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CDFA South Carolina Financing Roundtable Newsletter - December 2014

CDFA South Carolina Financing Roundtable Newsletter - December 2014
December 24, 2014
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CDFA South Carolina Financing Roundtable Newsletter

Feature

Manufacturing Company Expanding in Charleston County
Hubner Manufacturing Corporation is expanding their Charleston County facility thanks in part to a $350,000 grant from the Coordinating Council for Economic Development.

$800K Rural Infrastructure Fund Grant Approved for Marion County
The SC Department of Commerce announced the Coordinating Council for Economic Development approved an $800,000 Rural Infrastructure Fund Grant and job development credits related to the Precision Southeast, Inc, expansion project in Marion County.

SC Economic Development Handbook
The South Carolina Economic Developers' Association published the Economic Development Handbook. This handbook discusses the economic development process in South Carolina including, incentives, marketing, business retention and expansion, and much more.

Editorial: SC Needs a New Plan for Road Improvements
According to the projections in a recent report released by S.C. Transportation Commission, South Carolina will need to spend $60 billion over the next 25 years to meet its road needs. Also in the report is a revenue projection $1.5 billion short of covering its needs each year.

South Carolina Issues Bonds to Lure Boeing: Muni Deal
South Carolina will sell $85 million in debt this week to help Boeing expand a plant in North Charleston. Bloomberg reports that Boeing plans to invest $1 billion over the next eight years on the expansion.

Upcoming Events

Fundamentals of Economic Development Finance WebCourse
January 28-29, 2015
The Fundamentals of Economic Development Finance Course is the foundation for all of CDFA's educational offerings. This course will help you understand the variety of development finance tools available, from bonds, tax credits and TIF, to federal financing programs, RLFs, and access to capital lending resources.

South Carolina News

10 Top Equity Crowdfunding Campaigns From 2014
Forbes | Dec. 19 | Crowdfunding

Pew/CREC Business Incentives Initiative Update
Smart Incentives | Dec. 18 | Access to Capital | State Finance Program | Tax Credits

Reshoring Starting to Reshape US Manufacturing
South Bend Tribune | Dec. 16 | Reshoring Manufacturing

$150K Grant for Portucel, S.A. Operations in Greenwood County
SC Commerce | Dec. 16 | Access to Capital | Economic Development | State Finance Program

SIFMA Seeks Legis. "Fix" to MA Rule, Easing Burdens on Underwriters
The Bond Buyer | Dec. 8 | Bond Finance | Legislative | U.S. Securities and Exchange Commission (SEC) | Federal

CDFA Intro Tax Increment Finance WebCourse
CDFA | Dec. 4 | Tax Increment Finance (TIF)

$9.7M in Tribal Broadband and Infrastructure Support from USDA
Indian Country Media Network | Dec. 4 | U.S. Dept. of Agriculture (USDA)

SIFMA Survey: Total Muni Issuance to Edge up 2.7% to $357.5B
The Bond Buyer | Dec. 4 | Bond Finance | Local Finance Program | State Finance Program

World Bank Releases CDFA-Produced Brownfields Finance Report
CDFA | Dec. 4 | Brownfield Financing | CDFA Original Research | Community Development | Member News | International

GASB Disclosure Guidelines for State and Local Tax Abatements
Smart Incentives | Dec. 3 | Local Finance Program | State Finance Program | Tax Credits | Federal | Tax Abatements

CDFA Joins ACTION in Letter to Congress Supporting Housing Tax Credits
ACTION | Dec. 2 | Legislative | Tax Credits

Small Business Administration Extends Disaster Loan Applications
Farmington Voice | Dec. 1 | Access to Capital | Disaster Recovery & Relief | U.S. Small Business Administration (SBA)

Direct Loans Are Replacing Muni Bonds
GOVERNING | Nov. 26 | Bond Finance


Sponsors

Roundtable Partner

South Carolina Jobs-Economic Development Authority

Conference Founding Sponsor

Stifel Nicolaus

Conference Premium Sponsor

Regions Bank Corporate Trust

Conference Supporting Sponsor

Haynsworth Sinkler Boyd, P.A. McNair Law Firm Parker Poe Adams & Bernstein Pope Zeigler South Carolina Association for Community Economic Development

For information about sponsoring the South Carolina 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
100 E. Broad Street, Suite 2200
Columbus, OH 43215
(614) 224-1300
info@cdfa.net

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CDFA National Sponsors

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  • 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
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