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CDFA South Carolina Financing Roundtable Newsletter - February 2015

CDFA South Carolina Financing Roundtable Newsletter - February 2015
February 25, 2015
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CDFA South Carolina Financing Roundtable Newsletter

Feature

JEDA $20M Revenue Note to Finance Conway Medical Center
JEDA announced the issuance of a $20 million revenue note for Conway Medical Center. The revenue note will pay for medical equipment and information technology.

SCTAC Unveils Plans for Vehicle Testing Facilities
The South Carolina Technology and Aviation Center plans to build an additional vehicle testing facility on its campus. According to Greenville Online, SCTAC President Jody Bryson said SCTAC has a strong record of securing grants for economic development and is eligible for New Markets Tax Credits.

South Carolina Rural Made
As a part of the USDA's commitment to strengthening rural economies, a state-by-state "Made in Rural America" report has been released for each state. Each state's factsheet highlights specific USDA investments in rural businesses, manufacturing, energy, water, and other infrastructure development.

SC Commerce Awards $2.6M in Innovation Challenge Grants
The SC Department of Commerce awarded 19 organizations $2.6 million in funding. The funding was part of the SC Innovation Challenge and is used to further innovation, entrepreneurship and technology based economic development.

$520K Infrastructure Grant Approved for New Distribution Center
The Rite Aid Corporation plans to build a 900,000 square-foot distribution center in Spartanburg. According to the South Carolina Department of Commerce, the distribution center, will support 1000 Rite Aid Stores and employ about 600 people.

Upcoming Events

Intro Food Systems Finance WebCourse
March 25-26, 2015
The Intro Food Systems Finance WebCourse examines the development finance programs that sustain a local food system and how investments in that system can drive economic development on a broader scale. Topics covered include federal, state, and local sources of capital, stakeholders involved in the financing process, and case study examples that showcase the variety of financing programs.

South Carolina News

iFOS Awarded EPA Grant Monitoring and Technical Assistance 5-Year Contract
PR Newswire | Feb. 24 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Military Community Provides $19B in Economic Impact
SC Dept. Of Commerce | Feb. 23 | Economic Development

SC Bolstering Innovation Efforts
SC Dept. of Commerce | Feb. 21 | Innovation Finance | State Finance Program

Investing in Manufacturing Community Partnership (IMCP) Application Strategy Session
CDFA | Feb. 20 | Federal

Obama Proposes Higher Funding for Brownfields
Smart Growth America | Feb. 20 | Access to Capital | Brownfield Financing | Legislative

CDFA Announces Brownfields Financing Toolkit
CDFA | Feb. 19 | Brownfield Financing | CDFA Original Research

Taking America's Largest Seed Fund on the Road
U.S. Small Business Administration | Feb. 16 | Innovation Finance | U.S. Small Business Administration (SBA)

CDFI Fund Seeks Public Comment on Program, NACA Application
U.S. Treasury | Feb. 13 | Access to Capital | Community Development | U.S. Dept. of Treasury CDFI Fund

IRS Announces QZAB Allocations
The Bond Buyer | Feb. 11 | Bond Finance | Economic Development | Internal Revenue Service (IRS) | Federal

CDFA, Yale Clean Energy Finance Forum Launches New Program
CDFA | Feb. 10 | CDFA Original Research | Energy Finance | Member News | Webcasts

Administration's Budget Would Permanently Extend NMTC
Novogradac & Co. | Feb. 4 | Community Development | Tax Credits | U.S. Dept. of Treasury | Federal

IRS to Allocate Nearly $1.4B in New CREBs Volume Cap
McGuireWoods | Feb. 4 | Bond Finance | Energy Finance | Member News | Internal Revenue Service (IRS) | Federal

Spartanburg Lands Rite Aid Distribution Center
Economic Development HQ | Feb. 3 | Economic Development | Infrastructure Finance | Tax Credits

Annual Upgrades Exceeded Downgrades for Public Finance in 2014, Reversing 5-Year Trend
Fitch Ratings | Jan. 29 | Bond Finance

2014 Year in Review: SEC Municipal Market Enforcement
Ballard Spahr | Jan. 29 | Bond Finance | Member News | U.S. Securities and Exchange Commission (SEC)


Partner

Roundtable Partner

South Carolina Jobs-Economic Development Authority


New Members

Furman Investment Advisory Services - Greenville, SC


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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