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CDFA California Financing Roundtable Newsletter - April 2014

CDFA California Financing Roundtable Newsletter - April 2014
April 30, 2014
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CDFA California Financing Roundtable Newsletter

Feature

First Non-Profit Seeking $9.4M from California's I-Bank
According to the Sacramento Business Journal, B Street Theatre company applied for a $9.4M loan with a 30-year term. The I-Bank is an economic development program of the Governor's Office of Business and Economic Development, popularly known as GO-Biz. If the theater project were approved, it would be the I-Bank's first grant to a non-profit group.

How California is Making the Most of EB-5
In this CDFA webcast, our expert panelists including Peter Joseph of IIUSA, Mariza McKee with Kutak Rock, and Kraig Schwigen with CMB Regional Centers present on the impact being made by EB-5 in California, key rules and regulations, and considerations for incorporating EB-5 into potential projects.

New Analysis Details Petroleum's Contribution to CA Economy
The Western States Petroleum Association (WSPA) has released the findings of a new economic study produced by the Los Angeles County Economic Development Corporation (LAEDC) detailing the oil and gas industry's sizable economic and fiscal impacts on California's economy.

California Preps $750M of Competitive GOs
The Bond Buyer reports that California is selling $750M of general obligation debt. The largest auction is for $575M of tax-exempt bonds, which will finance transportation projects in the state.

Upcoming Events

2014 CDFA California Financing Roundtable Conference
October 9, 2014 - Long Beach
Join CDFA and CALED for the California Financing Roundtable Conference on October 9, 2014 as we focus on "Financing Economic Development: Best Practices & Steadfast Programs." This one-day event will feature a number of economic development finance experts and leaders from around the state discussing development finance tools, resources, authorities, and approaches and how these methods can move California's economy forward. CDFA is excited to partner with CALED to host this specialized initiative for the economic development and project finance professionals in the state. The event will be held at the Hotel Maya in Long Beach. Register today to reserve your spot at the 2014 California Financing Roundtable Conference. 

California News

Picking Up the PACE on Energy and Water Efficiency in 167 CA Cities
PublicCEO | Apr. 28 | Access to Capital | Bond Finance | Energy Finance | Green Finance

CMFA & Affirmed Housing Group Partner to Preserve Affordable Housing
California Municipal Finance Authority | Apr. 28 | Access to Capital | Community Development | Local Finance Program | Member News

Congressional Inaction Threatens Bridge Repair
The Bond Buyer | Apr. 25 | Infrastructure Finance | Legislative

Fresno Included in State's New Hiring Credits
Business Journal | Apr. 25 | Access to Capital | Economic Development | State Finance Program | Tax Credits

Gov. Brown Getting the Message on California's Film Tax Credit Troubles
Wrap News | Apr. 25 | Economic Development | Local Finance Program | Tax Credits

California to Vote on Entrepreneur-in-Residence Program
Governing | Apr. 23 | Innovation Finance | Legislative | State Finance Program

S&P: Stockton Agency's TIF Bonds Now Stable
The Bond Buyer | Apr. 23 | Bond Finance | Tax Increment Finance (TIF)

Obama Preparing Transportation Plan
The Hill | Apr. 23 | Infrastructure Finance | Legislative | Federal

USDA Supports Water Quality Projects in 40 States & Puerto Rico
U.S. Department of Agriculture | Apr. 23 | Access to Capital | Infrastructure Finance | Rural Development | U.S. Dept. of Agriculture (USDA) | Federal

New MSRB Rule for Municipal Advisors Establishes Fee
MSRB | Apr. 23 | Federal | Municipal Securities Rulemaking Board (MSRB)

Treasury Creating Office for State and Local Finance
The Bond Buyer | Apr. 22 | Bond Finance | U.S. Dept. of Treasury | Federal

SBA Just Made It Easier to Secure a Loan
The Washington Post | Apr. 22 | Access to Capital | U.S. Small Business Administration (SBA) | Federal

Rule Change Should Aid Small Business
The Davis Clipper | Apr. 21 | Access to Capital | U.S. Small Business Administration (SBA) | Federal

MSRB Files New Rule for Municipal Advisors
The Bond Buyer | Apr. 21 | Federal | Municipal Securities Rulemaking Board (MSRB)

San Diego County Allows PACE in Unincorporated Areas
San Diego Union-Tribune | Apr. 17 | Access to Capital | Bond Finance | Energy Finance | Green Finance | Rural Development

Brownfields Bill Moves Through Senate Committee
Smart Growth America | Apr. 17 | Brownfield Financing | Legislative | U.S. Environmental Protection Agency (EPA) | Federal

SBA May Request $1.5B Bump in Lending Authority
Fierce Government | Apr. 16 | Access to Capital | U.S. Small Business Administration (SBA) | Federal


New Additions to the Online Resource Database

San Diego Regional SnapShot
Economic Development | Local Finance Program
San Diego Regional EDC analyzes key economic metrics that are important to understanding the regional economy and San Diego's standing relative to other major metropolitan areas in the U.S. This issue covers data from the October 2013-January 2014 quarter.

Assessment of P3 Opportunity for San Francisco Veterans Med. Center
Access to Capital | Infrastructure Finance | Local Finance Program | Public-Private Partnership (P3) Financing
This report, prepared for the Northern California Institute for Research and Education, the research arm of the San Francisco Veterans Affairs Medical Center (SFVAMC), assesses the potential for the VA to pilot an alternative financing and execution strategy around the proposed SFVAMC Extension, using a public-private partnership (P3) procurement.


Sponsors

Venue Sponsor

Downtown Long Beach Associates

Conference Premium Sponsor

Growth Capital Associates, Inc Public Financial Management

Conference Supporting Sponsor

Federal Home Loan Bank San Francisco

For information about sponsoring the CDFA California 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
85 E. Gay Street, Suite 700
Columbus, OH 43215
(614) 224-1300
info@cdfa.net

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CDFA National Sponsors

  • Alliant Insurance Services, Inc.
  • BNY Mellon
  • Bricker Graydon 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
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
Become a Sponsor