broadly defined food system to become a desired and performance driven asset class. Through collaboration between food system participants and development finance agencies, new investments can be catalyzed that will drive the creation of this asset class. CDFA is working closely with the W.K. Kellogg Foundation right now to further explore and define the opportunities for financing food systems. Join us as for a tasty lunch as we introduce you to the Pilot programs that CDFA is developing throughout the country to prove the financing model.
Moderator(s)
  • Toby Rittner, President & CEO, Council of Development Finance Agencies
Thu 1:30 PM - 3:00 PM
Breakout Sessions
Attendees can choose from one of the following five breakout sessions. These hour and a half sessions are specifically designed to provide a deep dive into the subject matter to provide in-depth learning opportunities.
Assembling Capital for Adaptive Reuse
Featuring: Connecticut and Ohio
Adaptive Reuse
Adaptive reuse is all about transformative impacts, and each project has a unique financing story. Panelists on this session have proven that derelict and dilapidated buildings can be given new life through careful planning and a dedicated effort to assembling the capital stack. Big and small communities alike can learn from the projects presented on the ProMedica Corporate Headquarters, Cleveland Athletic Club, and Ponemah Hills. Join our speakers to learn new approaches for adaptive reuse in your community.
Moderator(s)
Speaker(s)
Dallas Farmers Market Mobile Walking Tour (No Additional Fee, RSVP Required)
Mobile Tour
The $75.9 million redevelopment of the Dallas Farmers Market has been a key driver of Dallas’ downtown resurgence. Once completed, the redevelopment will boast a 24,000 square foot food hall, 119 stalls for local farmers and merchants, 16,000 square feet of retail, 300 apartments, a 6,300 square foot restaurant, and 25,000 square feet of commercial space. Public funding for the project totaled $28.4 million and was provided in the form of TIF, general obligation bonds, land sale proceeds and more. Join our expert guides for an exciting walking tour of this impactful new development. Participants should plan on walking roughly 1.5 miles so please bring appropriate footwear. RSVP is required for this event and is limited to 25 participants.
Speaker(s)
How to Capitalize a Revolving Loan Fund
Featuring: Colorado, Maryland, and Ohio
Access to Capital
Revolving Loan Funds (RLFs) are a key tool for supporting local small business development, but how are they capitalized? Some RLFs are funded completely with local public money, others seek private investments, and still others may seek grants from state or federal governments. Speakers on this session will introduce you to their loan programs with a unique focus on how they were capitalized. Innovative capitalization stories highlighted during this session include New Markets Tax Credits and State Lottery Funds.
Speaker(s)
PACE and Energy Efficiency Market Update
Featuring: Colorado, District of Columbia, and Kentucky
Energy
Energy efficiency financing is a growing sector of development finance. During this session, panelists will discuss the various models, including PACE, which they have created to further drive and support energy efficiency financing. Learn what has made their programs successful and the steps that were necessary to bring them to scale. What works? What doesn’t? Learn answers to these questions and more as we explore the diverse landscape that exists for financing energy efficiency upgrades.
Moderator(s)
Speaker(s)
Taking the Mystery Out of Conduit Bonds
Featuring: Nebraska, Oregon, Texas, and Wisconsin
Bonds
What is a conduit bond? How does it work? Who benefits? These are common questions when first learning about conduit bonds. Listen as experts in tax exempt bond finance discuss the life cycle of a project, from initial introduction through closing. This informative discussion will identify the concerns of all party’s involved in transactions and outline how ultimately the bond financing is a win-win for the local municipal issuer, bank, and borrower. Several case studies will enhance your learning including the financing of the Jefferson Energy Transload Facility, Prairie Catalytic, and Red Rock Biofuels.
Moderator(s)
Speaker(s)
Thu 3:30 PM - 5:00 PM
Breakout Sessions
Attendees can choose from one of the following five breakout sessions. These hour and a half sessions are specifically designed to provide a deep dive into the subject matter to provide in-depth learning opportunities.
