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CDFA California Financing Roundtable Newsletter - January 2017

CDFA California Financing Roundtable Newsletter - January 2017
January 18, 2017
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CDFA California Financing Roundtable Newsletter

Feature

CA Green Muni Bonds Top $1.3B in 2016
In the three years since the State Treasurer's Office issued the first California green bond, over $2 billion in green bonds have been issued in the state. Green bonds are used to finance projects with environmentally positive attributes such as renewable energy or energy efficiency projects.

San Francisco to Ask for $350M Seawall Bond
San Francisco voters will be asked to approve a $350 million bond measure to fund repairs to its fragile seawall, which experts believe needs a multi-billion dollar investment.

Proposed CA Bills Would Increase State LIHTC's to $300M Annually
These bills will fund the production of housing for low-income families, incentivize local governments to complete upfront planning and environmental review and approve housing permits to increase housing supply, fund the enforcement of existing state housing laws, and more.

Broadband Investments Necessary to Grow CA Rural Economy
Bringing broadband capabilities to farms would allow advances in irrigation technology, more accurate predictions of weather conditions, the utilization of drones, and even the proliferation of self-driving tractors. Those advances could lead to a more productive agricultural marketplace.

CA to Receive Part of $225M for Water Projects
The $225 million in funding will be shared among 88 projects, from California's Central Valley to centuries-old irrigation systems in northern New Mexico and thousands of square miles of fragmented streams in Maine. More than half of the projects specifically address drought and water quality.

NMTC Coalition Urges Supporters to Sign Letter
The NMTC Coalition is sending a letter to Congress urging leadership to protect the New Market Tax Credit. Please consider signing their letter if you support this important development tool.

Upcoming Events

Intro Tax Credit Finance WebCourse
February 15-16, 2017 - Daily: 12-5 pm Eastern
The Intro Tax Credit Finance WebCourse examines the application of tax credit programs in greater economic development finance efforts. This course will discuss the practical application of tax credit programs including brownfields, new markets, low income housing, historic preservation, and state-specific programs.

Learn More About CDFA's Free Technical Assistance for Brownfields
February 1, 2017 - 1:00 pm Eastern
The Council of Development Finance Agencies (CDFA) offers free technical assistance to State, Local, and Tribal brownfield financing efforts. CDFA and partners provide resources and expertise related to revolving loan funds, tax credits, tax increment finance and other effective financing tools. 

California News

LA Regional Water Recycling Program is Feasible
Business Wire | Jan. 9 | Infrastructure Finance | Water Finance

Ygrene Secures $95M to Support Nationwide Expansion of PACE Program
PR Newswire | Dec. 21, 2016 | Energy Finance | Green Finance


Sponsors

Roundtable Partner

California Association for Local Economic Development

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
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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