CDFA Illinois Financing Roundtable Newsletter - September 2014

CDFA Illinois Financing Roundtable Newsletter - September 2014
September 10, 2014



Feature
Setting Hooks Deep: TIF Districts Bet on Future The recent Dixon, IL TIF district, which provides for downtown streetscape improvements, serves as a backdrop for this SaukValley.com article exploring aspects of TIF deals and funding. States Try to Make it Easier to Raise Money with Crowdfunding To date, thirteen states plus D.C. have passed laws or regulations allowing startups to use crowdfunding to raise money from investors with less red tape than companies with shareholders, according to GOVERNING. East St. Louis Port Project Breaks Ground with $7M P3 Deal According to the National Council for Public-Private Partnerships, a major P3 deal has finally come together to build a road, rail lines and utilities that set the stage for the future Port of East St. Louis. Chicago Motor Club Building Speaks for Historic Tax Credits The Chicago Tribune reports on the redevelopment happening at the Chicago Motor Club building, and how similar developments are dependent upon the federal historic tax credit.
Upcoming Events
Exploring Clean Energy Finance in Illinois Wednesday, October 15 Throughout Illinois, there are endless opportunities to improve the energy landscape through financial mechanisms. Both energy efficiency projects and renewable energy installations can leverage various financing tools to maximize investment, embrace new technologies, and scale growth of the sector. Tune in for this webcast as our expert panel explores ways to maximize clean energy finance in Illinois.
Illinois News
Future TIF Districts Could Help Fund Springfield Schools ABC 20 WICS \| Sep. 9 \| Local Finance Program \| Redevelopment \| Tax Increment Finance (TIF) Decatur, IL is in the Jobs Game Herald-Review \| Sep. 4 \| Economic Development \| State Finance Program Better by Design: Tax Credits' Structure Provides Superior Results Novogradac & Co. \| Sep. 3 \| Tax Credits \| U.S. Dept. of Housing & Urban Affairs (HUD) \| U.S. Dept. of Treasury \| U.S. Dept. of Interior - National Park Services (NPS) \| Federal Tax Credits from DCEO, Schools Assist Expansion in Decatur Herald-Review \| Sep. 2 \| Economic Development \| Local Finance Program \| State Finance Program \| Tax Credits \| Tax Abatements Edwardsville, IL OKs Enterprise Zone Boundaries The Edwardsville Intelligencer \| Aug. 29 \| Economic Development \| Local Finance Program \| Tax Abatements Cities to Compete for $45M Innovation Grants GOVERNING \| Aug. 28 \| Access to Capital \| Foundations \| Innovation Finance \| Urban Development Preservation Group to Congress: Save Historic Tax Credit Syracuse Post-Standard \| Aug. 27 \| Legislative \| Redevelopment \| Tax Credits \| Federal Supporting Small Businesses through Economic Development Offices Cities Speak \| Aug. 22 \| Crowdfunding \| Innovation Finance \| Member News \| U.S. Small Business Administration (SBA) Tilton, IL Approves New TIF District The Commercial-News \| Aug. 22 \| Local Finance Program \| Tax Increment Finance (TIF) Freeport Plans for TIF Redevelopment The Journal-Standard \| Aug. 20 \| Infrastructure Finance \| Redevelopment \| Tax Increment Finance (TIF) Commentary: New Markets Tax Credit Reports Ignore Success New Markets Tax Credit Coalition \| Aug. 20 \| Economic Development \| Legislative \| Tax Credits \| U.S. Dept. of Treasury CDFI Fund \| Federal U.S. Dept. of Energy Seeking Green Applicants for Loan Programs U.S. Dept. of Energy \| Aug. 15 \| Access to Capital \| Energy Finance \| Green Finance \| U.S. Dept. of Energy (DOE) \| Federal PDC Capital Group Taps EB-5 to Fund $750M in Assisted Living Senior Housing News \| Aug. 15 \| Access to Capital \| Community Development \| EB-5 Visa EPA Announces $11M for Brownfields Environmental Protection Agency \| Aug. 15 \| Brownfield Financing \| U.S. Environmental Protection Agency (EPA) \| Federal South Chicago Suburbs Consider P3 for Water System Southtown Star \| Aug. 14 \| Infrastructure Finance \| Local Finance Program \| Public-Private Partnership (P3) Financing >>> SEARCH HEADLINES
New Additions to the Online Resource Database
Investing in Manufacturing Communities Partnership Factsheet: Chicago Metro Metal Consortium Reshoring Manufacturing \| U.S. Economic Development Administration (EDA) This factsheet from the U.S. Economic Development Administration outlines the partner organizations involved in the Chicago metro region Manufacturing Community, including their vision and strategies to strengthen their competitive edge for attracting global manufacturer and supply chain investments. P3 Issues and Considerations Infrastructure Finance \| Local Finance Program \| Public-Private Partnership (P3) Financing Practical Law Finance discusses public private partnerships (P3s) including when they should be used to develop infrastructure projects. This resource also discusses the most commonly used P3 structures, alternatives and how infrastructure projects (including those using a P3 structure) are typically financed. >>> SEARCH ONLINE RESOURCE DATABASE
Sponsors
Venue Sponsor Annual Roundtable Sponsor Conference Supporting Sponsor For information about sponsoring the CDFA Illinois Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
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.