Disaster Recovery through Brownfield Redevelopment
Featuring: Puerto Rico and Missouri
Brownfields
Even in stable real estate markets, the financial challenges of transforming brownfields sites often prevent them from becoming the economic recovery drivers that they have proven to be. When disaster strikes, the stakes are even higher. In this session, we’ll examine two community brownfield projects that are complicated by different types of disasters: Puerto Rico 127 Corridor and Dellwood, MO. Join us to hear how these communities are approaching recovery through careful brownfield redevelopment planning and learn about the financing strategies that are being undertaken to create opportunities for long-term economic benefit.
Moderator(s)
  • Emily Moser, Director, Research & Technical Assistance, Council of Development Finance Agencies
Speaker(s)
  • Cordaryl Patrick, Economic Recovery Coordinator, St. Louis Economic Development Partnership
  • David Southgate, Special Advisor, Center for Creative Land Recycling
Exploring Local PACE Programs
Featuring: Connecticut, Ohio, and Texas
Energy
Property Assessed Clean Energy (PACE) programs provide capital for building projects to improve energy efficiency, install renewable energy components, and conserve water. PACE financing is paid off through a special assessment on the property that lasts 20-25 years. Texas, Connecticut, and Toledo, Ohio operate some of the best PACE programs in the nation. Considering establishing a PACE program in your community? Attend this session to learn the approaches that these agencies took to build their PACE programs.
Moderator(s)
Speaker(s)
Leveraging Multiple Federal Programs
Featuring: District of Columbia and New Jersey
Federal
There are more than 150 federal financing programs specifically focused on development finance, many of which can be combined on the same project. Navigating the landscape of federal programs can be difficult, but our speakers are ready to help you understand the process. Listen as speakers from USDA, FHWA, and HUD discuss their various financing programs. As an added bonus, this panel will include experienced attorneys who understand how to dovetail these programs together to get complex projects completed.
Moderator(s)
Speaker(s)
Public Private Partnership Basics
Bonds
What circumstances lend themselves to successful P3's? How can public jurisdictions best balance risk and reward? During this session, panelists will explore the best use of both public and private financing methods; and most importantly, how we fit these alternative approaches into various contexts? Listen and learn from these P3 experts, and you might just walk away with a new financing approach for your projects.
Moderator(s)
Speaker(s)
Thu 5:00 PM - 6:00 PM
CDFA Project Marketplace
Marketplace
The CDFA National Summit is a deal-making event at its core. The CDFA Project Marketplace brings this theme to the forefront by featuring projects in search of financing with special presentations, and CDFA National Summit participants are invited to comment on each project and offer technical assistance about potential solutions.

The Marketplace was created with an understanding that it is often difficult to bring the public- and private- sectors together in the same place, and harder still to have each engage in an open discussion about development finance projects. The Marketplace provides an initial platform for those introductions and connections to be made. It also provides communities with a better understanding of the financing resources available to them for their potential projects.

Register to Participate
Thu 5:00 PM - 6:30 PM
Drinks With Toby
Networking
Drinks with Toby is a fun and casual way to end the day at the CDFA National Summit. Join Toby Rittner, CDFA's President & CEO, for an early evening reception and share your stories about what you've learned at the CDFA National Summit so far. Come for the networking, stay for the drinks!
Thu 6:30 PM
Dallas Dining Adventures
Networking
Dining in Dallas is an unforgettable experience. Dallas is rife with highly trained, world-class chefs who excel in all areas of cuisine. CDFA has secured several reservations at exclusive Dallas restaurants on Thursday, November 8 for groups of 4-8.

Most reservations will occur at 7:00 PM. Please arrive in the hotel lobby 30 minutes prior to your reservation time so that CDFA can help assemble your dinner group. All participants are required to pay for their own meal and transportation to and from the restaurant.

Friday, November 9, 2018

Fri 8:00 AM
Registration Open
Stop by the CDFA Registration Desk to pick up your conference materials and name badges. All CDFA National Summit attendees, speakers, sponsors, and guests must check-in to receive access to any CDFA-related events in Dallas.
