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CDFA Georgia Financing Roundtable Newsletter - September 2014

CDFA Georgia Financing Roundtable Newsletter - September 2014
September 24, 2014
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CDFA Georgia Financing Roundtable Newsletter

Feature

Knight Foundation Awards Historic Macon $3M for Revitalization
The John S. and James L. Knight Foundation announced a $3M award to Historic Macon. $1.785M will be awarded as a grant, while $1.215M will be a program-related investment loan at a 1% interest rate and a 5 year term.

House Sees Growing Role for P3s and PABs in Infrastructure
Roll Call reports there was bipartisan House agreement that P3s should be an important part of paying for new transportation infrastructure. The question, now, is how large a percentage of infrastructure funding will come from P3s.

Tybee, GA's Main Street Program Recognized in Nat'l Program
The City of Tybee Island's Main Street Program has been designated as an accredited National Main Street Program for meeting the commercial district revitalization performance standards set by the National Main Street Center.

Georgia Communities Receive Infrastructure Loans Totaling $73M
Nineteen Georgia communities were awarded financing totaling $72.7M for water, sewer, solid waste and wastewater infrastructure improvements by the Georgia Environmental Finance Authority (GEFA) board of directors.

Upcoming Events

2014 National Development Finance Summit
November 18-21, 2014 - Scottsdale, AZ
Hosted by the generous support of the Scottsdale IDA, this year's National Summit will be an amazing, can't-miss event with an in-depth look at development finance in the United States. Designed to educate both novices and seasoned development finance professionals alike, the 2014 National Development Finance Summit will touch on over 25 different financing concepts, tools, programs, strategies, and solutions to the challenges facing our country.

CDFA Spotlight

Send Letters to Congress Supporting the Modernizing American Manufacturing Bonds Act
CDFA has begun a targeted letter-writing campaign. We ask that industry stakeholders send letters to House members to support CDFA's Modernizing American Manufacturing Bonds Act and the suggested reforms to modernize and revolutionize Qualified Small Issue Manufacturing Bonds. To make this process easier, we have created sample letters for your use.

Georgia News

Novogradac Announces 2014 Community Development Awards Winners
Novogradac & Co. | Sep. 23 | Member News | Tax Credits | U.S. Dept. of Treasury

Ex-Im Bank Gets 9 Month Extension
Forbes | Sep. 22 | Access to Capital | Legislative | Export Import Bank of the United States (Ex-Im Bank) | Federal

Rockmart, GA Seeks Grants for Community Projects
The Fish Wrap | Sep. 19 | Access to Capital | Community Development | Local Finance Program

Obama Launches Second Promise Zone Competition
The White House | Sep. 19 | Economic Development | Rural Development | Urban Development | Federal

Building Blocks for Incentives Cost-Benefit Analysis
Smart Incentives | Sep. 18 | Community Development | Economic Development | Local Finance Program

Revitalize American Manufacturing & Innovation Act Passes House
Manufacturing.net | Sep. 17 | Legislative | NIST Manufacturing Extension Partnership (MEP) | Federal

Social Impact Bonds are Going Mainstream
Forbes | Sep. 16 | Bond Finance | Federal

Area Development Magazine Names GA Top State for Business
Rome News-Tribune | Sep. 15 | Economic Development

Legislation in Congress Will Continue Ex-Im Bank
AIN Online | Sep. 15 | Access to Capital | Legislative | Export Import Bank of the United States (Ex-Im Bank) | Federal

Monroe Gets $2M to Provide Water to Area with Polluted Wells
The Telegraph | Sep. 15 | Community Development | Infrastructure Finance | Revolving Loan Funds (RLFs) | U.S. Dept. of Housing & Urban Affairs (HUD) | U.S. Environmental Protection Agency (EPA) | Federal

Moody's Predicts Huge Potential for P3s
GOVERNING | Sep. 11 | Infrastructure Finance | Public-Private Partnership (P3) Financing

Macon Again Leads the Way in Historic Tax Credits
Macon Telegraph | Sep. 4 | Community Development | Redevelopment | Tax Credits

State Loan Enables Braselton, GA to Treat Oakwood Wastewater
Access North GA | Aug. 29 | Access to Capital | Infrastructure Finance | Member News | Revolving Loan Funds (RLFs) | State Finance Program

Preservation Group to Congress: Save Historic Tax Credit
Syracuse Post-Standard | Aug. 27 | Legislative | Redevelopment | Tax Credits | Federal


New Additions to the Online Resource Database

SBA Participating Microloan Intermediaries
Access to Capital | U.S. Small Business Administration (SBA)
The U.S. Small Business Administartion's list of Participating Microloan Intermediary Lenders provides contact information for each lender.

P3 Issues and Considerations
Infrastructure Finance | Local Finance Program | Public-Private Partnership (P3) Financing
Practical Law Finance discusses public private partnerships (P3s) including when they should be used to develop infrastructure projects. This resource also discusses the most commonly used P3 structures, alternatives and how infrastructure projects (including those using a P3 structure) are typically financed.


Sponsors

Annual Roundtable Sponsor

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

Conference Supporting Sponsor

Alpharesults LLC

For information about sponsoring the CDFA Georgia 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 2200
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
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
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