CDFA Pennsylvania Financing Roundtable Newsletter - September 2012

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CDFA Pennsylvania Financing Roundtable Conference - Register Today
November 14, 2012
Join the CDFA Pennsylvania Financing Roundtable for a one-day conference on "Advancing Development Finance in the Commonwealth." This event will feature economic development finance experts from around Pennsylvania discussing new development finance tools, authorities, and approaches and how these can affect the Commonwealth's economy going forward. The conference will be held at the Hilton in Harrisburg. Register today to reserve your spot.

City's Arena Block to Cost $272M
Neighborhood Improvement Zone revenue is central to Allentown's planned arena district. The Morning Call breaks down the development plans and financing.

First Industries Tourism Program Guidelines
The Pennsylvania Dept. of Community & Economic Development created these guidelines for a multi-part planning grant and loan or guarantee to support tourism-focused economic development projects.

PA Makes Loans to Three Manufacturers
Three PIDA loans made earlier this month are expected to retain or create over 550 jobs and support nearly $8 million in private investment, as reported by the Pennsylvania DCED.

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| CDFA Spotlight |
Sponsor the CDFA Pennsylvania Financing Roundtable
Support the roundtable and put your organization in front of the Commonwealth's development finance industry by sponsoring the 2012 CDFA Pennsylvania Financing Roundtable Conference. Three levels of sponsorship provide excellent coverage and benefits.

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| Pennsylvania News |
Allegheny County, PA Plans $169M GO Sale
The Bond Buyer | Sep. 26 | Bond Finance
Board OKs Tax Incentive for Plant
Erie Times-News | Sep. 24 | Tax Increment Finance (TIF) | Member News
Banks Ramp Up Their Muni Holdings
The Bond Buyer | Sep. 24 | Bond Finance
PFA Closes Bond Issuance for Airport Facilities Co.
Public Finance Authority | Sep. 21 | Bond Finance | Infrastructure Finance
Cuts Could Push BABs Off Fiscal Cliff
The Bond Buyer | Sep. 18 | Bond Finance | Legislative
City Wants to Look at Tax Deal to Help Pay for School
Express-Times | Sep. 18 | Tax Increment Finance (TIF) | Bond Finance | Local Finance Program
PA, NJ Authorities Ready Bonds for Schools
The Bond Buyer | Sep. 18 | Bond Finance | Member News
Report: Issuers' Annual Auditing Delays Persist
The Bond Buyer | Sep. 18 | Bond Finance
Strained Cities Look to Service Sharing for Savings
The Bond Buyer | Sep. 17 | Bond Finance | Local Finance Program
EDA Grants to Help NY, PA, VT with Economic Recovery
NBC 34 | Sep. 14 | Economic Development | U.S. Economic Development Administration (EDA) | Federal
Cities Cut Personnel, Projects and Pass Low Point
The Bond Buyer | Sep. 14 | Local Finance Program | Bond Finance | Infrastructure Finance
House Committee Approves Municipal Advisor Bill
The Bond Buyer | Sep. 13 | Bond Finance | Legislative
USDA Announces Funding to Support Business Growth in Rural Areas
U.S. Department of Agriculture | Sep. 13 | Access to Capital | Member News | Revolving Loan Funds (RLFs) | Rural Development | U.S. Dept. of Agriculture (USDA) | Federal
PA Biopharma Firm to Expand, Create 151 New Jobs
Enquirer Herald | Sep. 12 | Access to Capital | State Finance Program | Tax Credits
Coaxing Foreigners to Bet on U.S. Entrepreneurs (Again)
Bloomberg Businessweek | Sep. 12 | EB-5 Visa | Access to Capital | U.S. Citizenship and Immigration Services (USCIS) | Federal | International
MSRB Expands Online Toolkit for State and Local Governments
Municipal Securities Rulemaking Board | Sep. 10 | Bond Finance | Federal
Despite Loses, City Can Point to Dozens of Successful Loans
Express-Times | Sep. 10 | Access to Capital | Revolving Loan Funds (RLFs) | Local Finance Program
Third Circuit: Tax Credit Investor Not a Partner, Cannot Take Rehabilitation Tax Credits
Ballard Spahr | Sep. 10 | Tax Credits | U.S. Dept. of Interior - National Park Services (NPS) | Federal
How Can Pittsburgh Improve City for Startups Ranking?
Loan Safe | Sep. 6 | Innovation Finance | Access to Capital | Local Finance Program
City Moves Ahead with Bond Financing for Arena
Lehigh Valley Business | Sep. 4 | Bond Finance
Cracker Plant Tax Break May Leave Schools with Crumbs
Pittsburgh Post-Gazette | Sep. 4 | State Finance Program | Tax Abatements | Tax Increment Finance (TIF) | Economic Development
Packaging Facility to Bring 280 Jobs
Lehigh Valley Business | Sep. 1 | State Finance Program | Access to Capital | Tax Credits | Economic Development
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| New Additions to the Online Resource Database |
Combining TIF with Other Tools: East Liberty Case Study
Tax Increment Finance (TIF) | Infrastructure Finance
Michael Pehur of Duane Morris Government Strategies discusses a tax increment finance case study of multiple funding sources contributing to transit-oriented development.
Banking on Infrastructure: Enhancing State Revolving Funds for Transportation
Infrastructure Finance | State Finance Program | Access to Capital | Revolving Loan Funds (RLFs) | Bond Finance
This report from Robert Puentes and Jennifer Thompson at the Brookings Institution covers models for strengthening state programs to finance infrastructure development.
U.S. Public Finance Special Tax Methodology
Bond Finance | Tax Increment Finance (TIF)
This methodology from Moody's describes the ratings agency's approach to evaluating the credit of Special Tax Bonds.
EPA Guidelines for Brownfields Revolving Loan Fund Grants
Brownfield Financing | U.S. Environmental Protection Agency (EPA) | Federal | Access to Capital | Revolving Loan Funds (RLFs)
This document from the U.S. EPA provides guidance on submitting proposals for a grant to capitalize a brownfields revolving loan fund.
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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
85 E. Gay Street, Suite 700
Columbus, OH 43215
(614) 224-1300
info@cdfa.net
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