The Marble Fallls City Council has set its course toward issuance of $7.9 million to fund city utility projects.

The city of Waco will ask for money from the downtown Tax Increment Financing Zone to clean up its prime riverfront and get it ready for development. The city has chosen Catalyst Urban Development of Dallas to prepare a master plan for the site that could include residential, restaurant, retail, office and hotel development, as well as a riverside park.

The city of Dallas has officially announced it has at least $3 million available to anyone willing to develop or build "one or more high quality grocery stores" in southern Dallas -- or, more specifically, in a "southern Dallas food desert." The $3 million will come from the city's P3 Program.

The Midland City Council on Tuesday has approved a $42.8 million Midland Center project. The project includes about 20,000 square feet in convention space and a 6,000-square-foot ballroom. It will be paid for by hotel-motel taxes currently in place.

The Hewitt City Council has approved a $3.395 million certificate of obligation for street-improvement projects. A large part of the obligation will cover completion of the 30-year-old Old Temple Road, and 93 percent of the bond would go toward street-related improvements.

Harlingen, TX officials will use $1.7 million in property tax revenue generated from three tax increment financing reinvestment zones to help fund a $14 million convention center, according to The Brownsville Herald.

Thursday, September 1 | 2:00 - 3:30pm Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss tax increment financing and how it can be used to compliment the redevelopment and cleanup of your brownfield project.

CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program.

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