About

Advocacy

Events

Membership

Sponsor

Education

Newsletters

Resources

Technical Assistance

×

Development Finance Review Weekly - September 29, 2016

Development Finance Review Weekly
September 29, 2016
Subscribe
View Archives
CDFA Development Finance Review Weekly

Feature

CO Offers $12M in Incentives to Companies with High-Paying Jobs
Colorado Economic Development Commission members approved more than $12 million in job-growth incentives for six different companies, including several whose average salary would exceed $100,000 if they were to accept the tax credits and grow their work force in Colorado.

EB-5 Extended through Dec. 9
The Senate passed a continuing resolution to fund the federal government through December 9. The CR includes a short term extension of the EB-5 program.

NM Mineral Company Ends Revenue Bonds with County
Intrepid Potash has terminated two Industrial Revenue Bonds issued to them by Eddy County, New Mexico in 2009 and 2010 for a combined $150 million.

GAO: States Lack Funding for Bridge Maintenance
The Government Accountability Office states that state and local transportation depts. lack the funding to adequately maintain highway bridges.

Renovate America Completes $320M PACE Securitization
Renovate America, a provider of residential PACE financing, announced the closing of its eighth securitization of PACE bonds – the largest such deal completed by any issuer and a designated green bond.

MI Considering Tax Incentives for Large-Scale Brownfield Development
Major brownfield development projects in Michigan may soon get a boost from a five-bill Senate package that would allow developers to capture state sales and income taxes, according to Crain's Detroit Business.

Aided by Public Incentives, South Billings. MT Becoming Hot Spot
Tax increment financing is one of few tools available to economic development groups to attract new business. In South Billings, it seems to be working.

Will Tax Abatement Disclosures Change Incentive Use?
Elected officials and community groups are demanding better data on incentive costs and benefits. New tax abatement disclosure rules for state and local government (GASB 77) are one manifestation of this trend toward greater transparency and accountability in incentive use.

Upcoming Events
CDFA's 30th National Development Finance Summit
News from The Bond Buyer

The latest municipal finance headlines from The Bond Buyer.

What Hurdles Are Faced by Infrastructure Projects?
Infrastructure projects in the U.S. are plagued by long pre-construction periods, an under-utilization of the public-private partnership financing model, and an inability to both gain public support and access capital, a panel of market participants said this week.

DC Water Closes Historic Deal
The DC Water and Sewer Authority closed on a historic deal Thursday, issuing the nation's first Environmental Impact Bond to fund the initial green infrastructure project in its DC Clean Rivers Project.

CDFA is proud to partner with The Bond Buyer as our Official Media Sponsor. Read more about this partnership and all of its benefits here.

Upcoming Webcasts

CDFA // BNY Mellon Webcast Series: Immigrant & Refugee Financing Strategies
October 18, 2016 - 1:00 pm Eastern
Without credit history or a business track record, lenders are traditionally hesitant to lend to immigrants and refugees. So, how do immigrants and refugees secure financing? How do immigrants get access to affordable and flexible capital for starting a business? This month during the CDFA // BNY Mellon Development Finance Webcast Series, our expert speakers will discuss their approach to providing capital for immigrants and refugees.

CDFA // BNY Mellon Webcast Series: Post-Election Development Finance Landscape
November 15, 2016 - 1:00 pm Eastern
With the 2016 elections now behind us, it's time to evaluate the current development finance landscape and unpack how the election results will affect our industry going forward. Learn from CDFA's Capitol Hill insiders about the post-election development finance landscape.

This Week's Headlines

NE Farm Bureau Fighting Community College Bonds
The Bond Buyer | Sep. 29 | Bond Finance | Agriculture Finance

Investors Demand North Carolina Repeal Anti-LGBT Law
The Bond Buyer | Sep. 29 | Bond Finance | Legislative | State Finance Program

Nashville's $6B Transit Plan Advances
The Bond Buyer | Sep. 29 | Bond Finance | Infrastructure Finance

American Dream Bond Sale Staves Off Court Challenge
The Bond Buyer | Sep. 29 | Bond Finance

City Council Gives its Blessing to Fall River Bond Requests, TIFs
The Bond Buyer | Sep. 29 | Bond Finance | Tax Increment Finance (TIF)

CO Enterprise Fund Gets $2.4M to Help Small Businesses
Denver Business Journal | Sep. 29 | Community Development | Economic Development | Food Systems Finance

