About

Advocacy

Events

Membership

Sponsor

Education

Newsletters

Resources

Technical Assistance

×

CDFA Energy & Water Finance Update - May 21, 2019

Having trouble viewing this newsletter? View it online.
CDFA Energy and Water Finance Newsletter
May 21, 2019
Subscribe
View Archives
Energy & Water Finance Update

Features

EPA Announces Availability of $2.6B of Funding for Water Infrastructure
The U.S. EPA announced the availability of more than $1 billion in new federal grant funding for the Drinking Water State Revolving Fund and $1.6 billion in new federal grant funding for the Clean Water State Revolving Fund. The funds can assist states, tribes and territories with improving drinking water and wastewater infrastructure across the country.

Dayton Arcade Approval Marks Several "Firsts" for PACE Financing
A redevelopment project that has been more than a decade in the making, the formerly abandoned Dayton Arcade will see new life. Through an innovative Property Assessed Clean Energy (PACE) financing structure and the collaboration of many private and public parties, the Arcade will undergo transformational renovation. 

MI Solar Developer Emphasizes Job Training in OZs
Chart House Energy is using Opportunity Zones to help hire and train workers in low-income communities. Chart House is also working across Michigan to develop solar projects that capture the tax benefits from Opportunity Zones in an effort to offer lower cost power. In an Ypsilanti project, the for-profit entity owns the system and provides discounted power to the host facilities.

NE Indoor Sports Facility Gets $1.7M in C-PACE Financing
Petros PACE Finance, LLC announced the closing of a $1.7 million Commercial Property Assessed Clean Energy (C-PACE) transaction with Manzitto, a Lincoln, Nebraska-based commercial and residential real estate developer, marking the first C-PACE project in Lincoln. For this development, C-PACE was a natural complement in the capital stack that also included Tax Increment Financing and New Markets Tax Credits, both of which incentivize investment in economically distressed areas.

NYC Fights Against Climate Change with the Climate Mobilization Act
The New York City Council passed the Climate Mobilization Act, which includes various pieces of legislation that fight climate change. One of those measures will require most buildings over 25,000 square feet to reduce their greenhouse gas emissions by 2030. Also passed was the establishment of commercial Property Assessed Clean Energy (C-PACE) program.

Restructuring Support Agreement Reached for PR Power Company
Puerto Rico's Financial Oversight and Management Board, Fiscal Agency and Financial Advisory Authority (Aafaf by its Spanish acronym) and Electric Power Authority (Prepa) reached a restructuring support agreement Friday with holders of 51% of the public utility's revenue bonds.

Riverbend Approved for $200M in Loans for TX Water Project
Riverbend Water Resources District has been approved for $200 million in loans from the Texas Water Development Board for regional water infrastructure projects. The Riverbend Water Resources District applied for financial assistance from TWDB for $200 million that will enable Riverbend to pursue a new intake, raw water line and new water treatment facility, also known as the regional water project.

Northern KY County Approves Assessment District for PACE
The Boone County Fiscal Court recently approved legislation to create a countywide Energy Project Assessment District (EPAD) that allows property owners to use Property Assessed Clean Energy (PACE) financing to pay for energy-efficiency improvements on commercial, industrial, nonprofit, agricultural, and multi-family properties.

$84M in Green Bonds Issued for Drinking Water in CA
California State Treasurer Fiona Ma announced the sale of $83.9 million in revenue bonds to provide financial assistance to local governments for safe drinking water projects. The sale represents the inaugural issuance of bonds by the California IBank for the Drinking Water State Revolving Fund Program.

Upcoming Events
CDFA Summer School

Intro Housing Finance WebCourse
May 22-23, 2019 - 12:00 - 5:00 PM Eastern

CDFA // BNY Mellon Development Finance Webcast Series: The Landscape of Mega Project Incentives
Tuesday, June 18, 2019 - 1:00 PM Eastern
During this installment of the CDFA // BNY Mellon Webcast Series, expert speakers will provide an in-depth overview of the approaches currently being used by cities, counties, and states across the U.S. to attract mega projects.

