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CDFA Ohio Financing Roundtable Newsletter - August 2014

CDFA Ohio Financing Roundtable Newsletter - August 2014
August 13, 2014
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CDFA Ohio Financing Roundtable Newsletter

Feature

CDFA Announces Winners of CDFA Ohio Financing Roundtable Excellence Awards
The Council of Development Finance Agencies (CDFA) is proud to announce the winners of the 2014 CDFA Ohio Financing Roundtable Excellence Awards and recognize outstanding development finance programs, agencies, leaders, projects and success stories.

Toledo Businesses Affected by Water Crisis Might See Aid
The Toledo Blade reports that area businesses affected by Toledo's water crisis may be eligible to draw low-interest loans from the federal government if the region's economic losses were large enough.

Cincinnati Port Authority and CiF Partner to Bring EB-5 to Cincy
The Port of Greater Cincinnati Development Authority and Cleveland International Fund have announced an agreement to provide an EB-5 financing program at the Port Authority. Both organizations are long-standing members of CDFA.

MORPC Report: Link Energy Policy with Economic Development
This article from Columbus Business First highlights some recommendations from Mid-Ohio Regional Planning Commission's "Regional Energy Action Plan," including to launch a regional initiative focused on energy-related economic development and enhance efficiency efforts.

Industry Concerns Prompt SEC to Modify MCDC Initiative
In response to concerns raised by industry participants, the SEC has made three key modifications to its MCDC Initiative, dealing with deadlines, penalties, and pre-EMMA violations.

Upcoming Events

2014 Ohio Financing Roundtable Conference
September 9, 2014 - Columbus, OH
Agenda Now Available Online
Join the CDFA Ohio Financing Roundtable for our sixth annual conference focused on "Development Finance Best Practices: Programs and Tools that Work." This one-day conference will feature a number of economic development finance experts and leaders from around the state discussing new development finance tools, resources, authorities and approaches, and how these methods can move Ohio's economy forward.

CDFA Spotlight

Congress Introduces Modernizing American Manufacturing Bonds Act
Rep. Randy Hultgren (R-IL) and Rep. Richard Neal (D-MA) introduced the Modernizing American Manufacturing Bonds Act (MAMBA) of 2014, H.R. 5319. H.R. 5319, supported by CDFA and hundreds of issuers throughout the country, is a comprehensive package that will modernize and revolutionize manufacturing bonds.

CDFA Releases Annual Volume Cap Report
The Council of Development Finance Agencies (CDFA) is pleased to announce the release of the CDFA Annual Volume Cap Report: An Analysis of 2013 Private Activity Bond & Volume Cap Trends. This report provides the most complete data for the use of volume cap and issuance of cap-subject private activity bonds nationwide.

Ohio News

Fuyao Signs Agreement with JobsOhio with $6.6M in Incentives
Dayton Business Journal | Aug. 6 | Economic Development | Reshoring Manufacturing | State Finance Program

Colerain JEDZ Will Be on Ballot Despite Phase Out Law
Cincinnati.com | Aug. 4 | Economic Development | Local Finance Program | Legislative

USDA Grants $30M Each to 10 Microenterprise Organizations
Economic Development HQ | Aug. 1 | Access to Capital | Innovation Finance | U.S. Dept. of Agriculture (USDA)

ThyssenKrupp Chooses Cincinnati Because of Ohio Tax Credits
Cincinnati Business Courier | Aug. 1 | Economic Development | State Finance Program | Tax Credits

How CincyTech's Investments Impact Cincinnati
Cincinnati Business Courier | Jul. 31 | Access to Capital | Innovation Finance | Local Finance Program

Elyria Mayor Proposes Public-Private Partnerships, RLF
The Chronicle-Telegram | Jul. 30 | Local Finance Program | Public-Private Partnership (P3) Financing | Revolving Loan Funds (RLFs)

Samuel Adams Partners with ECDI for Ohio's Small Businesses
Bricker & Eckler | Jul. 30 | Access to Capital | Innovation Finance

Solar Array Rises Over Toledo Zoo Brownfield
Columbus CEO | Jul. 28 | Brownfield Financing | Energy Finance | Green Finance

City of Cleveland Launching New Website, Brand Campaign
Economic Development HQ | Jul. 25 | Economic Development | Member News

$1.5M from Clean Ohio Fund Helping Demo Mansfield Foundry
Mansfield News Journal | Jul. 25 | Redevelopment | State Finance Program

Stark County Port Authority Gives Boost to Research Facility
The CantonRep | Jul. 23 | Economic Development | State Finance Program | Innovation Finance

Austintown Twp Uses $2M from Racino for Infrastructure
Youngstown Vindicator | Jul. 21 | Infrastructure Finance | Local Finance Program

Columbiana Enterprise Zone Covers Most of City
Columbus CEO | Jul. 21 | Economic Development | Local Finance Program | Tax Abatements

Columbus Near East Neighborhood Leverages Federal Grant
Columbus Dispatch | Jul. 17 | Community Development | Federal | Foundations | Redevelopment

Looking to Fund a Clean Energy Project? You Need a Green Bank
National Journal | Jul. 17 | Access to Capital | Energy Finance | Green Finance | State Finance Program

$26M VC Fund Launches in Ohio with Focus on Seniors
Cincinnati Business Courier | Jul. 16 | Access to Capital | Community Development | Innovation Finance

Van Wert Discusses Economic Development, RLF
Van Wert Independent | Jul. 15 | Access to Capital | Economic Development | Local Finance Program | Revolving Loan Funds (RLFs)

TIF to Fund New Storm Sewer Beneath Worthington Grocery
Worthington News | Jul. 11 | Infrastructure Finance | Member News | Tax Increment Finance (TIF)

Historic OTR Church to Become Event Space with Tax Credit
The Enquirer | Jul. 10 | Community Development | Redevelopment | Tax Credits


New Additions to the Online Resource Database

Food For Every Child: The Need for Healthy Food Financing in Ohio
Access to Capital | Community Development | Food Systems Finance
This report from The Food Trust, made possible by a grant from the Ohio Regional Convergence Partnership and Finance Fund, presents findings on healthy food access along with demographics and public health research in order to stimulate the creation of a fund that will develop supermarkets and other healthy food retail in underserved communities.

State Tax Credits for Historic Preservation
Redevelopment | State Finance Program | Tax Credits
The National Trust for Historic Preservation produced a policy report on the states' historic tax credits and what makes a state tax credit work.

CDFA Annual Volume Cap Report: An Analysis of 2013 Private Activity Bond & Volume Cap Trends
Bond Finance | CDFA Original Research
This annual CDFA report reviews the use of private activity bond volume cap and the issuance of cap-subject private activity bonds in every state.


Sponsors

Roundtable Partner

Ohio Economic Development Association

Annual Roundtable Sponsor

Bricker & Eckler LLP Finance Fund Frost Brown Todd, LLC Ice Miller LLP KeyBanc Capital Markets Roetzel & Andress Squire Patton Boggs Stifel Nicolaus

Conference Premium Sponsor

ACI Financial Advisors Cleveland International Fund

Conference Supporting Sponsor

City of Columbus Cleveland-Cuyahoga County Port Authority Development Finance Authority of Summit County Piper Jaffray & Co.

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

New Members

Clinton County Port Authority - Wilmington, OH

Mahoning Valley Economic Development Corporation - Youngstown, OH

Southern Ohio Port Authority - Portsmouth, OH


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
Become a Sponsor