CDFA Ohio Financing Roundtable Newsletter - June 2014

CDFA Ohio Financing Roundtable Newsletter - June 2014
June 11, 2014



Feature
Tax Increment Financing: Tweaking TIF for the 21st Century This informative Urban Land Institute (ULI) piece, featuring CDFA President & CEO Toby Rittner and several CDFA members, explores the transformative use of tax increment finance across the country and the reemergence of this tool as key development driver post-recession. Overviews of Chicago, Atlanta and the California story demonstrate the evolving and comprehensive ability of TIF to drive economic development and community transformation. CDFA Ohio Conference Agenda Announced Check out the topics to be discussed at CDFA's annual Ohio Financing Roundtable Conference on September 9 in Columbus. The event will feature two tracks of sessions focused on various development finance tools and best practices. Ohio Sets Up New Regs for JEDZ The Vindicator reports on a new law in Ohio that eliminates the creation of Joint Economic Development Zones (JEDZs) in townships and municipalities. Under the law, existing JEDZs may remain in place. Treasury Announces $3.5B in NMTC Awards This Award Book provides an overview of the CDEs awarded in the 2013 round of New Markets Tax Credits from the CDFI Fund, including RBC Community Development from Ohio. CDFA Announces Scholarship Program Interested in attending an upcoming CDFA event? Check out our new CDFA Scholarship Program to see if you qualify for assistance in attending State Roundtables, the National Development Finance Summit, or CDFA Training Institute courses.
Upcoming Events
2014 Ohio Financing Roundtable Conference September 9, 2014 - Columbus, Ohio Agenda Now Available Online Join the CDFA Ohio Financing Roundtable for our sixth annual conference focused on "Development Finance Best Practices: Programs and Tools that Work." This one-day conference will feature a number of economic development finance experts and leaders from around the state discussing new development finance tools, resources, authorities and approaches, and how these methods can move Ohio's economy forward.
Ohio News
NMTC Awards Bypass NE Ohio, Financing Gets Tougher Cleveland Plain Dealer \| Jun. 10 \| Community Development \| Tax Credits \| U.S. Dept. of Treasury CDFI Fund Biotech Company Expands with $200K from Third Frontier Dayton Business Journal \| Jun. 6 \| Access to Capital \| Innovation Finance \| State Finance Program Federal Disaster Loans for Storm-Damaged OH Counties WBNS-10TV \| Jun. 6 \| Access to Capital \| Disaster Recovery & Relief \| U.S. Small Business Administration (SBA) McLane Gets $4.5M in State Aid for Food Distribution The Courier \| Jun. 5 \| Food Systems Finance \| State Finance Program State OKs $405K for Advanced Manufacturing Dayton Daily News \| Jun. 5 \| Innovation Finance \| Reshoring Manufacturing \| State Finance Program Cleveland Utilities Hopes to Save $431K in SRF Loan Plan Cleveland Daily Banner \| Jun. 3 \| Access to Capital \| Infrastructure Finance \| Revolving Loan Funds (RLFs) Developer Challenges Use of Cincinnati TIF Fund WCPO \| Jun. 3 \| Economic Development \| Local Finance Program \| Tax Increment Finance (TIF) Report: Alarming Lack of Early Stage Funding in Ohio Cincinnati Enquirer \| Jun. 2 \| Access to Capital \| Innovation Finance Columbus Gives Brownfield Grants for Abandoned Properties WBNS 10 \| Jun. 2 \| Brownfield Financing \| Community Development \| Local Finance Program \| Redevelopment Cincinnati City Council Strikes Deal on Port Authority Funding Cincinnati Business Courier \| May. 30 \| Bond Finance \| Infrastructure Finance \| Local Finance Program \| Member News Salem, OH Gets Federal Funds for Brownfield Cleanup WKBN 27 \| May. 29 \| Brownfield Financing \| Redevelopment \| Revolving Loan Funds (RLFs) \| U.S. Environmental Protection Agency (EPA) First 12 IMCP Communities Announced Dept. of Commerce \| May. 29 \| Community Development \| Economic Development \| Local Finance Program \| Urban Development \| U.S. Economic Development Administration (EDA) \| U.S. Dept. of Housing & Urban Affairs (HUD) \| U.S. Dept. of Agriculture (USDA) \| U.S. Small Business Administration (SBA) \| U.S. Dept. of Transportation (DOT) \| National Science Foundation (NSF) \| Federal \| U.S. Dept. of Commerce (DOC) \| U.S. Dept. of Defense (DOD) $50M Venture Capital Sapling Fund LP Launches in Columbus Intercooler \| May. 23 \| Access to Capital \| Economic Development \| Innovation Finance Port of Cleveland: $110M in Bonds for American Greetings WKYC 3 \| May. 22 \| Bond Finance \| Economic Development \| Member News Finance Fund Secures $10.5M to Rehab Historic School Columbus Business First \| May. 21 \| Community Development \| Member News \| Redevelopment \| Tax Credits \| U.S. Dept. of Treasury CDFI Fund Icebreaker Wind Farm Project Fails to Catch Federal Grant Bricker & Eckler \| May. 19 \| Energy Finance \| Green Finance \| U.S. Dept. of Energy (DOE) Massive Columbus Historic Neighborhood Restoration Begins Columbus Dispatch \| May. 16 \| Access to Capital \| Community Development \| Foundations \| Redevelopment \| Tax Credits \| Urban Development >>> SEARCH HEADLINES
New Additions to the Online Resource Database
Small Towns, Big Ideas: Case Studies in Small Town Economic Development Access to Capital \| Economic Development \| Local Finance Program \| Public-Private Partnership (P3) Financing \| Redevelopment \| Rural Development The North Carolina Rural Economic Development Center released this report to help small towns create new economic opportunities, learn about successful revitalization strategies, and explore alternative project financing approaches. Improving Infrastructure Through Public Private Partnerships Infrastructure Finance \| Local Finance Program \| Public-Private Partnership (P3) Financing \| State Finance Program \| Federal The Eno Center for Transportation released this report with policy recommendations for making public-private partnerships (P3) an effective means of delivering public infrastructure from the federal and local level. SSBCI Venture Capital Program Best Practices Access to Capital \| Economic Development \| Innovation Finance \| Recommended Practices \| State Finance Program \| U.S. Dept. of Treasury \| Federal This guidebook from SSBCI offers best practices for State Venture Capital Programs to stimulate and support private investment over time. Included are recommendations for program design and implementation. >>> SEARCH ONLINE RESOURCE DATABASE
Sponsors
Annual Roundtable Sponsor Conference Premium Sponsor Conference Supporting Sponsor For information about sponsoring the CDFA Ohio 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.