CDFA Kentucky Financing Roundtable Newsletter - July 2015
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| Feature |
CDFA Kentucky Webcast: Understanding EB-5 - August 19
Join the CDFA Kentucky Financing Roundtable in partnership with the Bluegrass International Fund, for this webcast on "Understanding the EB-5 Model in Kentucky," while Lynn Allen with BiF and Peter Joseph with IIUSA share basics of the program, case studies and considerations for using this valuable tool in Kentucky.
State TIF Financing Process Started for $72M Redevelopment Project
According to Kentucky.com, a $72 million project was granted preliminary approval for TIF by the Kentucky Economic Development Finance Authority. The project is estimated to create 800 jobs and result in $34.9 million in new sales and property taxes over the 20-year period.
Historic Preservation Grants Awarded to Projects in 9 KY Towns
The Kentucky Heritage Council/State Historic Preservation Office has awarded Certified Local Government (CLG) grants to projects in nine towns totaling $86,448.
KY Auditor Investigating Bowling Green TIF District
WKMS reported Kentucky State Auditor Adam Edelen announced the launch of an investigation into issues surrounding Bowling Green's TIF district at the city's Chamber of Commerce.
The Phone Call That Could Help Governments' Credit Ratings
GOVERNING writes on CDFA's recent webcast on municipal credit ratings. Representatives from the Big Three credit rating agencies were guests on CDFA's webcast and provided the audience with insight of the rating industry.
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Upcoming Events |
2015 CDFA Kentucky Conference
October 22, 2015 - Lexington, KY
Join the CDFA Kentucky Financing Roundtable, in partnership with the Bluegrass International Fund (BiF), for the first annual conference as we focus on "Advancing Development Finance in the Bluegrass State." This event will feature a number of economic development finance experts from around the commonwealth discussing development finance tools, authorities, resources and approaches, and how these can affect the Kentucky economy going forward.
CDFA Summer School
August 10-14, 2015 - St. Louis, MO
CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the Development Finance Certified Professional (DFCP) Program. Join us in St. Louis, and start down the road to personal and professional advancement. Courses include: Fundamentals of Economic Development Finance, Intro Tax Increment Finance, Intro Public-Private Partnership (P3) Finance, Intro Bond Finance, and Intro Rural Finance.
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CDFA Spotlight |
Congress Reintroduces Modernizing American Manufacturing Bonds Act
Rep. Hultgren (R-IL) and Rep. Neal (D-MA) introduced the Modernizing American Manufacturing Bonds Act (MAMBA) of 2015. H.R. 2890, supported by CDFA and hundreds of issuers throughout the country, is a comprehensive package that will modernize and revolutionize manufacturing bonds.
For more information:
>>> Read The Bond Buyer Article
>>> CDFA MAMBA Press Release
>>> MAMBA Memo
>>> MAMBA Full Description
CDFA is actively seeking co-sponsors for H.R. 2890. CDFA requests that all interested parties send letters today asking your House representative to co-sponsor H.R. 2890. CDFA has prepared a sample letter that can be used to contact your Congressional members.
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Kentucky News |
CDFA Brownfields Financing Webinar Series: New Investments with New Market Tax Credits
CDFA | Jul. 7 | Access to Capital | Brownfield Financing | Tax Credits
P3's Offer Alternative Model for Water Infrastructure Projects
Lexology | Jul. 6 | Infrastructure Finance | Public-Private Partnership (P3) Financing
Rural America Matters: Investing in Rural Communities
Farm Credit | Jul. 2 | Infrastructure Finance | Public-Private Partnership (P3) Financing | Rural Development | U.S. Dept. of Agriculture (USDA)
Judge Holds Fate of Old Bavarian Brewery
CIncinnati.com | Jul. 2 | Historic Preservation | Legislative
Building Local Food Systems to Foster Economic Growth
USDA | Jul. 1 | Food Systems Finance | Rural Development | U.S. Dept. of Agriculture (USDA)
Enroll Now! CDFA Brownfields Project Marketplace
CDFA | Jun. 30 | Access to Capital | Bond Finance | Brownfield Financing | Community Development | Infrastructure Finance | Public-Private Partnership (P3) Financing | Revolving Loan Funds (RLFs) | Rural Development | Tax Credits | Tax Increment Finance (TIF) | U.S. Environmental Protection Agency (EPA)
P3's Can Solve States' Infrastructure Woes
NCPPP | Jun. 30 | Bond Finance | Infrastructure Finance | Public-Private Partnership (P3) Financing
TIF District to Get About $2M in Funds
Bowling Green Daily News | Jun. 29 | Access to Capital | Tax Increment Finance (TIF)
State TIF Started for $72M Midland Avenue Redevelopment Project
Kentucky.com | Jun. 29 | Redevelopment | State Finance Program | Tax Increment Finance (TIF)
Buying Visas with Investments Is Big Business, and Congress Is Taking Notice
The Washington Post | Jun. 29 | Access to Capital | EB-5 Visa | Economic Development
State Grants Final Approval for Hotel NuLu TIF
Louisville Business Journal | Jun. 26 | Access to Capital | Tax Increment Finance (TIF)
Cleaner Commonwealth Funding for Four Projects
Lane Report | Jun. 23 | Revolving Loan Funds (RLFs) | U.S. Environmental Protection Agency (EPA)
CA Is on Track for a Major Renewable Energy Boost
Greentech Solar | Jun. 23 | Energy Finance | Green Finance
Senate Version of Passenger Rail Bill Introduced
Railway Track & Structures | Jun. 22 | Access to Capital | Infrastructure Finance | Legislative
Hudson Purchase Expected by the End of July
Hastings Star Gazette | Jun. 22 | Access to Capital | Tax Increment Finance (TIF)
City of Owensboro to Apply for TIF District Downtown
Wave 3 News | Jun. 10 | Access to Capital | Tax Increment Finance (TIF)
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Sponsors |
Roundtable Partner
Annual Roundtable Sponsor
Conference Premium Sponsor
Conference Supporting Sponsor
For information about sponsoring the CDFA Kentucky Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
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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.
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Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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