CDFA California Financing Roundtable Newsletter - June 2014

CDFA California Financing Roundtable Newsletter - June 2014
June 25, 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 and Fresno State to Offer Development Finance Training July 22-24 CDFA, Fresno State University, and the California Association for Local Economic Development have partnered to bring specialized development finance training to the campus of Fresno State University. The courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Register today to take advantage of this special training opportunity. Historic Preservation Tax Credit Passes CA Assembly The Speaker of the California Assembly authored AB 1999, which will offer a 25 percent tax credit for most renovations of registered historic buildings if passed. The bill passed the Assembly with a unanimous 75-0 vote. 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. California's Redevelopment Resurrection? Stephen Greenhut and City Journal provide commentary on TIF and CRA policy in California, including a history of events and a prediction for how Infrastructure Financing Districts may make a return.
Upcoming Events
PACE: California's Energy Tool for the 21st Century June 25, 2014 The CDFA California Financing Roundtable in partnership with CALED will present a webcast dedicated to PACE financing. Building on the success of the 2013 "PACE Financing in the Golden State" webcast, presenters will dive deeper to explore the potential for maximizing this tool in California. 2014 CDFA California Financing Roundtable Conference October 9, 2014 - Long Beach Join CDFA and CALED for the California Financing Roundtable Conference on October 9, 2014 as we focus on "Financing Economic Development: Best Practices & Steadfast Programs." This one-day event will feature a number of economic development finance experts and leaders from around the state discussing development finance tools, resources, authorities, and approaches and how these methods can move California's economy forward. CDFA is excited to partner with CALED to host this specialized initiative for the economic development and project finance professionals in the state. The event will be held at the Hotel Maya in Long Beach. Register today to reserve your spot at the 2014 California Financing Roundtable Conference.
California News
Senators to Introduce Ex-Im Bank Reauthorization The Hill \| Jun. 24 \| Access to Capital \| Legislative \| Export Import Bank of the United States (Ex-Im Bank) \| Federal DOE Announces $3.2M for Clean Energy Incubator Fierce Energy \| Jun. 24 \| Energy Finance \| Green Finance \| U.S. Dept. of Energy (DOE) \| Federal First Round of California Competes Tax Credits Awarded The Record \| Jun. 20 \| Economic Development \| State Finance Program \| Tax Credits 42 L.A. County Cities Launched HERO PACE Program PR Newswire \| Jun. 17 \| Access to Capital \| Energy Finance \| Green Finance \| Local Finance Program Municipal Bonds Getting Investor Attention San Diego Daily Transcript \| Jun. 16 \| Bond Finance \| Infrastructure Finance IRS: California Health District's Bonds are PABs The Bond Buyer \| Jun. 16 \| Bond Finance \| State Finance Program USDA Announces Grants for Economic Development Deming Headlight \| Jun. 16 \| Access to Capital \| Economic Development \| Rural Development \| U.S. Dept. of Agriculture (USDA) \| Federal Obama Signs $13.3B Water Projects Bill The Advocate \| Jun. 12 \| Infrastructure Finance \| Legislative Energy & Environment Update ML Strategies \| Jun. 12 \| Energy Finance \| Green Finance \| Legislative \| U.S. Dept. of Agriculture (USDA) \| U.S. Dept. of Energy (DOE) \| U.S. Environmental Protection Agency (EPA) \| Federal \| U.S. Dept. of Commerce (DOC) California Sees Record Level of Film Tax Credit Applications LA Times \| Jun. 11 \| State Finance Program \| Tax Credits New EB-5 Regional Center Established in San Diego San Diego Daily Transcript \| Jun. 6 \| Access to Capital \| EB-5 Visa \| U.S. Citizenship and Immigration Services (USCIS) News Briefs: State Tax Credits News Novogradac & Co. \| Jun. 5 \| State Finance Program \| Tax Credits Final Proposed LIHTC Regulation Changes CTCAC \| Jun. 2 \| Community Development \| State Finance Program \| Tax Credits Infrastructure Financing Costs More than Construction Globalresearch.ca \| Jun. 2 \| Bond Finance \| Infrastructure Finance \| State Finance Program Report: Keys to Successful Public-Private Partnerships Governing \| May. 30 \| Infrastructure Finance \| Public-Private Partnership (P3) Financing \| State Finance Program EPA Grants LA Funds for Contamination Check Westside Today \| May. 30 \| Brownfield Financing \| Redevelopment \| 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) >>> SEARCH HEADLINES
New Additions to the Online Resource Database
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. Promoting Sustainable Food Systems Through Impact Investing Access to Capital \| Food Systems Finance \| Green Finance This report by the Springcreek Foundation aims to provide a framework through which investors can play a critical role in the establishment and maintenance of regional sustainable food systems in the United States. >>> SEARCH ONLINE RESOURCE DATABASE
Sponsors
Venue Sponsor Annual Roundtable Sponsor Conference Premium Sponsor Conference Supporting Sponsor For information about sponsoring the CDFA California Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
CDFA Spotlight
2014 CDFA Excellence in Development Finance Awards: Call for Entries & Nominations CDFA is now accepting entries and nominations for the 2014 CDFA Excellence in Development Finance Awards, which recognize outstanding development finance programs, agencies, leaders, projects and success stories.
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.