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CDFA New York/New Jersey Financing Roundtable Newsletter - September 2014

CDFA New York/New Jersey Financing Roundtable Newsletter - September 2014
September 10, 2014
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CDFA New York/New Jersey Financing Roundtable Newsletter

Feature

Empire State Development and New Jersey Economic Development Authority to Speak on NY & NJ State Financing Programs
While most development finance programs are available throughout the nation, there are several unique financing programs available at the state level as well. During this session, officials from both state organizations will discuss the past, present, and future of economic and community development in the region. Don't miss this opportunity to hear the latest information on each state's new programs and initiatives for supporting growth in their communities.

Brooklyn Manufacturer Plans Move to NJ with Tax Credits
The Wall Street Journal reports on a move by manufacturing firm AP&G to Bayonne, NJ, from Brooklyn. The company was given assistance by NJEDA in the form of tax credits.

States Try to Make it Easier to Raise Money with Crowdfunding
To date, thirteen states plus D.C. have passed laws or regulations allowing startups to use crowdfunding to raise money from investors with less red tape than companies with shareholders, according to GOVERNING.

Nassau County, NY Benefits from $1B Wastewater P3
NCPPP republished this feature article from Public Works Financing that highlights a $1B P3 deal in Nassau County. The contract will allow United Water to guarantee cost savings while handling all treatment work for 20 years.

CDFA Announces Winners of CDFA New York/New Jersey Financing Roundtable Excellence Awards
The Council of Development Finance Agencies (CDFA) is proud to announce the winners of the 2014 New York/New Jersey Financing Roundtable Excellence Awards and recognize outstanding development finance programs, agencies, leaders, projects and success stories. Award winners will be recognized at the conference on September 16.

Upcoming Events

2014 CDFA New York/New Jersey Financing Roundtable Conference
September 16 - New York, NY
Last Chance to Register - Don't Miss Out!
The CDFA New York/New Jersey Conference is on September 16 and you won't want to miss this event. Social Impact Bonds, Resiliency, Access to Capital - these are just a few of the topics to be discussed. See the agenda for our powerful speaker panels and sign up today! Scholarships are available for this event.

New York/New Jersey News

Saugerties, NY to Get $3M for Storm Mitigation, Recovery
Daily Freeman | Sep. 8 | Access to Capital | Disaster Recovery & Relief | Infrastructure Finance | Rural Development | State Finance Program

Auto Software Firm Gets Nassau IDA Tax Breaks
The Island Now | Sep. 8 | Economic Development | Local Finance Program | Member News | Tax Credits

New Jersey Bill to Levy Fines Against Absent Creditors
The Trentonian | Sep. 5 | Community Development | Legislative | Local Finance Program | Redevelopment | Urban Development

Hudson, NY Community Center Benefits from $10M NMTC
BusinessWire | Sep. 5 | Community Development | Redevelopment | Rural Development | Tax Credits | U.S. Dept. of Treasury CDFI Fund

Crowdfunding Helps Bag $85M NYC Building
Crain's New York Business | Sep. 3 | Access to Capital | Crowdfunding

Better by Design: Tax Credits' Structure Provides Superior Results
Novogradac & Co. | Sep. 3 | Tax Credits | U.S. Dept. of Housing & Urban Affairs (HUD) | U.S. Dept. of Treasury | U.S. Dept. of Interior - National Park Services (NPS) | Federal

NRG Energy's New $40M HQ Benefit from NJEDA Tax Credit
Times of Trenton | Sep. 2 | Energy Finance | Green Finance | Member News | State Finance Program | Tax Credits

New Jersey Bill Proposes Loan Fund for Hospital Generators
The Record | Aug. 31 | Access to Capital | Infrastructure Finance | Legislative | Member News

Nassau County, State Pitch in for North Hills Headquarters
Long Island Newsday | Aug. 29 | Economic Development | Local Finance Program | Member News | State Finance Program | Tax Credits

Preservation Group to Congress: Save Historic Tax Credit
Syracuse Post-Standard | Aug. 27 | Legislative | Redevelopment | Tax Credits | Federal

SUNY Cobleskill Approved for START-UP New York
The Daily Star | Aug. 25 | Access to Capital | Innovation Finance | State Finance Program | Tax Abatements

Supporting Small Businesses through Economic Development Offices
Cities Speak | Aug. 22 | Crowdfunding | Innovation Finance | Member News | U.S. Small Business Administration (SBA)

EB-5 Tapped for $1.2B Hudson Yards Project in NYC
China Daily | Aug. 22 | Access to Capital | EB-5 Visa | Redevelopment | Urban Development

Commentary: New Markets Tax Credit Reports Ignore Success
New Markets Tax Credit Coalition | Aug. 20 | Economic Development | Legislative | Tax Credits | U.S. Dept. of Treasury CDFI Fund | Federal

Appalachian Regional Commission Funds Hartwick Food Center
Hartwick College | Aug. 18 | Access to Capital | Food Systems Finance | Rural Development

NY State Puts Priority on Biz Incubator Funding
Olean Times Herald | Aug. 18 | Access to Capital | Innovation Finance | State Finance Program

Three Projects to Get $90M in Aid from Westchester IDA
The Journal News | Aug. 15 | Access to Capital | Community Development | Local Finance Program


New Additions to the Online Resource Database

New Jersey Comprehensive Statewide Historic Preservation Plan 2013-2019
Community Development | Redevelopment | State Finance Program
This plan from the New Jersey Historic Preservation Office outlines the vision and goals for the agency looking ahead to 2019. The plan includes information on getting involved and overcoming financing challenges.

Investing in Manufacturing Communities Partnership Factsheet: Greater Rochester / Finger Lakes Region
Reshoring Manufacturing | U.S. Economic Development Administration (EDA)
This factsheet from the U.S. Economic Development Administration outlines the partner organizations involved in the Greater Rochester / Finger Lakes Region Manufacturing Community, including their vision and strategies to strengthen their competitive edge for attracting global manufacturer and supply chain investments.

P3 Issues and Considerations
Infrastructure Finance | Local Finance Program | Public-Private Partnership (P3) Financing
Practical Law Finance discusses public private partnerships (P3s) including when they should be used to develop infrastructure projects. This resource also discusses the most commonly used P3 structures, alternatives and how infrastructure projects (including those using a P3 structure) are typically financed.


Sponsors

Venue Sponsor

BNY Mellon

Annual Roundtable Sponsor

Hawkins Delafield & Wood LLP New Jersey Economic Development Authority Squire Patton Boggs Stern Brothers & Co. United Fund Advisors

Conference Premium Sponsor

HR&A Advisors Windels Marx Lane & Mittendorf, LLP

Conference Supporting Sponsor

Think Forward Financial, LLC

For information about sponsoring the CDFA New York/New Jersey Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.

New Members

Ruskin Moscou Faltischek P.C. - Uniondale, NY

CEDI-US, Inc. - New York, NY


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 2200
Columbus, OH 43215
(614) 224-1300
info@cdfa.net

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