Twenty developments have been selected to receive federal low-income housing tax credits (LIHTCs) and state Rental Housing Funds from the Maryland Department of Housing and Community Development (DHCD). The awards will help construct or rehabilitate approximately 1,500 rental units, including 224 units that will be set aside for individuals with disabilities.

SB 317, or the More Jobs for Marylanders Act of 2017, passed in the Senate with amendments on March 23, and only Sen. Roger Manno opposed the bill. The bill is aimed at expanding Maryland's manufacturing industry by using accelerated depreciation and tax incentives.

The Maryland Department of Commerce has awarded 21 small and mid-sized Maryland companies ExportMD grants to help promote their products and services in the global marketplace. The ExportMD grant program assists businesses finance the costs of marketing internationally, including trade show fees, brochures and travel expenses. 

Maryland Governor Larry Hogan has declared that the paid sick leave bills making their way through the legislature "are dead on arrival" if they reach his desk. He is instead proposing tax incentives for businesses with fewer than 50 people who offer paid sick leave.

The Maryland Public Service Commission hearing proposals from two developers to build wind farms in the Atlantic Ocean off Maryland. The two developers are competing for up to $1.9 billion in subsidies over 20 years, paid for by the state's electricity ratepayers, a crucial financing mechanism for developers to recoup the cost of building the massive wind farms.

Proposed by Sen. George Edwards, R-Washington, a bill would establish the County Economic Development Tax Incentives Program. Washington County is one of 10 jurisdictions that could benefit from the bill which would offer tax incentives to new or expanding businesses in distressed counties.

The Hogan administration is asking the General Assembly for more power to attract companies to Maryland — and to keep those that are here from leaving. The plan accomplish this is to use state spending on business incentives through loans, grants and tax credits.

Democrats in Maryland's congressional delegation want President Trump to take personal charge over a stalled $2 billion public-private partnership proposal to swap the FBI headquarters site in downtown Washington for a new facility outside the capital.

This course brings TIF deal-making and best practices into focus through a two-day program targeting the entire TIF community including economic developers, public agency representatives, bond issuers, legal professionals, developers, financial advisors, and other stakeholders. 

Join the CDFA South Carolina Financing Roundtable, in partnership with JEDA or a special one-day conference hosted at the University of South Carolina Alumni Center. 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 South Carolina economy going forward.

The Intro Food Systems Finance WebCourse examines the development finance programs that sustain a local food system and how investments in that system can drive economic development on a broader scale. Topics covered include federal, state, and local sources of capital, stakeholders involved in the financing process, and case study examples that showcase the variety of financing programs.

State Partner