The Council of Development Finance Agencies this year will work to obtain separate bills that would ease certain tax restrictions for manufacturing bonds and remove water and sewer bonds from the private activity bond volume cap.

In the six years since Philadelphia began to slowly reverse decades of population loss, the city has seen its share of real estate development controversies. Most of these—involving questions of gentrification, tax abatements, and density—would be familiar in any number of U.S. cities that have undergone a resurgence in the past few years. But lately, discussions about the preservation and demolition of the city's thousands of historic properties have been particularly pitched.

U.S. Congressmen Paul Gosar (R-AZ), Jared Polis (D-CO), Trent Franks (R-AZ) and Mike Thompson (D-CA), introduced bipartisan legislation, the Public Land Renewable Energy Development Act of 2017, which aims to streamline the permitting process for wind, solar and geothermal development on public lands and establishes a revenue sharing mechanism that ensures a fair return for relevant parties.

Florida Community Loan Fund recently closed its latest New Markets Tax Credit (NMTC) project: the $10 million Southwest Florida Regional Technology Hub, located in Ft. Myers, Florida.

During his confirmation hearing, Steve Mnuchin said he'd work to improve private activity bonds, following a line of questioning from Sen. Brown (D-OH). Sen. Brown introduced MAMBA in the US Senate in 2016.

Land along the Saginaw River that once housed a General Motors Corp. foundry and landfill soon will find new uses that could include fishing, hiking and biking. Michigan's Department of Natural Resources plans to buy 334 acres of former GM property from RACER Trust for $10 to turn it into an urban park.

Cities, counties and states are gearing up for a costly battle over billions of dollars in federal funding after President Trump threatened to halt support for those that defy his ban on so-called "sanctuary cities."

As tax reform takes shape, a key challenge for the municipal market in maintaining full access to the tax exemption stems from a factually flawed methodology utilized by the Joint Committee on Taxation.

CDFA is proud to release its 2017 Policy Agenda. Our agenda outlines numerous recommendations to some of the nation's most difficult development finance issues, and we hope that Congress and the Administration will use our recommendations as a roadmap to improvements in these areas.

February 23, 12:00 - 5:00 PM EST
CDFA is excited to offer the Brownfields Project Marketplace as an opportunity for communities to receive free technical assistance related to the redevelopment and financing of brownfield projects. Join us online on February 23, to consult with financing professionals and brownfield project experts who can help identify potential resources for your brownfield project.

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, learn from expert speakers as they discuss developments in the water finance space and how different financing mechanisms like bonds, RLFs, P3s, and other tools are being used to address today's water infrastructure projects.

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