CDFA New York/New Jersey Financing Roundtable Newsletter - June 2015

CDFA New York/New Jersey Financing Roundtable Newsletter - June 2015
June 24, 2015



Feature
NJ Approves $164M in Breaks to Lure Company to Camden In order to encourage American Water Works to relocate to Camden, the New Jersey Economic Development Authority approved $164 million in tax credits, according to Philly.com. The company's move would bring 600 employees and create 100 new jobs. State Awards $3M to NY Nonprofits for Housing Projects Buffalo Business First reports that six nonprofit groups in Western New York will receive $3 million in state funding to help create 162 new units of low- to moderate-income housing units. $1.5 Billion to Spur Renewable Energy in New York Buffalo News reports that New York State's Energy Research and Development Authority is proposing $1.5 billion in spending to spur further renewable energy projects. Gov. Cuomo Announces $181M to Fund Projects Generating Economic Opportunity More than $181 million in economic development funding was announced by Governor Andrew M. Cuomo, according to LongIsland.com. The funding will be directed toward 24 projects in nine regions of the state and will support 1,524 new jobs and retain 2,009 existing New York State jobs. Brownfield Program Fuels Buffalo Growth Buffalo Business First reports that the state's Brownfield Cleanup Program has resulted in more than 4,200 new jobs and $700 million in new development in Western New York. Governor Andrew Cuomo recently extended the program by an additional 10 years.
Upcoming Events
CDFA Summer School August 10-14, 2015 - St. Louis, MO CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the Development Finance Certified Professional (DFCP) Program. Join us in St. Louis, and start down the road to personal and professional advancement. Courses include: Fundamentals of Economic Development Finance, Intro Tax Increment Finance, Intro Public-Private Partnership (P3) Finance, Intro Bond Finance, and Intro Rural Finance. 2015 CDFA New York/New Jersey Conference September 17, 2015 Join the CDFA New York/New Jersey Financing Roundtable for the annual conference on September 17, 2015. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the New York and New Jersey economies going forward.
New York/New Jersey News
Vineland DID Forming Millennial Advisory Board SNJ Today \| Jun. 24 \| Local Finance Program \| Tax Increment Finance (TIF) Montgomery (NY) IDA OKs Bonds for Biomass Plant Times Herald-Record \| Jun. 23 \| Bond Finance \| Energy Finance CA is on Track for a Major Renewable Energy Boost Greentech Solar \| Jun. 23 \| Energy Finance \| Green Finance Senate Version of Passenger Rail Bill Introduced Railway Track & Structures \| Jun. 22 \| Access to Capital \| Infrastructure Finance \| Legislative Green Street Solar Announces Financial Partnership Business Wire \| Jun. 19 \| Energy Finance \| Green Finance Enroll Now! CDFA Brownfields Project Marketplace CDFA \| Jun. 12 \| Access to Capital \| Bond Finance \| Brownfield Financing \| Community Development \| Infrastructure Finance \| Public-Private Partnership (P3) Financing \| Revolving Loan Funds (RLFs) \| Rural Development \| Tax Credits \| Tax Increment Finance (TIF) \| U.S. Environmental Protection Agency (EPA) A Tale of Two Public-Private Partnership Cities Wharton University of Pennsylvania \| Jun. 11 \| Infrastructure Finance \| Public-Private Partnership (P3) Financing \| U.S. Environmental Protection Agency (EPA) SID Makes Plans on Bringing More Shoppers to Union Center Union News Daily \| Jun. 10 \| Access to Capital \| Tax Increment Finance (TIF) NY Proposes New Regulations for Brownfield Cleanups NY DEC \| Jun. 9 \| Access to Capital \| Brownfield Financing \| Legislative \| State Finance Program Senators Push Bill Updating Brownfields Program The Hill \| Jun. 3 \| Access to Capital \| Brownfield Financing \| Legislative CDFA Announces Brownfields Project Response Team Recipient CDFA \| Jun. 2 \| Brownfield Financing South Paterson, NJ BID Opposed by Some Property Owners Paterson Times \| Jun. 1 \| Economic Development \| Local Finance Program \| Tax Increment Finance (TIF) EPA Announces $54.3M to Assess and Cleanup Brownfields US EPA \| Jun. 1 \| Access to Capital \| Brownfield Financing \| U.S. Environmental Protection Agency (EPA) EB-5 Contributed $3.58B to US GDP and Supported Over 41K Jobs IIUSA \| May. 29 \| EB-5 Visa \| Member News A New Push to Make Brownfield Cleanup More Affordable Sustainable City Network \| May. 28 \| Brownfield Financing \| Economic Development \| Legislative \| Tax Credits State's Economic Strategy Paying Dividends Poughkeepsie Journal \| May. 28 \| Economic Development \| State Finance Program >>> SEARCH HEADLINES
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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 about CDFA, visit www.cdfa.net or e-mail info@cdfa.net.