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CDFA Pennsylvania Financing Roundtable Newsletter - February 2016

CDFA Pennsylvania Financing Roundtable Newsletter - February 2016
February 10, 2016
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CDFA Pennsylvania Financing Roundtable Newsletter

Feature

DCED Funding Five Municipal Projects in Pittsburgh Region
Pennsylvania's Department of Community and Economic Development approved $353,800 in funding for 11 municipal projects throughout the commonwealth that support community planning and shared services.

Hotel, Office Complex Overlooking Market Square Nearly Complete
Tower Two Sixty is nearly complete after facing a number of challenges, among them a complex funding package that includes $8.6 million in tax increment financing, new markets tax credits and a $4 million state capital grant.

Three Berks Businesses Receive PIDA Loans
The state Department of Community and Economic Development announced that three Berks County businesses will receive loans through the Pennsylvania Industrial Development Authority program.

Private Capital Flowing as Some State Incentives Delayed
With interest rates on the rise, and the ongoing budget chokehold at the state level, the supply of capital to major development projects in Cumberland County has become less common, which may or may not be a bad thing, writes CVBJ.

Riverfront Spaces Have Become Epicenter of Pittsburgh's Development
A recent study estimates about $130 million has been invested in trails and other improvements in the last 15 years. That, in turn, has helped to spur nearly $4.1 billion in development.

Upcoming Events

Intro Bond Finance WebCourse
February 24-25, 2016 - Daily: 12-5pm (EST)
The Intro Bond Finance Course provides an in-depth look at governmental and qualified private activity bonds, with a focus on industrial development bonds (IDBs), 501(c)(3) non-profit bonds, exempt facility bonds, and other special bond programs authorized by the federal government.

Pennsylvania News

LVEDC Offers Grant Funding for Brownfield Projects
Lehighvalley.org | Jan. 28 | Brownfield Financing | Local Finance Program | U.S. Environmental Protection Agency (EPA)

A Look at Brownfields: The Dirty, the Ugly, and the Potential for Turnaround
wastedive.com | Jan. 27 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Business Improvement District Passes Vote in Downtown Lebanon
Lebanon Daily News | Jan. 20 | Local Finance Program | Tax Increment Finance (TIF)


Sponsors


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For information about sponsoring the CDFA Pennsylvania Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.


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


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CDFA National Sponsors

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  • Z. The Bond Buyer
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