In the fall of 2019, the Ohio General Assembly significantly changed state law governing tax increment financing (TIF) exemptions. For certain TIF projects, local communities can extend the exemptions – and, therefore, continue to redirect property tax millage to necessary public infrastructure improvements – up to 30 additional years.

The new deal would replace one that began two decades ago that brought a $5 million annual payment to CPS from the city plus a percentage of funds exempt from property taxes through incentives. The city can use tax incentives to draw development to certain areas, but those incentives also draw tax revenue away from schools, potentially hurting the district, according to CPS leaders.

The Tarrant County Cultural Education Facilities Finance Corporation is expected to issue $193 million in Hospital Revenue Bonds this week. The negotiated sale is scheduled for February 6th with J.P. Morgan as the lead manager. Proceeds from the sale of the Bonds will be used to refund Series 2010 Bonds and to finance and reimburse the costs of constructing a new capital project.

American cities borrowing to fund environmentally-friendly projects were a key driver of green bond issuance in January. Green muni bond sales -- including deals from San Francisco's Public Utilities Commission, New York City's Metropolitan Transportation Authority and Maine's Governmental Facilities Authority -- jumped to about $3.4 billion from about $500 million in the first month of 2019.

Join the National Brownfields Coalition, the Center for Creative Land Recycling, and Smart Growth America for the nation's leading brownfield education and advocacy event! Hear the latest about federal policy and funding for brownfield-relevant programs, and get your questions answered.

The Elkhart County commissioners approved allocating money into a fund for managing the fiber-optic network. The county administrator sought to transfer $1.97 million from the Economic Development Income Tax fund into the new so-called "fiber fund." In another fiber-related move, the commissioners approved funding for a connection project in the northeast area of the county.

The developer who wants to turn a vacant lot between Mt. Pleasant's city hall and Mountain Town Station into a mixed-use building has secured a low-interest loan for the project. Michigan Community Capital was awarded the $18 million loan from the Michigan Economic Development Corp. on Tuesday, MCC announced on its website.

The Wallace Center's 2020 National Good Food Network Conference will take place at the Intercontinental Hotel New Orleans in New Orleans, LA from March 10-13, 2020 and will bring together over 400 food systems leaders from across the Good Food value chain to share expertise, strengthen organizational capacity, and offer space to connect with peers from across the country.

Puerto Rico's economy could soon be bolstered as it claws its way out of bankruptcy with a speedup in the disbursement of federal aid as a result of the appointment of Coast Guard Rear Adm. Peter J. Brown as the island's federal disaster aid coordinator. In addition, the House is scheduled to vote Friday on a new round of $4.67 billion in disaster aid to deal with the aftermath of recent earthquakes.

This webinar will explore some of the tools that can be utilized to support a myriad of housing challenges and opportunities as well as how development finance agencies can become key partners in housing development in their community.

Join CDFA and experts from across the country as we discuss creative solutions for responding to ReConnect's funding notice, and learn from the successes of the program thus far.

During this installment of the CDFA // BNY Mellon Development Finance Webcast, we will explore how major projects are able to access private and public capital to construct extra large P3 deals in the U.S.

The City of Las Vegas, Nevada is seeking a Deputy Economic and Urban Development Director to direct, manage and coordinate goals, priorities and special projects relating to the operations and activities of the Economic and Urban Development Department and the Redevelopment Agency (RDA).

The Invest Atlanta Program Manager is responsible for creation, management and implementation of neighborhood programs, Choice Neighborhoods Initiative ("CNI"), and community development. The Program Manager will also be responsible for identifying and sustaining strategic partnerships, managing consultants/vendor relationships, community engagement and seeking out investment and funding opportunities that will enhance the economic prosperity of the residents and communities in the city.

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