ConAgra Moves to IL Despite Receiving Less Incentives
Omaha World-Herald | Sep. 29 | Incentives | Tax Credits

CA Pacific Ethanol to Use PACE for $10M Solar Project
Sacramento Business Journal | Sep. 27 | Bond Finance | Energy Finance | Green Finance

Meadowlands Mega-Mall Wins Bond-Market Subsidy It Long Coveted
Bloomberg | Sep. 26 | Bond Finance | Economic Development

MO Senator Says Boeing Shouldn't Get Tax Credits
Mid-Missouri Public Radio | Sep. 26 | Economic Development | Tax Credits

St. Louis Development Seeks $19.4M TIF
St. Louis Business Journal | Sep. 26 | Economic Development | Tax Credits | Tax Increment Finance (TIF)

Kansas City Plans a Major Bond Issue to Pay for Large-Scale Infrastructure Improvement
The Kansas City Star | Sep. 26 | Bond Finance | Infrastructure Finance

MO County Buys Macy's Building, Seeks Blighting Study
St. Louis Post-Dispatch | Sep. 26 | Economic Development | Redevelopment | Special Assessment Districts | Tax Increment Finance (TIF)

Lansing Red Cedar Project Seeks $35M in Bonds
Lansing State Journal | Sep. 26 | Bond Finance

Boston Capital Invests $7.1M in the Rehab of Two AZ Developments
Affordable Housing Finance | Sep. 26 | Economic Development | Redevelopment | Tax Credits

$23M WHEFA Bond Financing Helps Beloit College Refinance
WHEFA | Sep. 26 | Bond Finance

Transformational Brownfield Bills Hit Status Quo
The Detroit News | Sep. 23 | Brownfield Financing | Tax Credits | Tax Increment Finance (TIF)

Huntington Works on Plan for Brownfield Properties
Herald-Dispatch | Sep. 23 | Brownfield Financing


Job & RFP Postings

Hiring: Senior Analyst - HR&A Advisors

Hiring: Economic Development Director - Concord, NH

National Sponsor Spotlight

Kutak Rock LLP Kutak Rock LLP
Kutak Rock LLP is a national law firm of more than 500 lawyers with offices from coast to coast. The firm's primary practice concentrations are business and corporate law, public finance, litigation and real estate law, with numerous areas of...
MB Financial Bank, NA MB Financial Bank, NA
MB Financial Bank offers a full range of financial services including personal, business and commercial banking. They have proudly served Chicago for over 100 years.
McGuireWoods McGuireWoods
With 1000 lawyers and 21 strategically located offices worldwide, McGuireWoods LLP, uses client-focused teams to serve public, private, government and nonprofit clients from virtually every area of the law.

Partner Spotlight

informANALYTICS by Center for Governmental Research informANALYTICS by Center for Governmental Research
The Center for Governmental Research (CGR) is a nonprofit organized under section 501(c)(3) of the Internal Revenue Code. CGR brings expertise to issues spanning economics and public finance, government management, health and human services and...

CDFA Bookstore

Cover thumbnail Advanced Bond Finance Reference Guide
The Advanced Bond Finance Reference Guide is written for professionals who already have an understanding of tax-exempt financing and seek detailed instruction on complex financing techniques.

New Members

Colin Baenziger & Associates - Daytona Beach Shores, FL

Statewide Ambulette Service - Crestview Hills, KY

The Huntington Investment Company - OH - Columbus, OH

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.

Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


Install CDFA's iOS appInstall CDFA's Android app

Archives

Displaying 1 - 30 of 784

May 2, 2024
April 25, 2024
April 18, 2024
April 11, 2024
April 4, 2024
March 28, 2024
March 21, 2024
March 14, 2024
March 7, 2024
February 29, 2024
February 22, 2024
February 15, 2024
February 8, 2024
February 1, 2024
January 25, 2024
January 18, 2024
January 11, 2024
January 4, 2024
December 28, 2023
December 21, 2023
December 14, 2023
December 7, 2023
November 30, 2023
November 23, 2023
November 16, 2023
November 9, 2023
November 1, 2023
October 26, 2023
October 19, 2023
October 12, 2023




CDFA National Sponsors

  • Alliant Insurance Services, Inc.
  • BNY Mellon
  • Bricker Graydon LLP
  • Business Oregon
  • CohnReznick
  • Frost Brown Todd LLP
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
Become a Sponsor