The Council of Development Finance Agencies is pleased to announce the release of the 2018 CDFA Policy Agenda. The policy areas highlighted seek to address market-based challenges to capital formation, access, and private leverage. To view the agenda, click here.

Boynton Beach officials have given the final OK to pay about $118 million to redevelop 16 acres off Boynton Beach Boulevard into a pedestrian-friendly, town center to live, work and play.

The Department of Transportation has awarded $487 million of Transportation Investment Generating Economic Recovery (TIGER) grants to 41 highway, bridge, rail and other projects in 43 states.

The Public Finance Authority will issue $140 million of tax-exempt bonds on behalf of the Lombard Public Facilities Corporation to refinance the Westin Lombard Yorktown Center in Lombard, IL. The restructuring frees up money to reinvest millions in necessary facility upgrades and improvements to the hotel.

Lisa Hall, a Senior Fellow at Georgetown University's Beeck Center, explores the variety of ways Opportunity Zones can be used as a tool for community development, and not solely a tool for financial gains.

A plan is in place for the town council of South Windsor and the Connecticut Department of Agriculture to team up and purchase the development rights of prime Connecticut farmland for $724,000. Funding for the land would come from the $1.9M open space fund which was passed at referendum several years ago.

A 125-year-old institution in St. Paul, Minn., almost went extinct. That is until historic tax credits (HTCs) and new markets tax credits (NMTCs) helped to bring life back to the Minnesota Museum of American Art (the M). 

Property Assessed Clean Energy (PACE) was recently used to finance a new grocery store in St. Louis, Missouri. This represents the first project to use PACE financing for new construction in Missouri and also the first project to use PACE for new construction retail in the country.

Natchez moved a step closer toward the refinancing of more than $7 million in debt on the Natchez Convention Center. Natchez aldermen voted to hire an underwriter to aid in the refinancing and a "swap adviser" to terminate a complicated financial arrangement created in 2006 to allow the refinancing to proceed.

New Jersey lawmakers are tackling legislation that would create an easier path for developers to finance large-scale economic development projects with bonds. The state assembly has approved a bill  designed to let developers issue bonds through host municipalities backed by NJEDA.

CDFA needs your help to source deals, projects and programs and will be accepting submissions for potential deals, projects and program presentations. If selected, each speaker will be given one complimentary registration to attend the CDFA National Summit.

In this webinar, CDFA will convene transportation and infrastructure experts to discuss the financing tools available through the DOT. The main focus of the webinar will be on the Transportation Infrastructure Finance and Innovation Act (TIFIA), Transportation Investment Generating Economic Recovery (TIGER) Grants, and the Bicycle and Pedestrian Program.

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