CDFA North Carolina Financing Roundtable Newsletter - July 2016
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| Feature |
NC Tax Cap May Imperil Triple-A Rating
Enshrining a lower income tax cap in North Carolina's state constitution may tarnish the state's gilt-edged credit ratings, opponents argue, as the state prepares to launch a $2 billion bond program.
NC Secretary of State Praises Crowdfunding Bill
Elaine Marshall, the North Carolina Secretary of State who heads financial securities efforts, heartily endorsed crowdfunding legislation passed by the General Assembly at the end of June.
Riding the Rails: $10M Grant to Upgrade Carolinas Short Line
A $10 million federal grant will be used to upgrade a short line railroad connecting Horry County, South Carolina, and Columbus County, North Carolina.
FL Energy Company Chooses Rockingham County for $450M Facility
Rockingham County commissioners approved up to $7.39 million in annual tax incentives over five years for NTE Energy once it reaches full production.
Planned $272M Intermodal Rail Terminal in Southeast U.S.
Backed by a $4.3 million, performance-based grant approved by the Economic Development Partnership of North Carolina, the CSX has announced plans to open a new intermodal terminal in Edgecombe County.
CDFA Brownfields Financing Webinar Series: Strategic TIF Structuring for Redevelopment
Thursday, September 1 | 2:00 - 3:30pm Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss tax increment financing and how it can be used to compliment the redevelopment and cleanup of your brownfield project.
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Upcoming Events |
CDFA Summer School
August 8-12, 2016 - Baltimore, MD
CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program.
CDFA North Carolina Conference
Thursday, September 22, 2016 - Research Triangle Park, NC
Join CDFA for the 2016 North Carolina Financing Roundtable Conference on September 22 in Research Triangle Park! This conference will feature economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the North Carolina economy going forward.
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North Carolina News |
Mount Airy Gives Support to Apartment Project with Tax Credits
The Mount Airy News | Jul. 27 | Tax Credits
Dept. of Commerce Invests $1.3M in Camden County, NC
US Economic Development Administration | Jul. 25 | Access to Capital | Federal | Infrastructure Finance | U.S. Dept. of Commerce (DOC) | U.S. Economic Development Administration (EDA)
City of Marion Hopes Loan Fund Will Promote New Businesses
McDowell News | Jul. 22 | Access to Capital | Revolving Loan Funds (RLFs) | State Finance Program
New Legislation in NC Impacts the Agribusiness Industry
JD Supra | Jul. 20 | Agriculture Finance | Food Systems Finance | Tax Credits | U.S. Dept. of Agriculture (USDA)
EPA Announces $10.7M in Supplemental Funds to Cleanup Brownfields
US EPA | Jul. 18 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)
NC's Series 2016B GO Public Improvement Bonds Rated 'AAA'
Reuters | Jul. 14 | Bond Finance
$250K State Grant to Be Used in Fayetteville
The Fayetteville Observer | Jul. 13 | Innovation Finance | Public-Private Partnership (P3) Financing
As the State Goes Green, the Fed Dollars Follow: USDA Announces Loan Guarantees
News & Record | Jul. 11 | Access to Capital | Energy Finance | Green Finance | Rural Development | U.S. Dept. of Agriculture (USDA)
Downtown Triad Building to Become Hotel Indigo
Triad Business Journal | Jun. 30 | Tax Credits
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Sponsors |
Venue Sponsor
Conference Premium Sponsor
Conference Supporting Sponsor
For information about sponsoring the CDFA North Carolina Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
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New Members |
City of Durham - Durham, NC
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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.
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Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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