Legislative and Federal Affairs Update - January 3, 2017
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Spotlight |
CDFA Transition Paper Receives Praise, Advances Development Finance Interests
One month after its release the CDFA transition paper, Unlocking Development Finance Capital in the United States to Create Jobs & Increase Private Investment, has been well received by legislators and officials close to the Administration. The paper includes twenty-three key recommendations for the next Administration to address and remove barriers to capital access to support and maximize America's investment in infrastructure, energy, small business, urban communities, rural development, and agriculture. Each recommendation provides a new look at how the federal government could and should approach capital formation and capital access.
CDFA is prepared to assist the next Administration with the development and implementation of each recommendation and opportunity. Collectively, the CDFA plan can be implemented within the first two years of the new Administration.
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Legislative Features |
Latta Introduces HR 6418, the Drinking Water Affordability Act
U.S. Representative Bob Latta (R-Bowling Green) has introduced legislation to help public water systems improve their infrastructure and ensure safer drinking water.
5 Hot Topics Hitting Public Finance in 2017
Major public finance issues taking center stage in 2017 include tax reform, large state budget shortfalls, and the new GASB 77 rule which requires governments to report the tax breaks they give to businesses as forgone tax revenue on their balance sheets.
With Trump's Support, Muni Exemption Advocates Take Battle to Congress
U.S. mayors and other municipal market participants are stepping up pressure on Congress to maintain the tax exemption on municipal bonds, after President-elect Donald Trump said he supports the tax break that they say is crucial for funding infrastructure projects.
Neal Named as Top Dem on Ways and Means Panel
Rep. Richard Neal, a MAMBA cosponsor and long-time supporter of municipal bonds, has been named ranking minority member of the powerful House Ways and Means Committee.
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Federal Features |
Fees for Water Infrastructure Project Applications Under WIFIA
EPA is proposing to establish fees related to the provision of federal credit assistance under the Water Infrastructure Finance and Innovation Act of 2014 (WIFIA).
Credit Assistance for Water Infrastructure Projects
The EPA is issuing an interim final rule to implement the Water Infrastructure Finance and Innovation Act of 2014 (WIFIA).
Opinion: Don't Mess with Muni Bond Tax Exemption
Chrristine Todd from BNY Mellon implores Washington leaders to avoid reducing tax breaks for municipal bonds.
Financing the Trump Infrastructure Plan
According to public finance and infrastructure experts, direct pay bonds similar to Build America Bonds, tax credits, P3s, and federal matching funds may wind up forming the backbone of Donald Trump's proposed 10-year $1 trillion infrastructure investment plan.
U.S. EPA: Office of Brownfields & Land Revitalization - Program Overview
Slides from the Patricia Overmeyer presentation on programs in the U.S. EPA Office of Brownfields & Land Revitalization.
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Federal Financing Clearinghouse Spotlight |
CDFA's Federal Financing Clearinghouse is the only online resource cataloging the development finance programs offered by the federal government. Check out our featured agencies and programs below. >>> Learn More
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U.S. Dept. of Treasury
Small Business Lending Fund
Enacted into law as part of the Small Business Jobs Act of 2010, the U.S. Treasury's Small Business Lending Fund (SBLF) is a fund that encourages lending to small businesses by providing Tier 1...
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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 visit CDFA.net or email info@cdfa.net
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Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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