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CDFA Washington Financing Roundtable Newsletter - April 2016

CDFA Washington Financing Roundtable Newsletter - April 2016
April 20, 2016
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CDFA Washington Financing Roundtable Newsletter

Feature

Spokane, WA Microloan Program Targets Young Entrepreneurs
A new Spokane microloan program called Young Entrepreneur Power is offering loans of $300-2,500 to entrepreneurs between the ages of 18-24. YEP is sponsored through SNAP and HUD grants, as well as through local credit unions.

WEDFA, DoC Offer Renewable Energy Manufacturing Program
The REMP consists of two main elements: WEDFA Bonds and an interest cost subsidy on those bonds from the Dept. of Commerce. To qualify, a project should be a manufacturing and energy production support facility.

WA CERB Approves $172K in Infrastructure Finance
The Washington State Community Economic Revitalization Board has approved $172,500 for infrastructure development and feasibility studies for the Jamestown S'Klallam Tribe, Port of Port Angeles, Kalispel Tribe of Indians, and City of Colfax.

Impact Investing Comes to Eastern Washington
Intermountain Impact Investments, located in Walla Walla, is providing low-interest financing to groups that strengthen and sustain rural communities.

Aberdeen, WA Redevelopment Receives Additional $550K
The Washington State supplemental capital budget approved $550,000 for the Gateway Center Redevelopment Project. The total project is expected to cost upwards of $8 million.

Developers of Tacoma, WA Town Center Seek EB-5 Funds
The mixed-use, Tacoma Town Center Project is being marketed heavily to Chinese EB-5 investors by North America Asset Management Group. NAAMG is based in Wuhan, China.

Kresge Community Finance RFP
Kresge Community Finance is a $30 million program-related investment finance offering to certified CDFIs and quasi-public or private DFAs. The foundation will select applications through a competitive Request-for-Proposals (RFP).

Upcoming Events

CDFA Brownfields Financing Webinar: Reaching Your Redevelopment Goals With Revolving Loan Funds
Thursday, April 21, 2016 from 2:00 – 3:30pm EST
Join CDFA, EPA, and experienced brownfield communities as we discuss the key features of a successful Brownfield Revolving Loan Fund and the commonalities and challenges associated with implementing this underutilized financing resource. Learn how even the most challenged or understaffed communities can implement Revolving Loan Fund loans and sub-grants. 

CDFA Washington Conference
Tuesday, October 11, 2016 - Seattle, WA
Join the CDFA Washington Financing Roundtable for the second annual conference on October 11, 2016. 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 Washington economy going forward.

The conference will take place at the Sheraton Seattle Hotel in Seattle, Washington and is supported by dozens of the state's finest development finance leaders. Register today to reserve your spot at the 2016 CDFA Washington Financing Roundtable Conference.

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.

Washington News

Seattle Officials Seek Designer for $20M Street Upgrade
Daily Journal of Contractors | Apr. 19 | Infrastructure Finance | Local Finance Program | Redevelopment

State Incentives May Keep Ferndale, WA Smelter Open
The Bellingham Herald | Apr. 19 | Incentives | Legislative | State Finance Program

Seattle, WA and Indio, CA Projects Are Unique P3 Models
The Bond Buyer | Apr. 14 | Bond Finance | Infrastructure Finance | Public-Private Partnership (P3) Financing

Energy Northwest to Sell $500M in Aa1 Refunding Bonds
The Bond Buyer | Mar. 24 | Bond Finance | Energy Finance

To TIF or Not to TIF
WYPR | Mar. 16 | CDFA Original Research | Incentives | Local Finance Program | Tax Increment Finance (TIF)


Sponsor

Conference Premium Sponsor

Kutak Rock LLP

For information about sponsoring the CDFA Washington 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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