Fri 8:30 AM - 10:00 AM
Breakfast with an Expert
GeneralNetworking
Are you looking for “eggs”cellent advice? Grab a delicious breakfast as you join the development finance industry’s leading minds for one-on-one discussions. Interested in finding out if your project qualifies for bonds, tax increment finance, tax credits, or several other key financing tools? Pre-schedule a meeting with an expert to discuss how to improve your financing programs or find the gap in your project. Visit the CDFA Registration Desk to inquire about openings if you didn’t pre-schedule your meeting.
Fri 10:00 AM - 12:00 PM
CDFA EDA RLF Peer-to-Peer Learning Exchange
EDA RLF grantees are invited to join CDFA as we host an in-person CDFA EDA RLF Peer-to-Peer Learning Exchange Workshop. During this workshop exchange participants will share progress on their workplans and hold general discussions on best practices, themes and trends. This session is for EDA RLF grantees only.
Resurgence of Downtown Dallas Mobile Walking Tour (No Additional Fee, RSVP Required)
Mobile Tour
Beginning in the mid 1980’s, downtown Dallas experienced an exodus of companies from their downtown locations to newer, campus-type suburban corporate office development. Over the past 10-12 years, similar to the urban core of cities across the nation, downtown Dallas has experienced a resurgence in population, development, and enhanced cultural and entertainment opportunities. In Dallas, the trend toward mixed use development and urban living coupled with aggressive public investment by the City has spurred the redevelopment of millions of square feet of vacant office space downtown. Join our expert guides for a walking tour of several key downtown Dallas projects. Participants should plan to walk roughly 1.5 miles so please bring appropriate footwear. RSVP is required for this event and is limited to 25 participants.
Speaker(s)
Fri 10:15 AM - 11:00 AM
Breakout Sessions
Attendees can choose from one of the following five breakout sessions. Most of these sessions are repeated from Thursday morning giving you more choices in your educational selections.
Historic Redevelopment in Dallas
Featuring: Texas
Adaptive ReuseTax Increment Finance
Historic redevelopment is key to revitalizing downtown districts without disrupting the sense of place. Dallas remains committed to their historic downtown structures and is creating innovative financing strategies to give them new life in the 21st century. Redeveloped structures are largely mixed-use and often include space for office, retail, restaurants, and even housing. Interested in learning how Dallas approaches historic redevelopment? Join us for this session to hear about the redevelopment of the Old Dallas High School.
Speaker(s)
Innovations in Tax Increment Finance
Featuring: Georgia
Tax Increment Finance
Tax Increment Finance has historically been used by communities throughout the country to channel funding toward improvements in distressed or underdeveloped areas where development would not otherwise occur. InvestAtlanta is pushing innovation in this tool through programs such as their Community Builders Pilot which aims to provide training and support to small developers as they lead revitalization projects throughout Atlanta. Listen as panelists discuss the ever expanding application of TIF in Atlanta.
Moderator(s)
Speaker(s)
Project Spotlight: Central Ohio Transit Authority C-Pass Initiative
Featuring: Ohio
Special Assessment
Special assessment districts continue to be an extremely diverse economic development tool and Columbus, Ohio is driving this innovation. Beginning on June 1, 2018 approximately 45,000 employees in downtown Columbus, Ohio received free access to all Central Ohio Transit Authority (COTA) bus fares from their employers. Financing for this initiative was largely provided by a special assessment placed on commercial property owners within the Capital Crossroads Special Improvement District. Join us as we discuss this innovation in special assessments and public transportation.
Speaker(s)
Project Spotlight: Financing the Icy Strait Point Cruise Ship Dock
Featuring: Alaska
Access to Capital
How can capital be assembled for multimillion dollar rural infrastructure projects? AIDEA has created a successful model using federal, state, local, and private financing to construct the Icy Strait Point Cruise Ship Dock in Hoonah, Alaska. The construction of the dock has led to job creation and local sales tax growth in a community with a population of less than 1,000. Tune in to this session to hear about this innovative approach to financing large scale rural infrastructure.
Speaker(s)
  • Michael Catsi, Business Development and Communications Director, Alaska Industrial Development & Export Authority
Utilizing the HUD Section 108 Loan Program
Featuring: Florida and Pennsylvania
Federal
The Section 108 Loan Program is a uniquely flexible federal financing tool that enables communities around the country to invest in essential economic development, housing rehabilitation, and public facilities projects by transforming CDBG allocations into federally guaranteed loans. Learn the ins-and-outs of this innovative program with speakers from HUD and several communities that have utilized the HUD 108 Loan Program.
