CDFA Texas Financing Roundtable Newsletter - July 2017

CDFA Texas Financing Roundtable Newsletter - July 2017
July 26, 2017



Feature
City Council Moves Forward with TIRZ in Jersey Village Crossing, TX The TIRZ will allow the city to take tax revenue generated in Jersey Village Crossing and place it into a separate fund that can be used for structural improvements and enhanced infrastructure in that area. It will exist for a period of 30 years. TX Requests Federal Disaster Assistance for Tom Green County Gov. Abbott has asked the SBA to declare Tom Green County a disaster area following the severe storms that impacted the area. The Governor is asking the SBA to make long-term, low-interest-rate physical disaster home and business loans and economic injury disaster loans available. TX Incentives Bring Merck IT Hub to Austin Governor Greg Abbott recently announced that Merck is locating its newest IT Hub in Austin, Texas. The pharmaceutical giant made the announcement after the governor's office announced it would provide the company a $6 million grant from the Texas Enterprise Fund. The grant comes on top of a 10-year, $856,000 city tax incentives package approved by the Austin City Council in April. City of Weatherford Using TIRZ for Transportation The City of Weatherford detailed its transportation plans for Weatherford ISD recently and asked for the school district's input and help in planning for future road projects. City of Weatherford Director of Capital Transportation Projects Terry Hughes also described some of the ongoing transportation projects in the Weatherford Tax Increment Reinvestment Zone. CDFA Report Provides New Ideas to Redevelop Hotel Grim CDFA's free brownfield technical assistance program has assisted the Hotel Grim in Texarkana, Texas by providing a report highlighting five strategies that can be utilized to support redevelopment of the site. Bonds May Support Fredericksburg, TX Sports Park Expansion Fredericksburg City Council approved preliminary cost estimates for an Oak Crest Sports Park expansion, which are tabbed at $12.6 million.
Upcoming Events
CDFA Summer School August 7 - 11, 2017 - Minneapolis, MN CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program. CDFA Brownfields Financing Webinar: Hazardous to Healthy: Financing Solutions for Recovering Brownfields August 31, 2017 - 2:00 - 3:30 PM Eastern Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss how the finance toolbox can be used to compliment the redevelopment and cleanup of your brownfield project.
Sponsors
State Partner Venue Sponsor Premium Sponsor For information about sponsoring the CDFA Texas 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.