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CDFA Pennsylvania Financing Roundtable Newsletter - January 2013

CDFA Pennsylvania Financing Roundtable Newsletter - January 2013
January 29, 2013
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CDFA Pennsylvania Financing Roundtable Newsletter

Feature

7 Technology Companies Awarded PA Tax Credits
The Dept. of Community and Economic Development approved tax credits for nearly 180 startups throughout Pennsylvania. This Lehigh Valley Live articles highlights how the credit helps seven local awardees.
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PA State Senator Talks Loan Programs, Job Creation
State Sen. Yudichak discusses Pennsylvania's manufacturing loan programs, which have recently approved a 1.50% interest rate and waived fees through March 31, 2013.
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Duane Morris Establishes Sandy Economic and Community Development Group
Earlier this month, Duane Morris LLP announced a new group focused on Sandy redevelopment assistance and future disaster planning.
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Community Economic Development Program Guidelines
The Community Economic Development (CED) loan program is administered by the Pennsylvania Dept. of Community & Economic Development. These program guidelines provide better understanding of the program and application process.
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CDFA Spotlight

Sponsor the CDFA Pennsylvania Financing Roundtable for 2013
Interested in putting your organization in front of hundreds of economic development finance professionals in the commonwealth? Sponsor the CDFA Pennsylvania Financing Roundtable in 2013.
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Pennsylvania News

Tax Credit Awards to Early Stage Companies Supports Job Growth, Innovation
International Business Times | Jan. 30 | Access to Capital | Innovation Finance | State Finance Program | Tax Credits

$100M Mixed-Use Development Set to Break Ground
Pop City Media | Jan. 30 | Economic Development | Infrastructure Finance | Member News | Federal

Pennsylvania Project Funding Updates
The Times-Tribune | Jan. 30 | Access to Capital | Economic Development | Infrastructure Finance | Local Finance Program

PA Health Secretary Proposes Increased Capital Access for Rural Healthcare
Standard Speaker | Jan. 30 | Access to Capital | Rural Development | State Finance Program

SBA Small Business Lending at Record Levels
RE Journals | Jan. 29 | Access to Capital | U.S. Small Business Administration (SBA) | Federal

Cost of Capital: 2013 Outlook for Energy Projects
Chadbourne & Parke LLP | Jan. 25 | Access to Capital | Bond Finance | Energy Finance | Green Finance | Infrastructure Finance | Federal

Reshored Manufacturing: Financing Our Next Great Economic Opportunity
CDFA | Jan. 23 | Reshoring Manufacturing | Bond Finance | Economic Development | CDFA Original Research

DCED Acts on Recommendation in Manufacturing Report
Team PA | Jan. 21 | Access to Capital | Economic Development | State Finance Program

USDA Loan Benefits Expansion Project
Public Opinion | Jan. 21 | Access to Capital | Rural Development | U.S. Dept. of Agriculture (USDA) | Federal

PA Gov Corbett Talks Growth, Economy
CNBC | Jan. 17 | Economic Development | State Finance Program

USDA Program Helps With Sewer or Water Connections
The Daily Review | Jan. 17 | Access to Capital | Infrastructure Finance | Rural Development | U.S. Dept. of Agriculture (USDA) | Federal

Pennsylvania Releases P3 Implementation Manual
Lexology | Jan. 14 | Bond Finance | Infrastructure Finance | State Finance Program

PA Redevelopment Project May Be Funded Without Tax Money
Trib | Jan. 14 | Brownfield Financing | Infrastructure Finance | Member News | Tax Increment Finance (TIF)

USDA Highlights 2012 Rural Communities Investments
United States Department of Agriculture | Jan. 10 | Access to Capital | Rural Development | U.S. Dept. of Agriculture (USDA) | Federal

PA Business Loan Programs Lower Costs
My San Antonio | Jan. 9 | Access to Capital | Green Finance | Revolving Loan Funds (RLFs) | State Finance Program

State Tax Incentives Help Companies Grow
CFO | Jan. 8 | Economic Development | State Finance Program | Tax Credits

News Briefs: Renewable Energy Tax Credits
Novogradac & Co | Jan. 8 | Energy Finance | Green Finance | State Finance Program | Tax Credits

News Briefs: Historic Tax Credits
Novogradac & Co | Jan. 7 | Legislative | Tax Credits | U.S. Dept. of Interior - National Park Services (NPS) | Federal

News Briefs: New Market Tax Credits
Novogradac & Co | Jan. 7 | Tax Credits | U.S. Dept. of Treasury CDFI Fund | Federal

Low-Interest Loans Support Business Site Development in PA
PR Newswire | Jan. 7 | Access to Capital | Economic Development | Infrastructure Finance | State Finance Program

NMTCs Help Build New YMCA
Sun Gazette | Dec. 312012 | Access to Capital | Community Development | Local Finance Program | State Finance Program | Tax Credits | U.S. Dept. of Treasury CDFI Fund | Federal


New Additions to the Online Resource Database

Tech-Based Economic Development in 2012
Access to Capital | Local Finance Program | Innovation Finance | State Finance Program | Federal
The State Science and Technology Institute (SSTI) released this report examining trends and programs aimed at catalyzing technology investment across the nation.

Brookings: Create a Nationwide Network of Advanced Industries Innovation Hubs
Innovation Finance | U.S. Dept. of Energy (DOE) | Federal | U.S. Dept. of Commerce (DOC)
Devashree Saha and Mark Muro at Brookings make the case for congress to authorize the build-out of a national network of innovation hubs, expanding on the programs already administered by the Department of Energy and Department of Commerce.

Clean Energy Bond Finance Model: Industrial Development Bonds (IDBs)
Bond Finance | Energy Finance | Green Finance
The Clean Energy + Bond Finance Initiative created this recommended financing model for clean energy development. The IDB model leverages bond financing to achieve relatively low cost capital for renewable energy.

Discovered in PA, Developed in PA: Program Guidelines
Access to Capital | Innovation Finance | State Finance Program
The Discovered in PA, Developed in PA (D2PA) grant program is designed to support creative, innovative projects and ideas that support job creation. The program guidelines detail eligibility, evaluation, application, and reports.

School Infrastructure Funding Alternatives
Bond Finance | Infrastructure Finance | Tax Credits | Tax Increment Finance (TIF) | U.S. Dept. of Treasury CDFI Fund | Federal
Clio Andris at National Association of Home Builders produced this document which explores some innovative ways to finance a school building or renovation project.


Sponsors

CDFA would like to thank the 2013 CDFA Pennsylvania Financing Roundtable Annual Roundtable Sponsors.

Ballard Spahr



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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