Though authorized in legislation two years ago, Pennsylvania's state historic preservation tax credit failed to roll out with funding or guidelines until July of 2014, according to the Philadelphia Inquirer.

According to the New Pittsburgh Courier, the online micro-lending platform Kiva Zip is taking hold in the Pittsburgh area, allowing entrepreneurs to borrow up to $5K for their first loan from anyone in the world.

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.

This exclusive article from Public Works Financing highlights the conditional approval of Pennsylvania's massive bridge replacement plan, a $1.2B Private Activity Bond allocation and bundled P3 package.

As covered by YourErie, the PA State Senate passed a bill that would allow for the approval of four new Community Revitalization Improvement Zones and up to three pilot zones between now and the end of 2015, instead of the original 2016.

September 24, 2014
The U.S. Department of Agriculture (USDA) is well-known for their farming programs, but there are other programs targeted for rural business and development that are available as well. In fact, 1.5 million Pennsylvanians are eligible to access these funds, which can be a flexible and valuable part of your project's capital stack. This webcast will feature USDA staff from Pennsylvania, who will share information about using these programs in the state.

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.

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.

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This case study, published by the Urban Redevelopment Authority of Pittsburgh, summarizes the redevelopment of the Pittsburgh Opera, including its financing package, energy-saving strategies and results.

The National Trust for Historic Preservation produced a policy report on the states' historic tax credits and what makes a state tax credit work.

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.

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