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CDFA Georgia Financing Roundtable Newsletter - April 2016

CDFA Georgia Financing Roundtable Newsletter - April 2016
April 27, 2016
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CDFA Georgia Financing Roundtable Newsletter

Feature

$2B GM Redevelopment Would Expand Dekalb Co, GA Tax-Base
The proposed redevelopment of the Doraville GM plant could increase the plants tax value by $750 million. The project's development has been stalled by a dispute between Dekalb County officials over a proposed TAD to fund the construction.

Invest Atlanta Tentatively OKs $57.6M in Bonds and Incentives
Invest Atlanta's board voted 3-1 in favor of an "inducement" resolution declaring an intent to issue up to $55 million in bonds to finance a 21-story, 333-room hotel at Marietta and Baker streets.

Hampton, GA Officials Approve Incentive-Laden Enterprise Zone
Hampton Council members approved the creation of an enterprise zone that will allow new businesses to receive tax and fee reductions for occupational taxes, building permits, planning and zoning, engineering, and business licenses.

Canton, GA Council to Vote on Historic District
Canton officials are set to vote on whether to approve the creation of a historic district  If the measure is approved, business owners could receive low-interest loans and federal tax credits for the rehabilitation of their historic properties.

Douglas Co., GA Officials to Vote on Foxhall Project
The Douglas County Board of Commissioners is set to vote on a major resort development at the Foxhall Resort & Sporting Club. If approved, the $150 million project would be financed through EB-5 funds, revenue bonds, and a PILOT program.

Atlanta Joins Wave of Airports Boosting Capital Spending
To keep pace with rising passenger and aircraft demands, the ATL will need a new, sixth runway and a new concourse – both estimated to cost nearly $2 billion – as well as a $500 million hotel and mixed-use commercial complex.

Upcoming Events

CDFA Georgia Conference
Thursday, June 16, 2016 - Atlanta, GA
Join CDFA for the fourth annual Georgia Financing Rountable Conference on June 16 in Atlanta. With new partner GEDA, the 2016 Georgia Conference will be an opportunity for you to meet with your colleagues from around the state, network with development finance experts & discover financing solutions to meet the economic development challenges your community faces.

This year's conference will focus on a number of critical topics in the development finance industry including examining the powers & financing capacities of development authorities across the state of Georgia. The conference also features a session on the expansion of oppportunities for public-private partnerships in Georgia and what they are able to finance. Check out the 2016 Georgia Financing Roundtable Conference webpage to find what the conference as to offer.

CDFA Spotlight

Announcing the Continuation of Scholarship Program Presented by PFM
The CDFA Scholarship Program, Presented by Public Financial Management, Inc., is designed to support members and non-members who cannot afford the cost of registration fees. Scholarships are available for several different types of CDFA events, including the National Summit, CDFA Training Institute Courses, and State Roundtable Conferences. View the scholarship application to learn more about requirements and available scholarships.

Georgia News

Alpharetta, GA Council Reviews $228M in Possible Projects
Atlanta Journal-Constitution | Apr. 24 | Infrastructure Finance | Local Finance Program

Greystone Expands EB-5 Regional Center Through Southeast
Globe Newswire | Apr. 24 | Access to Capital | EB-5 Visa | U.S. Citizenship and Immigration Services (USCIS)

March 2016 Tax Credits & Incentives Update
Lexology | Apr. 21 | Incentives | Legislative | State Finance Program | Tax Credits

Bond Resolution Adopted by DAMBC Officials
Union-Recorder | Apr. 19 | Bond Finance | Local Finance Program | Member News

USDA Funds to Bolster Local Food Systems
US Department of Agriculture | Apr. 6 | Food Systems Finance | U.S. Dept. of Agriculture (USDA)

Federal, Philanthropic Partners Strengthen Local Food Supply Chains
USDA | Apr. 4 | Food Systems Finance | Rural Development

Byron, GA Council Buys Industrial Lots for $300K
The Macon Telegraph | Mar. 30 | Economic Development | Local Finance Program

Duluth Expands Downtown Development Authority Area
Atlanta Journal Constitution | Mar. 30 | Local Finance Program | Special Assessment Districts | Tax Increment Finance (TIF)

Roswell, GA City Council Votes to Continue Redevelopment Project
Atlanta Journal Constitution | Mar. 30 | Infrastructure Finance | Local Finance Program | Redevelopment


Sponsors

Venue Sponsor

Seyfarth Shaw LLP

Conference Premium Sponsor

Development Authority of Fulton County

Conference Supporting Sponsor

Federal Home Loan Bank of Atlanta

For information about sponsoring the CDFA Georgia 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.


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


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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
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
Become a Sponsor