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CDFA Georgia Financing Roundtable Newsletter - January 2016

CDFA Georgia Financing Roundtable Newsletter - January 2016
January 27, 2016
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CDFA Georgia Financing Roundtable Newsletter

Feature

Invest Atlanta Commits $10M to City Plaza Project
As reported by the Atlanta Business Chronicle, the Invest Atlanta Board of Directors voted to help finance a $15 million purchase.

World Trade Center Savannah Gets EB-5 Status
After more than one year of waiting , the Savannah World Trade Center for Investment has been certified by the USCIS as a regional EB-5 center.

The Abatement Statement: New Rules for Abatement Incentives
According to Seyfarth Shaw LLP, the Governmental Accounting Standards Board (GASP) unilaterally acted to require governments to disclose in the notes of their financial statements information regarding all tax abatments. As a result, development authorities may be subject to the new abatement disclosure requirement.

North Augusta City Council Extends Debt Service Bond
North Augusta city council members voted to extend a temporary debt service bond that financed the construction of a parking garage. Additionally $3 million were added to the fund for water, sewer and related infrastructure.

Americus Loan Program Attracts Business
As reported by WALB News 10, a revolving loan fund operated by the City of Americus has spurred numerous local businesses to move their operations downtown.

Upcoming Events

CDFA Georgia Conference
Thursday, June 16, 2016 - Atlanta, GA
Join the CDFA Georgia Financing Roundtable for the fourth annual conference on June 16, 2016. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Georgia economy going forward.

The conference will take place at the offices of Seyfarth Shaw LLP in Atlanta and is supported by dozens of the state's finest development finance leaders. Register today to reserve your spot at the 2016 CDFA Georgia Financing Roundtable Conference.

Georgia News

Pooler Seeks Loan for Wastewater Treatment Plant Expansion
Savannah Morning News | Jan. 22 | Access to Capital | Infrastructure Finance | Revolving Loan Funds (RLFs) | State Finance Program

Nathan Deal's 10-Year Plan for $10B in Road Investments
Atlanta Journal Constitution | Jan. 13 | Infrastructure Finance | Legislative

Stores Announced for New Kroger Shopping Center
Dawson County News | Jan. 13 | Bond Finance | Economic Development | Incentives

Houston County Seeks More Industrial Development
The Macon Telegraph | Jan. 13 | Community Development | Infrastructure Finance

Athens Downtown Development Authority to Consider Brewery Resolution
Athens Banner-Herald | Jan. 12 | Access to Capital | Legislative | Local Finance Program | Revolving Loan Funds (RLFs)

Behold! A Look at the Most Expensive Georgia Government Building Ever
Atlanta Magazine | Jan. 12 | Bond Finance | Infrastructure Finance | State Finance Program

FHL Bank of Atlanta Announces 2016 AHP Competitive Offering
FHL Bank Atlanta | Jan. 11 | Access to Capital | Community Development | Redevelopment

East Macon Arts Village Project Moving Forward
The Telegraph | Jan. 7 | Bond Finance | Community Development | Redevelopment

Redevelopment Plans Advance for Atlanta Stadium Site
The Bond Buyer | Jan. 7 | Bond Finance | Public-Private Partnership (P3) Financing | Redevelopment | Urban Development

GA DOT Awards 17 Transportation Project Contracts Valued at $97.1M
Equipment World | Jan. 7 | Bond Finance | Infrastructure Finance

City Considers 'Blight Tax' Proposal
WJCL 22 | Jan. 7 | Legislative | Redevelopment

News Briefs: Low-Income Housing Tax Credits
Novogradac | Jan. 7 | Tax Credits

Americus Loan Program Attracts Business
WALB News10 | Jan. 7 | Access to Capital | Community Development | Revolving Loan Funds (RLFs)

Writing for Dollars: Winning Grants for Redevelopment
Renewal & Redevelopment | Jan. 4 | Access to Capital | Brownfield Financing | Revolving Loan Funds (RLFs) | U.S. Environmental Protection Agency (EPA)

Greenfield Advisors Now Providing Expert Due Diligence to EB-5 Investors
Greenfield Advisors | Dec. 24, 2015 | EB-5 Visa

A Look at Brownfields: The Dirty, the Ugly, and the Potential for Turnaround
wastedive.com | Jan. 27 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)


Sponsors

Venue Sponsor

Seyfarth Shaw LLP

For information about sponsoring the CDFA Georgia Financing Roundtable, complete our sponsorship agreement or contact CDFA.

Job Postings

Hiring: Chief Financial Officer - Invest Atlanta

Hiring: Vice President Compliance - Invest Atlanta


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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CDFA National Sponsors

  • Alliant Insurance Services, Inc.
  • 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
Become a Sponsor