CDFA Illinois Financing Roundtable Newsletter - October 2015

CDFA Illinois Financing Roundtable Newsletter - October 2015
October 14, 2015



Feature
Appellate Court Upholds TIF District Levy and Collection of Taxes The Illinois Appellate Court recently addressed the adequacy of a TIF district's financial statements as well as when a TIF district's authority to collect taxes terminates, according to JD Supra. State Tax Credit and Incentive Update - September 2015 The National Law Review breaks down the latest events in tax credits and incentives news by state. Topics covered include recipients, case law, legislative, regulative and gubernatorial updates. Chicago Infrastructure Trust Turns to Streetlamps for Next Endeavor The Chicago Infrastructure Trust is soliciting help from the private sector as it takes the first steps toward a public-private partnership to upgrade the City's and Chicago Park District public lighting systems, according to The Bond Buyer. Springfield, IL Announces New Small Business Loan Fund Springfield is now home to a small-business micro-lending program aimed at helping entrepreneurs launch and grow their ventures. The initiative, called the Springfield Area Microloan Fund, will be run by the Office of Planning and Economic Development, according to The State Journal-Register. Plainfield Talks Reinstating Impact Fees, Economic Incentive Policy According to The Herald-News, officials in Plainfield, IL may bring back residential impact fees for new home construction. In 2010, the village halted fees totaling $6,750 a home.
Upcoming Events
CDFA National Development Finance Summit Join CDFA in Charleston, South Carolina for the 2015 National Development Finance Summit! Hosted by the South Carolina Jobs-Economic Development Authority (JEDA), the CDFA National Summit brings together the leaders and dealmakers in the development finance industry to discuss best practices, trends, and project financing solutions.
Illinois News
Murphysboro, IL TIF District Bringing in New Business WSIL \| Oct. 8 \| Tax Increment Finance (TIF) \| Local Finance Program At Five-Year Mark, SSBCI Closing in on Full Disbursement ABA Banking Journal \| Oct. 6 \| State Small Business Credit Initiative (SSBCI) \| U.S. Dept. of Treasury Nearly $1.1B Unspent in Water Infrastructure Program The Orange County Register \| Sep. 28 \| Federal \| Infrastructure Finance \| Revolving Loan Funds (RLFs) \| U.S. Environmental Protection Agency (EPA) EPA Announces $13.2M in Brownfield Funds Across the Country EPA \| Sep. 24 \| Access to Capital \| Brownfield Financing \| U.S. Environmental Protection Agency (EPA) Chicago Budget Doesn't Affect Rating: S&P The Bond Buyer \| Sep. 24 \| Bond Finance \| Economic Development \| Local Finance Program Chester City Council Approves New TIF Agreement with Hotel Group The Randolph County Herald Tribune \| Sep. 23 \| Tax Increment Finance (TIF) Shovel-Ready Lots Available in Freeport's Burchard Hills TIF District Journal Standard \| Sep. 21 \| Access to Capital \| Tax Increment Finance (TIF) FL Courts Now Set to Weigh Two Competing Solar Ballots Greentech Media \| Sep. 16 \| Energy Finance \| Green Finance \| State Finance Program Aurora Seeks Refinancing of Public Safety Center Bonds Chicago Tribune \| Sep. 11 \| Bond Finance \| Infrastructure Finance >>> SEARCH HEADLINES
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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.