CDFA Florida Financing Roundtable Newsletter - June 2016
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| Feature |
South Florida Officials Consider P3s in Resilience Efforts
Private developers, public sector leaders, nonprofit organizations, and academic institutions in south Florida are considering a variety of options to make the Florida coastline resilient in the face of rising sea levels. Among the options being discussed are resilience bonds, P3s, and sustainable technology retrofits.
Manatee Co, FL Company Expands Through Incentives
MTech MDM is expanding its headquarters in Manatee County, with plans to create 46 new jobs over the next five years. The company has qualified for an economic development incentive grant of $46,000 if the company creates 45 new jobs over five years at wages that are 15 percent higher than the county average.
Ocala, FL Approves Incentives for Food Desert Project
The development group M2PCD has received an incentive package from the Ocala City Council worth over $1 million to build a shopping plaza and grocery store. The grocery store will be built in an area now considered to be a food desert, or a community devoid of grocery stores carrying healthy food choices.
SW FL Counties Designated as Promise Zones
The USDA will offer technical assistance and preferential access to federal programs in several southwestern Florida counties. The Promise Zone initiative should help create jobs at Airglades Industrial Park, boost ecological tourism, and help local economic development groups obtain federal grants to improve infrastructure.
Indian River County Loses Challenge to All Aboard Bonds
All Aboard Florida won a round in court against Indian River County when a Leon County Circuit judge ruled on June 10 that the counties lack standing to stop the issuance of bonds to finance the proposed $1.75 billion passenger railway.
Fort Myers Beach Receives $6.8M from FL State RLF
Fort Myers Beach has received $6.8 million loan from the Florida State Revolving Loan Fund. The loan will help the town pay off $3.2 million in vendor bills that accumulated from work done on an ongoing water rehabilitation project.
PACE Roundup: Residential PACE Tops $2B
Residential PACE financing has doubled from $1 billion less than a year ago to more than $2 billion today, according to PACENow, a nonprofit that tracks the PACE market. Commercial PACE, with larger but slower-moving projects, has scaled up to $250 million, up from about $150 million at the end of 2015.
Energy Investment Partnerships: Product Offerings & Market Assessment
Factsheet 2 of the Energy Investment Partnerships covers clean energy through bond markets, credit enhancements and capital markets, property assessed clean energy, and market assessment.
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Upcoming Events |
CDFA Summer School
August 8-12, 2016 - Baltimore, MD
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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Florida News |
Sebastian, FL Receives $100K Grant for Sewer Work
Vero Beach Press Journal | Jun. 29 | Access to Capital | Infrastructure Finance | Local Finance Program
Judge to Consider Dismissing All Aboard Florida Bond Challenge
The Bond Buyer | Jun. 23 | Bond Finance | Infrastructure Finance
CDFA Releases Report for Englewood, IL
CDFA | Jun. 9 | Brownfield Financing | CDFA Original Research | Development Finance Toolbox | Member News
Ratings for US States
The Bond Buyer | Jun. 9 | Bond Finance | State Finance Program
Rockefeller Announces 37 New Additions to 100 Resilient Cities
100 Resilient Cities | May. 26 | Access to Capital | Disaster Recovery & Relief | Foundations
An Argument for Using Tax-Exempts in P3 Structures
The Bond Buyer | May. 25 | Bond Finance | Public-Private Partnership (P3) Financing
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For information about sponsoring the Florida Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
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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.
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Council of Development Finance Agencies
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Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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