Speaker(s)
  • Bennett Hilley, Assistant Director, U.S. Department of Housing and Urban Development
  • Sherry Howard, Deputy Director, Palm Beach County
  • Sarah Stroney, Loan Officer, Philadelphia Industrial Development Corporation
Fri 11:15 AM - 12:00 PM
Breakout Sessions
Attendees can choose from one of the following five breakout sessions. All of these sessions are repeated from Thursday morning giving you more choices in your educational selections.
Financing Hospitals and Health Care Facilities in Underserved Communities
Featuring: Massachusetts and Wisconsin
BondsHealth and Education
Community health facilities such as hospitals have very different financing needs than for-profit businesses. However their success stories prove that this financing model works. Join this panel of experts to discuss financings for the Tomah Memorial Hospital, Upland Hills Health, and Athol Memorial Hospital. You might just walk away with a plan for health facilities in your community.
Speaker(s)
  • Naomi Baruch, Vice President New Markets Tax Credits, MassDevelopment
  • Dennis Reilly, Executive Director, Wisconsin Health & Educational Facilities Authority
  • Robert Seega, Vice President, Investment Banking, MassDevelopment
Micro-Lending Academy
Featuring: California
Access to Capital
Microenterprise is a pivotal part of job creation and economic development, but existing lending organizations meet only about 0.10% of current microfinance needs. Microlending has been a high-touch, labor intensive endeavor, making it expensive and suppressing supply. However, new internet-based technology is changing the microlending process by bringing new players into the field and increasing competition for loan ready borrowers. Listen as speakers from the California Association for Micro Enterprise Opportunity (CAMEO) discuss their model for microlending organizations.
Speaker(s)
  • Carolina Martinez, Chief Executive Officer, California Association for Micro Enterprise Opportunity
  • Heidi Pickman, Associate Director, California Association for Micro Enterprise Opportunity
Project Spotlight: Artists for Humanity
Featuring: Massachusetts
Tax Credits
New Markets Tax Credits (NMTC) afford communities the opportunity to pursue projects capable of bridging economic, racial, and even social divisions. Artists for Humanity, a Boston based nonprofit focused on these issues, faced a large and growing demand for its programs that made it essential to expand. However, the organization was limited in its debt capacity and faced a significant financing gap. MassDevelopment was able to provide $10.9 million in NMTC despite the project not being in a Qualified Low Income Census Tract. Listen as we explore this uplifting and unique story about a premier Boston non-profit.
Speaker(s)
Project Spotlight: Food 21 - Controlled Environment Agriculture
Featuring: Pennsylvania
Food Finance
Food21 is a comprehensive initiative led by Peoples Energy to develop a network of commercial scaled Controlled Environment Agriculture (CEA) facilities. These facilities will be hubs for year-round production of a variety of vegetables and fruits as well as fresh fish. Multiple players in the food space are involved in this proof of concept that is bringing state of the art technology and research on CEA alongside a technical assistance and delivery center for local projects at both non-profits and area farms. Join panelists as they discuss the financing mechanisms that supported this innovative project.
Speaker(s)
Redevelopment of Rock Hill, SC
Featuring: South Carolina
BondsBrownfields
Rock Hill, South Carolina is rapidly becoming a competitive sports mecca. Recent projects have included the redevelopment of brownfield sites to soccer fields, softball fields, a velodrome, BMX biking facilities, and more. In addition, the city accessed bond financing to construct a state of the art 140,000 square foot indoor sports arena complete with 8 basketball courts and 16 volleyball courts. Listen as panelists discuss the financing story that has supported the development of Rock Hill’s sports economy and the myriad projects that have spun off of it.
Speaker(s)
  • Kevin Gremse, Senior Director, National Development Council
  • Harry Huntley, Executive Director, South Carolina Jobs Economic Development Authority
  • Stephen Turner, Executive Director, Rock Hill Economic Development Corporation