Energy Finance News

Formation of New York City Climate Mobilization/PACE Task Force Announced
Yahoo Finance | May. 20 | Energy Finance | Property Assessed Clean Energy (PACE)

TN DEC Announces $3.2M Loan for Oak Ridge Water Infrastructure
Oak Ridge Today | May. 16 | Infrastructure Finance | Revolving Loan Funds (RLFs) | Water Finance

Indianapolis, IN Officials Approve TIF District to Fund New Levee
Indianapolis Business Journal | May. 15 | Access to Capital | Infrastructure Finance | Tax Increment Finance (TIF) | Water Finance

TX Gives Aid for Hurricane Harvey Recovery
Beaumont Enterprise | May. 9 | Access to Capital | Disaster Recovery & Relief | Revolving Loan Funds (RLFs) | Water Finance

Renovated Cleveland Office Building Leaps Into Energy Efficiency
Energy News Network | May. 9 | Energy Finance | Property Assessed Clean Energy (PACE)

Clean Energy Financing Promoted in PR
Caribbean Business | May. 9 | Energy Finance | Property Assessed Clean Energy (PACE)

OH Port Authority Working on New Approach
Herald-Star | May. 6 | Community Development | Economic Development | Energy Finance | Opportunity Zones | Tax Credits

Clean Energy in OZs
PV Magazine | May. 6 | Energy Finance | Opportunity Zones

VT Policies Spur Solar Development on Landfills and Brownfields
Energy News Network | May. 6 | Brownfield Financing | Energy Finance | Green Finance | State Finance Program

MN PFA Awards Over $28M in Water Infrastructure Projects
MN DEED | May. 3 | Infrastructure Finance | Water Finance

Historic Airport Terminal Realizes Massive Savings from Deep Energy Retrofit
Retrofit Magazine | May. 2 | Energy Finance | Green Finance | Infrastructure Finance | Public-Private Partnership (P3) Financing

Funding Water Infrastructure: How TX Pays for Water
Corridor News | May. 2 | Access to Capital | Community Development | Infrastructure Finance | Water Finance

SAVE Water Resources Act Proposed for CA
Oakdale Leader | May. 1 | Access to Capital | Infrastructure Finance | Water Finance

Utilites Tighten Valves Under CO River Drought Plan
The Bond Buyer | Apr. 29 | Bond Finance | Resiliency | Water Finance

NM to Issue $12M in Green Bonds
My High Plains | Apr. 26 | Bond Finance | Energy Finance | Green Finance | Water Finance

$25B in Government Funds Delivered for Water Infrastructure in 2018
Water Online | Apr. 24 | Access to Capital | Water Finance

IL Village Issues $10M in Bonds for Water and Sewer Improvements
Journal & Topics | Apr. 22 | Bond Finance | Water Finance

Orchard Farm Uses Tax Credits for Solar Installation
CT News | Apr. 19 | Agriculture Finance | Energy Finance | Food Systems Finance | Green Finance | Tax Credits

Hermiston, OR Breaks Ground on New Water Tower
East Oregonian | Apr. 18 | Access to Capital | Infrastructure Finance | Water Finance


Highlights from the Online Resource Database

Reducing Energy Burden for Low-income Residents in Multifamily Housing with Solar Energy
Energy Finance | Green Finance | Housing Finance | Incentives | U.S. Dept. of Energy (DOE)
When paired with energy efficiency measures, cost effective solar energy systems can support state and local program administrators' goals to reduce low-income household energy burden. Energy burden is the share or percentage of annual household income that is used to pay annual home heating and cooling costs.

U.S. Department of Energy Loan Program's Office
Energy Finance | Federal
Edward Rios from the Department of Energy provides an overview of the financing programs offered through the Loan Programs Office at the 2019 CDFA Federal Policy Conference.


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 visit CDFA.net or email info@cdfa.net


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


Install CDFA's iOS appInstall CDFA's Android app

Archives

Displaying 1 - 30 of 137

March 5, 2024
February 6, 2024
January 2, 2024
December 5, 2023
November 7, 2023
October 3, 2023
September 5, 2023
August 1, 2023
July 4, 2023
June 6, 2023
May 2, 2023
April 4, 2023
March 7, 2023
February 7, 2023
January 3, 2023
December 6, 2022
November 1, 2022
October 4, 2022
September 6, 2022
August 2, 2022
July 5, 2022
June 7, 2022
May 3, 2022
April 5, 2022
March 1, 2022
February 1, 2022
January 4, 2022
December 7, 2021
November 2, 2021
October 5, 2021




CDFA National Sponsors

  • BNY Mellon
  • Bricker Graydon LLP
  • Bryan Cave Leighton Paisner 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
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
Become a Sponsor