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CDFA Pennsylvania Financing Roundtable Newsletter - November 2014

CDFA Pennsylvania Financing Roundtable Newsletter - November 2014
November 12, 2014
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CDFA Pennsylvania Financing Roundtable Newsletter

Feature

Strong Economies, Resilient Counties: The Role of Counties in Economic Development
Counties are responsible for providing core services, such as human services, criminal justice, public welfare and infrastructure, to communities of all sizes across America. To ensure the delivery of these essential services, support job growth and maintain a healthy revenue base, counties invest in economic development activities in a number of ways.

Pittsburgh Scales Back Plans for Hill District TIF
According to the Pittsburgh Business Times, plans for a Hill District TIF are being scaled back to keep uses in line with state requirements. TIF may now form part of a larger financing plan to help address workforce and housing in the area.

Northeast PA Receives $3M Manufacturing Grant from DOD
The $3M initiative will deploy a collaborative network of workforce and economic development organizations. The strategy will assist regional manufacturers, provide international export and foreign investment support, and conduct a comprehensive assessment of PA companies statewide that provide goods and services to the DOD.

The Economic Viability of Microfinancing in Rural PA
This study analyzed the role of microfinancing programs in providing financial services to small businesses located in rural Pennsylvania counties. Microfinancing focuses on providing loans less than or equal to $50,000 to individuals who typically operate a business of five employees or fewer.

URA of Pittsburgh Awarded CDFA Excellence in Tax Credit Finance Award
CDFA to present the Urban Redevelopment Authority of Pittsburgh with the CDFA Excellence in Tax Credit Finance Award. URA, along with other government agencies and partners helped to transform a blighted property using various forms of financing.

Upcoming Events

Save the Date! 2015 CDFA Pennsylvania Conference
June 11, 2015, Harrisburg, PA
Join the CDFA Pennsylvania Financing Roundtable for the fourth annual conference. This one-day event will feature a number of economic development finance experts from around the state discussing new development finance tools, authorities, resources and approaches, and how these methods can affect the Pennsylvania economy going forward.

CDFA Spotlight

CDFA Announces USDA Rural Development Partnership
CDFA is excited to announce a two-year partnership with the U.S. Department of Agriculture (USDA) Rural Development. This initiative will first focus on an increase in development finance education and resources for USDA's internal staff of 3,800+ field representatives. The initiative will also promote USDA funding and financing best practices for rural communities.

Pennsylvania News

Elizabethtown College Awarded $500K EDA Grant
Read Media | Nov. 10 | Access to Capital | Energy Finance | Green Finance

Ex-Im Provided $5B in Financing and Supported 160K Jobs
PR Newswire | Nov. 7 | Access to Capital | Export Import Bank of the United States (Ex-Im Bank) | Federal

Tax Incentives Reported as Lost Income Under New GASB Rule
GOVERNING | Nov. 6 | Economic Development | Local Finance Program | State Finance Program | Tax Credits | Federal

Fay-Penn in PA Receives USDA Funding for Small Businesses
Herald Standard | Nov. 3 | Access to Capital | U.S. Dept. of Agriculture (USDA)

Tips for Successful Brownfields Grant Proposals Webinar
NALGEP | Nov. 3 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Minimum State PAB Volume Cap Higher for 2015
The Bond Buyer | Nov. 3 | Bond Finance | State Finance Program | Internal Revenue Service (IRS) | Federal

USDA, CoBank, CPAM Rural Infrastructure Opportunity Fund
Capital Peak Asset Management | Nov. 3 | Access to Capital | Member News | Rural Development | U.S. Dept. of Agriculture (USDA)

News Briefs: New Markets Tax Credits
Novogradac & Co. | Nov. 1 | State Finance Program | Tax Credits | U.S. Dept. of Treasury | Federal

Investments in 12 PA Projects to Enhance Economic Development
WTAE Pittsburgh | Oct. 29 | Access to Capital | Economic Development | Infrastructure Finance | State Finance Program

PA Brownfield Receives ULI Global Award for Excellence
The Morning Call | Oct. 24 | Access to Capital | Brownfield Financing | Community Development

DCED Awards Industrial Sites Reuse Program to EDC
DCED | Oct. 22 | Economic Development | Redevelopment

CRIZ off the Table in 2015 for Reading, PA
Reading Eagle | Oct. 20 | Economic Development | Local Finance Program | Tax Increment Finance (TIF)

Gov. Announces Grants To Revitalize Pittsburgh, PA Brownfield
2013 Kolb Net Works, Inc | Oct. 16 | Brownfield Financing | Community Development | Economic Development | Infrastructure Finance | Redevelopment | State Finance Program


Sponsors

Venue Sponsor

Greater Pittsburgh Chamber of Commerce

Annual Roundtable Sponsor

Ballard Spahr LLP

Conference Supporting Sponsor

Altoona-Blair County Development Corporation

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

New Members

Strategic Advisory Group - Wayne, PA


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 2200
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
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
Become a Sponsor