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CDFA Tax Increment Finance Update - April 12, 2016

Tax Increment Finance Update
April 12, 2016
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Tax Increment Finance Update

Features

EIFDs Growing in Popularity
A California tool known as Enhanced Financing Improvement Districts are growing in popularity, reports California Economic Summit. There are an estimated 60 projects under construction across California using EFIDs as a way of funding projects.

Nashville, TN Approves New Rules for Development Incentives
As reported by The Tennessean, new rules are on the way in Nashville for a type of financial incentive that Metro government commonly gives developers.

Council Members Seek to Restore Downsized St. Petersburg Pier
According to the Tampa Bay Times, a new pier in St. Petersburg, FL that sits in the Intown Community Redevelopment Area is slated to get $50 million in TIF funds.

Magnolia Market, Altura Lofts Back for More TIF Incentive Funds
The runaway success of Magnolia Market at the Silos has caused city officials in Waco, TX to consider giving another dose of funding from downtown Tax Increment Financing Zone fund to help build lighted sidewalks and bury overhead wires, according to wacotrib.com.

Council Grants $6M in TIF Funds for Development in Rapid City, SD
The Rapid City Council recently created a tax-increment financing district for the Buffalo Crossing development, as reported by Rapid City Journal. The TIF will provide $5 million in property-tax revenue for public infrastructure projects on the site.

Enroll Now! CDFA Brownfields Project Marketplace in Tampa, FL - May 4
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 May 4 in Tampa, FL to consult with financing professionals and brownfield project experts who can help identify potential resources for your brownfield project.

Upcoming Events
Intro Tax Increment Finance Course
Tax Increment Finance News

La Grange Park Mulling TIF Districts
Chicago Tribune | Apr. 7 | Tax Increment Finance (TIF)

Historic-Rehabilitation Tax Credits Provide 'Win-Win' in OK
NONDOC | Apr. 7 | Tax Credits | Tax Increment Finance (TIF)

$350K in TIF Funds to be Used for Street Improvements
Gazette Xtra | Apr. 7 | Tax Increment Finance (TIF)

Douglas Co., GA Officials to Vote on Foxhall Project
Times-Georgian | Apr. 5 | Bond Finance | EB-5 Visa | Special Assessment Districts | Tax Increment Finance (TIF)

St. Paul City Council Supports Special Tax District to Redevelop Old Ford Plant Site
KSTP | Apr. 4 | Tax Increment Finance (TIF)

Fort Lauderdale, FL Audits CRA
Florida Bulldog | Apr. 4 | Local Finance Program | Special Assessment Districts | Tax Increment Finance (TIF)

Cotton Mill Marketplace TIF Progressing
Starkville Daily News | Apr. 1 | Tax Increment Finance (TIF)

City Council Approves TIF for MIxed-Use Development on Depot Ave.
WBIR | Mar. 31 | Tax Increment Finance (TIF)

Bids, Bonds Affirmed by Coldwater Council
The Daily Reporter | Mar. 31 | Bond Finance | Local Finance Program | Tax Increment Finance (TIF)

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

SC CCED Grants 200K to Abbeville County for Facility Development
The Index-Journal | Mar. 29 | Incentives | Infrastructure Finance | State Finance Program | Tax Increment Finance (TIF)

Warner Robins, GA Takes Next Step in Redevelopment Plan
13 WMAZ News | Mar. 29 | Redevelopment | Special Assessment Districts | Tax Increment Finance (TIF)



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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