CDFA Pennsylvania Financing Roundtable Newsletter - April 2014

CDFA Pennsylvania Financing Roundtable Newsletter - April 2014
April 30, 2014



Feature
Lawmakers Push for Permanent Rule Tightening at DRPA The Inquirer reports on a rare bistate effort, in which Pennsylvania and New Jersey officials proposed an overhaul of the Delaware River Port Authority to ban economic-development spending and increase public accountability. DCED Awards Bethlehem Grant for Neighborhood Improvements According to the Pennsylvania DCED website, Gov. Corbett announced that the DCED awarded the City of Bethlehem a $225K Keystone Communities grant to support neighborhood improvements to attract visitors and new businesses and improve the overall quality of life for the residents of the City. DCED Brings Brazil-based Torcomp USA to Franklin County Area Development has reported the Pennsylvania DCED offered a funding proposal including a $75K Pennsylvania First Program grant to the Brazil-based Torcomp USA, a company with plans to create at least 73 jobs over the next three years. PA Historic Preservation Tax Credit Program Guidelines The Pennsylvania Department of Community and Economic Development released rules for its new state historic tax credit. These guidelines give an overview of the program, along with eligibility requirements and how to apply.
Upcoming Events
2014 CDFA Pennsylvania Roundtable Conference June 12, 2014 - Pittsburgh, PA Join the CDFA Pennsylvania Financing Roundtable for a one-day conference focused on "Catalyzing New Opportunities and Innovation in Development Finance." This event will feature a number of economic development finance experts from around the state discussing new development finance tools, authorities, resources and approaches, and how these methods can affect the Pennsylvania economy going forward.
Pennsylvania News
Cumberland County Commissioners Approve Messiah College Bond The Sentinel \| Apr. 29 \| Bond Finance \| Infrastructure Finance \| Local Finance Program PA Offering Tax Credit for Historic Structures Pottstown Post \| Apr. 28 \| Access to Capital \| Redevelopment \| State Finance Program \| Tax Credits PIDA Brings Ocean Spray to Lehigh Valley Philadelphia Business Journal \| Apr. 25 \| Economic Development Congressional Inaction Threatens Bridge Repair The Bond Buyer \| Apr. 25 \| Infrastructure Finance \| Legislative DRPA's Bond Sale Drew on Connected Firms - Legally Philly.com \| Apr. 25 \| Access to Capital \| Bond Finance \| Infrastructure Finance First Changes in Lancaster's New CRIZ Lancaster Online \| Apr. 25 \| Economic Development \| Local Finance Program \| Tax Increment Finance (TIF) Obama Preparing Transportation Plan The Hill \| Apr. 23 \| Infrastructure Finance \| Legislative \| Federal USDA Supports Water Quality Projects in 40 States & Puerto Rico U.S. Department of Agriculture \| Apr. 23 \| Access to Capital \| Infrastructure Finance \| Rural Development \| U.S. Dept. of Agriculture (USDA) \| Federal New MSRB Rule for Municipal Advisors Establishes Fee MSRB \| Apr. 23 \| Federal \| Municipal Securities Rulemaking Board (MSRB) Treasury Creating Office for State and Local Finance The Bond Buyer \| Apr. 22 \| Bond Finance \| U.S. Dept. of Treasury \| Federal SBA Just Made It Easier to Secure a Loan The Washington Post \| Apr. 22 \| Access to Capital \| U.S. Small Business Administration (SBA) \| Federal Allentown Businesses Draft Neighborhood Partnership Program The Morning Call \| Apr. 22 \| Community Development \| Local Finance Program PA Historic Preservation Tax Credit Application Available Pennsylvania DCED \| Apr. 22 \| Community Development \| Redevelopment \| State Finance Program \| Tax Credits $5.5M NMTC to Help Fund Mixed-Use Redevelopment in Reading WFMZ 69 \| Apr. 21 \| Redevelopment \| Tax Credits \| U.S. Dept. of Treasury CDFI Fund Rule Change Should Aid Small Business The Davis Clipper \| Apr. 21 \| Access to Capital \| U.S. Small Business Administration (SBA) \| Federal MSRB Files New Rule for Municipal Advisors The Bond Buyer \| Apr. 21 \| Federal \| Municipal Securities Rulemaking Board (MSRB) PEDA 2014-15 Legislative Priorities Digital Journal \| Apr. 17 \| Economic Development \| Legislative \| State Finance Program Brownfields Bill Moves Through Senate Committee Smart Growth America \| Apr. 17 \| Brownfield Financing \| Legislative \| U.S. Environmental Protection Agency (EPA) \| Federal SBA May Request $1.5B Bump in Lending Authority Fierce Government \| Apr. 16 \| Access to Capital \| U.S. Small Business Administration (SBA) \| Federal >>> SEARCH HEADLINES
New Additions to the Online Resource Database
Pittsburgh Opera LEED Case Study Green Finance The Urban Redevelopment Authority of Pittsburgh provides this case study on Pittsburgh Opera's green initiative to acquire Leadership in Energy and Environmental Design (LEED) Operations and Maintenance Certification for their headquarters. Costs and Benefits of Natural Gas Development Case Study Economic Development \| Energy Finance This report from the Pennsylvania Budget and Policy Center (PBPC) documents the impacts that gas drilling has had on the county economy, roads, housing, social services, schools, and hospitals. The report is part of a larger Multi-State Shale Research Collaborative examination of the social costs of gas drilling in rural communities. >>> SEARCH ONLINE RESOURCE DATABASE
Sponsors
Venue Sponsor Annual Roundtable Sponsor Conference Supporting Sponsor For information about sponsoring the CDFA Pennsylvania 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.