Today CDFA is proud to announce the release of the CDFA Conduit Bond Fee Study! This paper focuses on original data collected by CDFA from conduit bond issuers all over the country and provides a detailed breakdown of their various fee structures. CDFA produced the CDFA Conduit Bond Fee Study to share innovation and best practices throughout the bond industry.

A $400 million project in downtown Skokie, IL would be financed in part through the creation of a tax increment financing district. The project, a 141-room Hilton, will include conference and banquet space, ground floor retail, a restaurant with a rooftop bar and a parking garage.

Woods Hole Oceanographic Institution has begun the permit process for a $27 million, 50,000-square-foot building planned for its Quissett campus. The project, along with other maintenance, will be financed with a $75.5 million tax-exempt bond from MassDevelopment.

In a move that stunned transportation planners around the country, Denver International Airport terminated the contractor team working on a $650-million terminal renovation. The move also ended the airport's $1.8-billion public-private partnership with Great Hall Partners, a consortium led by Ferrovial Airports, with partners Saunders/JLC Infrastructure.

California State Treasurer Fiona Ma has announced that $73.7 million in tax-exempt green bond financing has been issued for CalPlant I, LLC, a company that will turn rice straw into medium density fiberboard at its Willows plant in the Sacramento Valley. The fiberboard can be used in manufacturing flooring, furniture, doors, shelves and other products.

This final rule exempts Federal, State, Tribal, and local governments from the requirement to obtain a bond, insurance, or alternative form of security for a right-of-way across Indian land and Bureau of Indian Affairs (BIA) land where such governments are prohibited by law from obtaining security.

USDA's Rural Business-Cooperative Service announced that it is awarding grants for projects in all states and Puerto Rico to reduce energy costs for farmers, ag producers, and rural-based businesses and institutions. USDA is investing $9.3 million through the Rural Energy for America Program (REAP) for renewable energy and energy efficiency projects across the nation.

The Indiana Office of Community and Rural Affairs announced six sites will receive technical assistance and capacity-building support as part of the Rural Opportunity Zone Initiative. The purpose of this initiative is to build the capacity of Opportunity Zones in rural Indiana to attract private, public and/or philanthropic sector investments that support locally-driven priorities.

Market watchers are predicting $200 to $300 billion in investment in the nation's 8,700-plus OZs. And federal rules have made it clear that green economy projects — such as local power generation, microgrids, EV charging stations and energy storage — are eligible for Opportunity Fund investment. 

The Illinois Sports Facilities Authority returns to the market after a five-year absence with a $129 million refunding buoyed by ratings returning to the investment-grade territory.

Muni market groups are at odds on whether or not a Municipal Securities Rulemaking Board rule that contains a prohibition against financial advisors switching roles and serving as underwriters on the same deal should be tossed.

In this webinar, PACE professionals including legal counsel, PACE administrators, and PACE capital providers explain how transactions form and are shepherded through various stages including concept, design, underwriting, approvals, and closing.  Hear about how programs intake projects and what practical considerations apply to programs such as roles of professionals, project administration, closing fees, ongoing collection and debt servicing, and post-closing compliance.

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, learn from expert speakers as they discuss their plans for the recent allocation of New Markets Tax Credits, past projects, and best practices.

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