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CDFA Washington Financing Roundtable Newsletter - May 2017
May 17, 2017
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CDFA Washington Financing Roundtable Newsletter


$269M Approved for WA Affordable Housing
The Washington State Housing Finance Commission approved a total of $269.5 million in financing for the rehabilitation or new construction of more than 1,100 affordable apartments. The nine projects range from much-needed rehabilitation of public housing in Aberdeen to new apartments for the homeless.

$7M in WA Clean Energy Fund Grants Advance Avista Microgrids
Spokane-based private utility Avista, and the Snohomish County Public Utility District (SnoPUD), each were awarded $3.5 million from the Washington Clean Energy Fund to further their innovative work on electricity "microgrid" projects.

Startup Spokane Reaching More WA Entrepreneurs
In the first quarter of 2017 alone, Startup Spokane, a program of Greater Spokane Incorporated, met with 70 aspiring and early startup business owners, nearly half the 170 owners it met with in all of last year.

WA Bills Would Link Boeing Tax Breaks to Size of Workforce
Frustrated by the loss of thousands of Boeing jobs in recent years, lawmakers are weighing two measures that would tie Boeing's eligibility for tax breaks to the number of people the company employs. At the end of March, Boeing's employment was down 15,757 from January 2013.

Water Rights Law is Damaging to Rural WA Economic Development
Despite this historically wet winter, there is a huge political fight underway about the scarcity of water. At issue are Washington's Byzantine water laws. The law balances century-old water claims for municipalities and farmers with tribal rights to fish. The law grants limited exemptions for well drilling too.

KeyArena Proposals Going Ahead Despite Mayor Murray's Exit
The man running the Key­Arena renovation proposal process says Seattle Mayor Ed Murray's decision not to run for re-election will have zero impact on proceedings. SP is seeking up to $250 million in public-bond funds for its $521 million proposal.

Upcoming Events

CDFA Washington Conference
October 10, 2017 - Seattle, WA
Join the CDFA Washington Financing Roundtable for a special one-day conference hosted at Foster Pepper PLLC in Seattle. 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 Washington economy going forward.

Intro Food Systems Finance WebCourse
June 7 - 8, 2017 - Daily: 12:00 - 5:00 PM Eastern
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.

Washington News

Local Grant Program Supports Historic Selah, WA Buildings
Yakima Herald | May. 14 | Historic Preservation

VW Taps Portland and Seattle for Electric-Vehicle Charging Investment
Portland Business Journal | Apr. 26 | Economic Development | Infrastructure Finance


State Partner

Washington Economic Development Finance Authority Washington Higher Education Facilities Authority Washington State Department of Commerce Washington State Housing Finance Commission

Venue Sponsor

Foster Pepper

Premium Sponsor

KeyBanc Capital Markets Kutak Rock LLP

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

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

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CDFA National Sponsors

  • Alaska Industrial Development and Export Authority
  • Baker Tilly Virchow Krause
  • Ballard Spahr LLP
  • BNY Mellon
  • Bricker & Eckler LLP
  • Bryan Cave Leighton Paisner LLP
  • Business Oregon
  • CohnReznick
  • FBT Project Finance Advisors LLC
  • Frost Brown Todd, LLC
  • Grant Thornton LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • MB Financial Bank, NA
  • McCarter & English, LLP
  • McGuireWoods
  • NW Financial Group, LLC
  • SB Friedman Development Advisors
  • Squire Patton Boggs
  • Stern Brothers
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
Become a Sponsor