CDFA is proud to release its 2017 Policy Agenda. Our agenda outlines numerous recommendations to some of the nation's most difficult development finance issues, and we hope that Congress and the Administration will use our recommendations as a roadmap to improvements in these areas. To read The Bond Buyer's overview, click here.

No specific projects have been identified, but city and Downtown Danville Inc. officials see some of the initial focus of a downtown Tax Increment Financing (TIF) District being on more façade grants and grants to assist in converting upper story spaces into residential living units.

A $7 billion borrowing proposal to help pay down Illinois' record $11 billion unpaid bill backlog offers a more affordable alternative to the current 9% to 12% rate the state is racking up on its late payments.

Illinois' film industry generated $499 million in estimated Illinois spending, a 51 percent increase over the same period last year. This adds to the 18 percent increase that was seen in 2015. 

The NMTC Coalition is sending a letter to Congress urging leadership to protect the New Market Tax Credit. Please consider signing their letter if you support this important development tool.

In coming weeks, the village will borrow $18 million via a bond issue to be provided to Regency. The annual bond and interest payments of about $2 million would be paid from TIF district proceeds, which at build-out are estimated at $2.4 million per year.

Join the CDFA Illinois Financing Roundtable on May 2, 2017 for a special one-day conference hosted at the offices of Seyfarth Shaw LLP in Chicago. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Illinois economy going forward.

Register today to reserve your spot at the 2017 CDFA Illinois Financing Roundtable Conference.

The Intro Tax Credit Finance WebCourse examines the application of tax credit programs in greater economic development finance efforts. This course will discuss the practical application of tax credit programs including brownfields, new markets, low income housing, historic preservation, and state-specific programs.

February 23, 2017 - 12:00 - 5:00 PM Eastern
CDFA is excited to offer the Brownfields Project Marketplace as an opportunity for communities to receive free technical assistance related to the redevelopment and financing of brownfield projects. Join us online on February 23, to consult with financing professionals and brownfield project experts who can help identify potential resources for your brownfield project.

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