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CDFA Oregon Financing Roundtable Newsletter - September 2013

CDFA Oregon Financing Roundtable Newsletter - September 2013
September 25, 2013
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CDFA Oregon Financing Roundtable Newsletter

Feature

Business Oregon Giving Rural Oregon a Boost
While commerce is certainly concentrated in urban areas, it is rural Oregon that has the urgent need. Tim McCabe, Director of Business Oregon, gives an op-ed that boosts confidence in the less talked-about areas of the state.

USDA Announces $7.3M Loan to Bring Broadband to Colton, OR
USDA announced a $7.3 million loan to Colton Telephone Company to complete a fiber-to-the-premises project that will provide enhanced broadband services for rural residents and businesses in its Clackamas County service area.

Portland's Solar Forward Opens Loan Fund with Donor Dollars
Solar Forward encourages community members to contribute money, building a revolving loan fund so other solar projects can be completed.

Oregon Strategic Reserve Fund Fostering Development
Many projects show what the Strategic Reserve Fund can accomplish when working in concert with public and private partners, Gov. John Kitzhaber said in a prepared statement celebrating one of the projects.

Upcoming Events

2013 CDFA Oregon Financing Roundtable Conference
Tuesday, November 12, 2013 - Portland, Oregon
Join CDFA and Business Oregon for the first-ever Oregon Financing Roundtable Conference on November 12, 2013 as we focus on "Exploring Development Finance in the Beaver State". 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 Oregon's economy forward. Topics to be discussed include bonds, redevelopment, loan funds, innovation capital, tax credits, federal funding and much more.

In addition, attendees can choose to stay for a targeted half-day workshop on November 13 focused on Clean Energy & Bond Financing. This special half-day program will focus on using bond financing to support clean energy development in Oregon. The workshop is included in the full CDFA Oregon Financing Roundtable Conference registration.

Oregon News

ACEEE Report Highlights Portland for Energy Efficiency
Sustainable Business Oregon | Sep. 24 | Economic Development | Energy Finance | Green Finance

Multnomah County Says 'Yes' to Convention Hotel
Portland Business Journal | Sep. 23 | Access to Capital | Bond Finance | Local Finance Program | State Finance Program

Oregon Convention Center Hotel Project Details
Metro | Sep. 23 | Access to Capital | Local Finance Program | EB-5 Visa | International | Federal | U.S. Citizenship and Immigration Services (USCIS)

PDC Cuts Price on Burnside Bridgehead Site to Spur Development
Portland Business Journal | Sep. 23 | Local Finance Program | Urban Development

Revisiting Portland's $8M Loan for Vestas
The Oregonian | Sep. 23 | Access to Capital | Local Finance Program

Business Oregon Newsletter - September 2013
Business Oregon | Sep. 23 | Access to Capital | Member News | Innovation Finance | State Finance Program

Rural Oregon Left Behind in State's Economic Turnaround
The Oregonian | Sep. 19 | Economic Development | Rural Development

Strategic Investment Program Helps Microchip Hire Temps
Portland Tribune | Sep. 18 | Economic Development | State Finance Program

Daimler to Consolidate North American HQ in Portland
Portland Business Journal | Sep. 13 | Economic Development | Local Finance Program | State Finance Program

Dawson Park to Receive PDC Funding for Improvements
The Oregonian | Sep. 13 | Access to Capital | Local Finance Program

Portland Turbines Lifeline Faces Axe
The Standard | Sep. 10 | Energy Finance | Green Finance | Local Finance Program | Tax Credits

News Briefs: State Tax Credits
Novogradac & Co | Sep. 5 | State Finance Program | Tax Credits

OR Legislators Review Wind Farm Tax Credits Approved by DOE
The Oregonian | Sep. 5 | Energy Finance | Green Finance | Tax Credits | U.S. Dept. of Energy (DOE) | Federal

EDA Makes $1.59M Investment For Discovery Center
San Juan Record | Aug. 29 | Access to Capital | Economic Development | U.S. Economic Development Administration (EDA) | Federal

Bond Money Won't Go to Urban District
Albany Democrat-Herald | Aug. 29 | Bond Finance | Tax Increment Finance (TIF) | Urban Development


New Additions to the Online Resource Database

City of Eugene Business Development Fund (BDF)
Access to Capital | Economic Development | Local Finance Program | Innovation Finance
The City of Eugene's Business Development Fund (BDF) provides assistance to new and existing businesses via the federal Community Development Block Grant (CDBG) program.

New Markets Tax Credit Fact Sheet
Access to Capital | State Finance Program | Tax Credits | U.S. Dept. of Treasury CDFI Fund
This flyer provides an overview of Oregon's New Markets Tax Credit program, including who may apply and the structure of the credit.

USDA Rural Energy Programs
Energy Finance | Green Finance | U.S. Dept. of Agriculture (USDA)
USDA Rural Development Business and Cooperative Programs can support private rural businesses and farmers who are undertaking either renewable energy or energy efficiency projects. The programs listed here, most notably the Rural Energy for America Program (REAP), are particularly suited to helping with rural energy projects.

2013 TIGER Awards - Project Summaries
Access to Capital | Infrastructure Finance | Federal
The U.S. Department of Transportation awarded $474M to 52 rural and urban transportation projects across the country. This resource offers detailed information for each of the awards including applicant, project descriptions, costs, highlights, and benefits.

2012 State CDFI Legislation & Advocacy Report
Access to Capital | Community Development | Legislative | Member News | State Finance Program | Tax Credits | U.S. Dept. of Treasury | U.S. Dept. of Treasury CDFI Fund | Federal
The Opportunity Finance Network provides a snapshot of CDFI-related policy activity at the state level during 2012. The report includes analysis and information on legislative trends, State New Markets Tax Credit programs, and the State Small Business Credit Initiative programs.


CDFA Spotlight

Sponsor the 2013 CDFA Oregon Financing Roundtable in Partnership with Business Oregon
Interested in putting your organization in front of hundreds of economic development finance professionals in the state? Sponsor the 2013 CDFA Oregon Financing Roundtable in Partnership with Business Oregon.

New Members

City of Beaverton - Beaverton, OR


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