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CDFA Ohio Financing Roundtable Newsletter - January 2016

CDFA Ohio Financing Roundtable Newsletter - January 2016
January 13, 2016
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CDFA Ohio Financing Roundtable Newsletter

Feature

Kasich Rejects Bond Issue to Battle Algae Blooms in Lake Erie
Gov. Kasich said he doesn't think it is necessary to ask voters to borrow money to tackle algae blooms on Lake Erie like the one that briefly choked off Toledo's drinking water last year.

TIF Created to Help Revitalize Timkin Plant Site in Columbus, OH
The City of Columbus has created a TIF district on pieces of land near the old Timkin plant site, reports WCBE. The $7.1 million package of public subsidies will be used to build a nearly $37 million manufacturing and warehouse facility.

Grandin Properties to Celebrate $2M Hogan Building Restoration
Roughly two years ago UrbanCincy reported that Grandin Properties had been awarded nearly $400,000 in historic tax credits from ODSA. On Tuesday, neighborhood leaders intend to celebrate a ribbon cutting for the $2 million project.

Port Authority Is Picking up Steam after Productive 2015
The Cleveland-Cuyahoga County Port Authority is spending $8 million to upgrade the infrastructure on the lakefront docks after increasing the number of monthly round trips from nine in 2014 by ships to 24 in 2015.

JobsOhio Touts Growth in Foreign Investment
According to Dayton Business Journal, foreign businesses and investors spent $2.1 billion to acquire, establish, or expand in Ohio in 2014. Attracting investment by non-U.S. companies is important to economic development officials because those projects tend to be longer-term.

Upcoming Events

Fundamentals of Economic Development Finance WebCourse
January 27-28, 2016 - Daily: 12-5pm (EST)
The Fundamentals Course is the foundation for all of CDFA's educational offerings. This course will help you understand the variety of development finance tools available, from bonds, tax credits and TIF, to federal financing programs, RLFs, and access to capital lending resources.

Ohio News

DFA Welcomes New Finance Manager
Development Finance Authority of Summit County | Dec. 9, 2015 | Local Finance Program | Member News

Amazon to Build Ohio Windfarm to Power Data Centers
The Kansas City Star | Jan. 11 | Energy Finance

Utilizing Solar Energy for Agricultural Businesses
Renewablesbiz | Jan. 7 | Energy Finance | Green Finance | Rural Development | U.S. Dept. of Agriculture (USDA)

All But Two States and Puerto Rico Can Issue More PABs in 2016
The Bond Buyer | Jan. 5 | Bond Finance

Writing for Dollars: Winning Grants for Redevelopment
Renewal & Redevelopment | Jan. 4 | Access to Capital | Brownfield Financing | Revolving Loan Funds (RLFs) | U.S. Environmental Protection Agency (EPA)

City Has Big Infrastructure Plans for Coming Year
Athens News | Dec. 31, 2015 | Access to Capital | Local Finance Program | Revolving Loan Funds (RLFs)

Ohio EPA Announces 2016 Water Pollution Control Loan Fund Management Plan
RealEstateRama | Dec. 29, 2015 | Bond Finance | Green Finance | U.S. Environmental Protection Agency (EPA)

Low-Interest Loan Will Aid Clyde Sewage Work
Toledo Blade | Dec. 28, 2015 | Green Finance | Infrastructure Finance | U.S. Environmental Protection Agency (EPA)

Galion Enters $987K Loan Agreement, Accepts HTI Building Donation
Richland Source | Dec. 24, 2015 | Access to Capital | Redevelopment | Revolving Loan Funds (RLFs) | Urban Development

Red Stone Provides Tax-Exempt Bond Financing
Multifamily Biz | Dec. 23, 2015 | Bond Finance | Community Development

$26M in Tax-Exempt Bond Financing for Senior Housing
Business Wire | Dec. 22, 2015 | Bond Finance

Lawmakers Agree on a Measure of Tax Extenders
U.S. Committee on Ways and Means | Dec. 17, 2015 | Bond Finance | Federal | Legislative | Tax Credits

The Music Settlement Commits to West Side School in Cleveland
The Plain Dealer | Dec. 14, 2015 | Community Development | Local Finance Program | Tax Credits | U.S. Dept. of Treasury

Recession Still Felt Across Rural Ohio
Telegraph-Forum | Dec. 10, 2015 | Rural Development

Fall 2015 Montgomery County Funding Recommendations Announced
Montgomery County | Dec. 9, 2015 | Economic Development

Brickler & Eckler LLP Report $5.7B in New Investment Oil and Gas Infrastructure
Columbus Business First | Dec. 9, 2015 | Infrastructure Finance | Member News

$40M Housing and Office Project Set for Downtown Dayton
Dayton Business Journal | Dec. 9, 2015 | Historic Preservation | Tax Credits

JobsOhio Q3 Report
JobsOhio | Dec. 9, 2015 | Economic Development


Sponsors

Roundtable Partner

Ohio Economic Development Association

Annual Roundtable Sponsor

Bricker & Eckler LLP Ice Miller LLP KeyBanc Capital Markets

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

New Members

City of Dayton - Dayton, OH


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 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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CDFA National Sponsors

  • BNY Mellon
  • Bricker Graydon LLP
  • Bryan Cave Leighton Paisner LLP
  • Business Oregon
  • CohnReznick
  • Frost Brown Todd LLP
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
Become a Sponsor