CDFA Michigan Financing Roundtable Newsletter - September 2013
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NEW DATE AND PRICE: Announcing the 2013 CDFA Michigan Financing Roundtable Conference
Join the CDFA Michigan Financing Roundtable this December 12, for our annual conference focused on "Maximizing Economic Development, Minimizing Risk in the Great Lakes State".
Pure Michigan Capital Locator Tool
This tool from Pure Michigan helps businesses at all stages get connected to the capital they need to grow and survive. Many different sources in this database!
Kalamazoo's River's Edge Tackles Brownfield Development
Members of the Brownfield Redevelopment Authority approved a purchase agreement to sell the 0.93-acre parcels to Ransom Real Estate LLC for $18,600. Developers were praised for their tackling of the site with an ambitious long-term plan.
Michigan Main Street Center Accepting Applications
Michigan Main Street Associate level services are available to communities by application and include a series of trainings intended to give local residents, businesses and property owners the tools necessary to develop fully-functioning grassroots community development organizations.
How Detroit is Impacting the Rest of the State's Finances
As Detroit foregoes its general obligation bonds, so goes the bond ratings and confidence around Michigan. Interest rates might have had some impact, but this author argues that ignorance is to blame as well.
HTCs: The Future of Detroit and American Cities
This featured article from Novogradac's Journal of Tax Credits discusses Detroit's well documented struggles. Novogradac highlights Detroit's efforts to restore life to the urban core, mainly by utilizing historic tax credits.
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Upcoming Events |
2013 CDFA Michigan Financing Roundtable Conference
NEW DATE - Thursday, December 12, 2013 - East Lansing, Michigan
Join the CDFA Michigan Financing Roundtable this December 12, for our annual conference focused on "Maximizing Economic Development, Minimizing Risk in the Great Lakes State". This one-day conference will feature a number of economic development finance experts and leaders from around the state discussing new development finance tools, resources, authorities, and approaches and how these methods can move Michigan's economy forward. Topics to be discussed include job creation, access to capital, redevelopment, infrastructure, reinvestment, federal funding and much more.
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Michigan News |
State and City Funding Helps Boyne City Revitalize Downtown
Northwest Michigan's Second Wave | Sep. 23 | Access to Capital | Local Finance Program | State Finance Program | Urban Development
MEDC Helps Milk Company with $16M Building Renovation
M Live | Sep. 23 | Access to Capital | State Finance Program
How One Michigan Company is Working with State to Grow Exports
M Live | Sep. 23 | Innovation Finance | State Finance Program
Kingsford Chooses Regional Option for Business Loan Fund
The Daily News | Sep. 19 | Community Development | Local Finance Program | Revolving Loan Funds (RLFs) | Innovation Finance
$27M in Incentives for Tower on Downtown Detroit Brownfield
Crain's Detroit Business | Sep. 19 | Access to Capital | Brownfield Financing | Local Finance Program | Urban Development
Habitat Michigan Launches Innovative New Mortgage Program
PRWeb | Sep. 19 | Access to Capital | Community Development | Member News
ACEEE Report Ranks U.S. Cities' Efforts to Save Energy
ACEEE | Sep. 18 | Energy Finance | Green Finance | Local Finance Program
Muni Commentary - Detroit and Harrisburg Compared
Wells Fargo | Sep. 18 | Bond Finance | Local Finance Program
Food Trucks Open for Business, Gather Incentives
M Live | Sep. 18 | Access to Capital | Economic Development | State Finance Program
Lansing Firm Plans $120M Fund to Spur Commercial Development
mibiz.com | Sep. 18 | Access to Capital | Community Development | Economic Development | Member News | Revolving Loan Funds (RLFs) | State Finance Program | Federal
Marquette Approves Multi-Use Third Street Corridor
Upper Peninsula's Second Wave | Sep. 17 | Community Development | Infrastructure Finance | Local Finance Program | State Finance Program
Saginaw 1 of 5 MI Cities to Get Blight Funding
Mid Michigan's Second Wave | Sep. 17 | State Finance Program | Urban Development
$3M State Loan is Final Piece for Hotel Project
M Live | Sep. 13 | Access to Capital | State Finance Program | Urban Development
Energy Dept. Loses $42M on Loan to MI Van Manufacturer
The Washington Times | Sep. 10 | Access to Capital | Energy Finance | Green Finance | U.S. Dept. of Energy (DOE) | Federal
County Acts on SBA Funds to Seed Micro Loan Program
Ann Arbor Chronicle | Sep. 6 | Access to Capital | Local Finance Program | U.S. Small Business Administration (SBA) | Federal
News Briefs: New Markets Tax Credits
Novogradac & Co | Sep. 6 | Member News | Tax Credits | U.S. Dept. of Treasury CDFI Fund | Federal
Detroit Brownfield Authority Approves Plans for Renovation of Milner Hotel
Michigan Chronicle | Sep. 4 | Access to Capital | Brownfield Financing | Local Finance Program | Urban Development
Genesee County Employs Renaissance Zone Designation
M Live | Aug. 31 | Brownfield Financing | Economic Development | State Finance Program | Tax Abatements
Downriver Community Conference Receives EPA Grant for Brownfields
The News-Herald | Aug. 26 | Access to Capital | Brownfield Financing | Local Finance Program | U.S. Environmental Protection Agency (EPA) | Federal
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New Additions to the Online Resource Database |
Financing Through the Drinking Water Revolving Fund (DWRF)
Access to Capital | Infrastructure Finance | Revolving Loan Funds (RLFs) | State Finance Program
The Drinking Water Revolving Fund (DWRF) assists public water suppliers in meeting the requirements of the Safe Drinking Water Act by providing low interest loans to community water suppliers and non-profit non-community water suppliers for planning, design, and construction of water supply projects.
Saginaw Future Financial Assistance
Economic Development | Local Finance Program | Revolving Loan Funds (RLFs) | Innovation Finance | State Finance Program | Federal
Saginaw Future, a local public-private economic development agency dedicated to fostering quality job creation, wraps up a few popular Local, State, and Federal financing tools into this easy-to-navigate overview.
2013 TIGER Awards - Project Summaries
Access to Capital | Infrastructure Finance | Federal
The U.S. Department of Transportation awarded $474M to 52 rural and urban transportation projects across the country. This resource offers detailed information for each of the awards including applicant, project descriptions, costs, highlights, and benefits.
2012 State CDFI Legislation & Advocacy Report
Access to Capital | Community Development | Legislative | Member News | State Finance Program | Tax Credits | U.S. Dept. of Treasury | U.S. Dept. of Treasury CDFI Fund | Federal
The Opportunity Finance Network provides a snapshot of CDFI-related policy activity at the state level during 2012. The report includes analysis and information on legislative trends, State New Markets Tax Credit programs, and the State Small Business Credit Initiative programs.
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Sponsors |
Annual Roundtable Sponsor
Conference Premium Sponsor
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CDFA Spotlight |
Sponsor the CDFA Michigan Financing Roundtable for 2013
Interested in putting your organization in front of hundreds of economic development finance professionals in the state? Sponsor the CDFA Michigan Financing Roundtable in 2013.
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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
85 E. Gay Street, Suite 700
Columbus, OH 43215
(614) 224-1300
info@cdfa.net
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