CDFA Pennsylvania Financing Roundtable Newsletter - July 2017
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Early Bird Rates End This Friday for CDFA Summer School
August 7-11, 2017 - Minneapolis, MN
CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the Development Finance Certified Professional (DFCP) Program. Join us in Minneapolis, and start down the road to personal and professional advancement. Courses include: Fundamentals of Economic Development Finance, Intro Bond Finance, Intro Brownfields Finance, Intro Energy and Water Finance, and Intro Revolving Loan Fund.
PIDA Loan Rates Dropped to Two Percent
"PIDA is offering this reduced interest rate for a limited time to encourage businesses to make investments and grow jobs in the commonwealth," said Department of Community and Economic Development Secretary Dennis Davin.
Southwestern PA Awarded $1.8M to Examine Brownfield Sites
The assessments involve examining the brownfield sites for signs of contamination such as unhealthy vegetation and exposed pipes as well as compiling and reviewing public records of the properties. Testing for contaminants, including for petroleum, may also take place.
City Center Closes $210M Tax-Exempt Bond Sale in Allentown, PA
The bonds were sold through the Allentown Neighborhood Improvement Zone Development Authority, enabling City Center to take advantage of the public authority's tax-exempt status. City Center CEO J.B. Reilly said that tax-free status would help save the city's largest developer $40 to $50 million in interest payments over the 25-year life of the bonds.
Northampton County P3 Transaction Overview
Northampton County, PA is the first for a Pennsylvania municipality employing a public-private partnership model for the replacement and rehabilitation of county bridges. This overview from Norris McLaughlin & Marcus outlines the project and the structure of the financing for the project.
Chester, PA Announces "Community-Based" P3
The city, which is about 18 miles south of Philadelphia, has a combined sewer-stormwater system — and has until 2018 to come up with a plan to minimize flooding and eliminate sewage overflow into the Delaware River and other waterways. To do so, they've turned to private company Corvias.
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Upcoming Events |
CDFA Summer School
August 7 - 11, 2017 - Minneapolis, MN
CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program.
CDFA // BNY Mellon Webcast Series: 2016 Volume Cap Report and Mid-Year Capital Markets Review
August 22, 2017 - 1:00 PM Eastern
During this installment of the CDFA//BNY Mellon Development Finance Webcast Series, we'll take a mid-year look at the capital markets, consider the financing trends that volume cap data is showing us, and discuss what you can expect during the last months of 2017.
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Pennsylvania News |
Four New PA Small Business Projects Receive Approval
PA DCED | Jul. 5 | Access to Capital
Bethlehem, PA Extends Tax Incentive That is Credited with Creating 4K Jobs
Lehigh Valley Live | Jun. 30 | Brownfield Financing
Lehigh Valley Organizations Allotted $1.45M to Spur Economic Growth
Lehigh Valley Business | Jun. 30 | Economic Development | Revolving Loan Funds (RLFs)
State Grant Supports Solar Panel Installation on Freight Transportation Building
Solar Industry Magazine | Jun. 21 | Energy Finance
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Sponsors |
Premium Sponsor
For information about sponsoring the CDFA Pennsylvania Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
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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.
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Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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