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CDFA Georgia Financing Roundtable Newsletter - October 2013

CDFA Georgia Financing Roundtable Newsletter - October 2013
October 30, 2013
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CDFA Georgia Financing Roundtable Newsletter

Feature

Georgia Tech Gets $35M for Solar Energy Development
Georgia Tech landed $3.5 million from the U.S. Department of Energy's "SunShot Initiative" for solar energy research and development. The Energy Department wants to spur development of new technologies that lower the overall cost of solar electricity.

House Approves Bill to Help Fund Savannah Harbor Deepening
The U.S. House of Representatives passed bipartisan legislation that according to Congressman Jack Kingston, helps clear the way for Georgia's number one economic development initiative: the Savannah Harbor Expansion Project.

Bonds Help Start Georgia's Program to Save Energy
Johnson Controls will implement energy and water conservation measures at Phillips State Prison in Georgia's first bond-financed energy performance contract.

Three Cities Unite for New Economic Development Effort
Officials from Lake City, Morrow and Forest Park announce their TriCity economic development endeavor. If successful, the trio of municipalities will have created a massive opportunity zone designed to promote business growth and development.

Startup Atlanta Launches Entrepreneur Website
Non-profit Startup Atlanta launched a new website, startupatlanta.org, to connect, support and expand the entrepreneurial ecosystem in the metro Atlanta region. Founded in May 2013, Startup Atlanta is backed by Atlanta Technology Angels, Entrepreneurs' Organization, Invest Atlanta and the Metro Atlanta Chamber.

GA Selects Builder for $840M Managed Lane P3 Project
Georgia has chosen a team of Atlanta and Florida contractors to build the $840 million Northwest Corridor project to relieve severe congestion in the Atlanta region.

Upcoming Events

CDFA Financing Roundtable Webcast: GA vs. TX: Comparing the Redevelopment Playbooks
During this dual-state webcast, Texas and Georgia will face off and share their respective strategies for fighting blight and encouraging redevelopment. Which state has the better redevelopment playbook? Join CDFA on November 20 for this free webcast as Georgia takes on Texas!

Georgia News

Georgia Voices: Water Disputes
Marietta Daily Journal | Oct. 25 | Bond Finance | Infrastructure Finance | Legislative | Revolving Loan Funds (RLFs) | State Finance Program

F'ville TAD Delayed, Will Be Readvertised
The Citizen | Oct. 24 | Economic Development | Local Finance Program | Tax Abatements

Governor: Southwire to Create 375 Jobs in West GA
Rockmart Journal | Oct. 24 | Economic Development

Central Georgia EMC Awards Funds to Local Agencies
Clayton News Daily | Oct. 23 | Community Development

Warner Robins Yet to Talk TAD with BOE, Commission
The Telegraph | Oct. 23 | Access to Capital | Economic Development | Local Finance Program | Tax Abatements

King's Hawaiian to Expand, Add 400 Jobs in Oakwood
Gainesville Times | Oct. 23 | Economic Development | State Finance Program

Building a Brighter Future Through Workforce Readiness
Georgia Public Broadcasting | Oct. 23 | Economic Development

Shrivallabh Pittie to Create 250 Jobs in Screven County
4-Traders | Oct. 16 | Economic Development | Member News | Reshoring Manufacturing

Japanese Auto Parts Supplier to Build Carrollton Plant
Times-Georgian | Oct. 15 | Economic Development | Local Finance Program | Tax Abatements

Food Processor Brings 60 Jobs, $20M Investment to Villa Rica
Times-Georgian | Oct. 10 | Economic Development | Food Systems Finance | Rural Development

Tax Incentives for Film, TV is Gift that Keeps on Giving
Saporta Report | Oct. 8 | Economic Development | State Finance Program | Tax Credits

Polk County Enters PPA for 1 MW Solar Array
Daily Finance | Oct. 7 | Access to Capital | Energy Finance | Green Finance | Rural Development

Commentary: More Land Means More Jobs
Savannah Now | Oct. 4 | Economic Development | Recommended Practices | State Finance Program

Hyundai Dymos Plans $35M Manufacturing Plant In West Point
Area Development | Oct. 4 | Economic Development | Reshoring Manufacturing | State Finance Program

Gainesville, Hall to Consider Agreement on Glades Reservoir
Gainesville Times | Oct. 2 | Infrastructure Finance | Rural Development | State Finance Program

Atlanta Mayor Leads Trade Delegation to Montego Bay
Jamaica Observer | Oct. 1 | Economic Development | Local Finance Program | Member News | International

79 Georgia Counties Designated Natural Disaster Areas
WCTV | Oct. 1 | Rural Development | U.S. Dept. of Agriculture (USDA)


New Additions to the Online Resource Database

Georgia Business Incentives Brochure
Access to Capital | Economic Development | Innovation Finance | State Finance Program | Tax Credits
The Georgia Department of Community Affairs and Department of Economic Development use this brochure to highlight the many advantages to doing business in their state, including various tax credits and exemptions.

Entrepreneur and Small Business Development Loan Guarantee Program
Access to Capital | Economic Development | Rural Development | State Finance Program
OneGeorgia Authority and accredited Georgia financial institutions will provide entrepreneurs and small business owners with access to loans ranging from $35,000 up to $250,000 at competitive interest rates.

FRED Ethyl Grant Program Application
Access to Capital | Community Development | Foundations | Rural Development
The Ethyl Grant Program provides matching grants up to $2,500 for projects that improve rural schools and communities.

2014 State Business Tax Climate Index
Economic Development | State Finance Program
The Tax Foundation's 2014 edition of the State Business Tax Climate Index enables business leaders, government policymakers, and taxpayers to gauge how their states' tax systems compare.


Sponsors

Conference Founding Sponsor

Development Authority of Fulton County Kutak Rock LLP Seyfarth Shaw LLP Stifel Nicolaus

Conference Supporting Sponsor

Invest Atlanta NOWaccount Network Corporation



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.


Council of Development Finance Agencies
85 E. Gay Street, Suite 700
Columbus, OH 43215
(614) 224-1300
info@cdfa.net

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CDFA National Sponsors

  • Alliant Insurance Services, Inc.
  • BNY Mellon
  • Bricker Graydon LLP
  • Business Oregon
  • CohnReznick
  • Frost Brown Todd LLP
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
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