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CDFA Ohio Financing Roundtable Newsletter - June 2016

CDFA Ohio Financing Roundtable Newsletter - June 2016
June 8, 2016
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CDFA Ohio Financing Roundtable Newsletter

Feature

OH G.A. Pass Bill Empowering Cities to Kickstart Redevelopment Projects
The Ohio General Assembly recently approved Am. Sub. House Bill 233 , which empower cities to create downtown redevelopment districts and innovation districts for the purposes of rehabilitating historic buildings, creating jobs, encouraging economic development and supporting technology-oriented businesses.

Dayton Arcade Effort Moving Forward
The effort to redevelop the Dayton Arcade is moving forward. Dave Williams, Miller-Valentine Group's vice president of urban development, said the company plans to seek affordable housing tax credits.

Changes to Ohio JEDD Law Impact Economic Development
Ohio House Bill 182 which is in route to passage by the Ohio General Assembly will have a major impact on the operation of Joint Economic Development Districts (JEDDs).

Energy Investment Partnerships: Product Offerings & Market Assessment
Factsheet 2 of the Energy Investment Partnerships covers clean energy through bond markets, credit enhancements and capital markets, property assessed clean energy, and market assessment.

DFAs in OR, OH, NE Argue Against IRS Rule Change
Port authorities in Ohio and Oregon, along with Nebraska's Municipal Energy Agency, are fighting proposed IRS rule changes that will affect their abilities to issue bonds. The proposed regulations would require political subdivisions to serve a governmental purpose, and only incidental private benefit.

OH Historic Tax Credit Program Testimony Highlights Effectiveness
Tasked with making make the Ohio historic preservation tax credit more efficient and effective, the Ohio 2020 Tax Policy Study Commission held a public hearing on the future of the OH HTC.

Umbaugh Names Director for Columbus Office
Indianapolis-based Umbaugh has named former PNC Capital Markets managing director and supervisory principal Mark A. Miller to the new position for Umbaugh's Columbus, Ohio office.

Upcoming Events

CDFA Ohio Webcast: Downtown Redevelopment District Legislation
June 23, 2016 - 1:00 pm Eastern
The Ohio General Assembly and Governor Kasich recently passed the new Downtown Redevelopment District legislation (HB 233) that provides new tools, including property assessment and TIF-like provisions, available to rehabilitate historic buildings, promote economic development, and advance innovation. Funds can be utilized for loans and grants to owners of historic and non-historic properties, contributions to special improvement districts or CICs, public infrastructure improvements, and grants and loans to technology oriented businesses, incubators and accelerators located in innovation districts. Join the CDFA Ohio Financing Roundtable in partnership with the Ohio Economic Development Association for this timely webcast to learn more about this legislation and hear recommendations about how communities can utilize these new tools. Registration is free and open to all interested stakeholders.

CDFA Ohio Conference
Wednesday, September 21, 2016 - Columbus, OH
Join the CDFA Ohio Financing Roundtable for the eighth annual conference on September 21, 2016. 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 Ohio economy going forward.

The conference will take place at The Renaissance in downtown Columbus and is supported by dozens of the state's finest development finance leaders. Register today to reserve your spot at the 2016 CDFA Ohio Financing Roundtable Conference.

Ohio News

Keys to Securing Brownfield Funding Webinar - June 15
EPA | Jun. 6 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

CDFA Call for Advisors - Brownfields Project Marketplace
CDFA | Jun. 6 | Brownfield Financing

Drexel Theatre Could Get Help From TIF
thisweeknews.com | May. 31 | Tax Increment Finance (TIF)

EPA Announces FY16 Brownfields Grant Selections
US EPA | May. 24 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Senate EPW Committee Votes to Reauthorize EPAs Brownfields Program
Smart Growth America | May. 23 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

New OH Law Authorizes Creation of Downtown Redevelopment Districts
Calfee Halter & Griswold LLP | May. 12 | Economic Development | Historic Preservation | Legislative | Local Finance Program | Redevelopment | Special Assessment Districts

New OTR Theater Beats out International Competition for Event
Cincinnati.com | May. 11 | Community Development | Tax Credits


Sponsors

Roundtable Partner

Ohio Economic Development Association

Annual Roundtable Sponsor

Roetzel & Andress

Conference Premium Sponsor

Bricker & Eckler LLP FBT Project Finance Advisors LLC Frost Brown Todd, LLC Ice Miller LLP KeyBanc Capital Markets Novogradac & Company LLP Squire Patton Boggs

Conference Supporting Sponsor

Development Finance Authority of Summit County

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 Piqua - Piqua, OH

Hamilton Mill - Hamilton, 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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