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CDFA New York/New Jersey Financing Roundtable Newsletter - August 2016

CDFA New York/New Jersey Financing Roundtable Newsletter - August 2016
August 3, 2016
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CDFA New York/New Jersey Financing Roundtable Newsletter

Feature

NJEDA Approves $86M in Incentives for 5 Jersey City Projects
Five Jersey City projects were approved by the Economic Development Authority for incentives totaling over $86 million. The largest of the five was a 10-year, $39.4 million Grow New Jersey award for the Omnicom Group.

How Ramapo, NY and Its Attorney Are Disputing SEC Fraud Charges
The town of Ramapo, N.Y. and one of four individuals charged with securities fraud by the Securities and Exchange Commission for misleading muni bond investors are disputing the charges and urging a federal judge to dismiss the case.

Roosevelt Landings: A Case Study from NYCEEC
Commercial and industrial buildings are profiting from major energy efficiency upgrades. Here's how large multifamily properties can be next. A case study from NYCEEC

NY Green Bank Aims to Grow Portfolio by Two-Thirds Next Year
The New York Green Bank (NYGB) wants to increase its portfolio by two-thirds over the next year, mostly by investing in larger clean energy projects, according to RTO Insider.

Wells Fargo Public Finance Expands, Adds Directors in Boston, NY
Wells Fargo Securities, the capital markets and investment banking business of Wells Fargo & Co., added two managing directors in the public finance area, as Megan DeGrass joined the higher education and nonprofit team based in Boston and Evan Levine joined the transportation group in New York.

Atlantic City Eyes Cutting $10M in Yearly Debt Payments
Atlantic City is looking to slice its annual debt service payments by 26% as part of its recovery plan to avoid a state takeover, Mayor Donald Guardian said during a community meeting Tuesday night.

CDFA Brownfields Financing Webinar Series: Strategic TIF Structuring for Redevelopment
Thursday, September 1 | 2:00 - 3:30pm Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss tax increment financing and how it can be used to compliment the redevelopment and cleanup of your brownfield project.

Upcoming Events

CDFA Summer School
August 8-12, 2016 - Baltimore, MD
CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program.

Intro Energy & Water Finance Course
September 13-14, 2016 - New York, NY
CDFA is excited to bring it's newest training course to New York, New York at the offices of BNY Mellon. The Intro Energy & Water Finance Course explores the wide range of tools available for financing energy & water projects and will cover how new energy production/generation, energy efficiency, retrofitting and support programs are used throughout the country to encourage investment in large and small projects alike.

New York/New Jersey News

Leveraging Resources for Brownfields Revitalization Webinar
CLU | Aug. 1 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

NY DEC Announces Improvements to the Brownfield Cleanup Program
NY DEC | Aug. 1 | Brownfield Financing | State Finance Program | Tax Credits

$30K Grant Helps New Fire Station in NY
North Country Now | Jul. 19 | Economic Development | Rural Development

EPA Announces $10.7M in Supplemental Funds to Cleanup Brownfields
US EPA | Jul. 18 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Taste NY Store Opens at Historic Rest Stop
The Leader-Herald | Jul. 18 | Food Systems Finance

Sussex NJ Borough Getting $360,000 USDA Grant
New Jersey Herald | Jul. 14 | Infrastructure Finance | Rural Development | U.S. Dept. of Agriculture (USDA)

$8.3M Project to Cut Energy Costs in a Wall Street Landmark
NYCEEC | Jul. 13 | Energy Finance | Green Finance

Elmira to Get $10M for Economic Development
Star Gazette | Jul. 12 | Economic Development

Elizabethtown Looks to Resume Wastewater Project
Press Republican | Jul. 8 | Infrastructure Finance

NY Catholic Church Goes 100% Solar with Energize NY PACE Finance
Energize NY | Jul. 6 | Energy Finance | Bond Finance

Little Falls Historic Property Owners Can Apply for Tax Credits
The Telegram | Jul. 6 | Tax Credits

Former Brownfield Site Berry Lane Park Officially Opens
Hudson Reporter | Jul. 5 | Brownfield Financing


Sponsors

Venue Sponsor

BNY Mellon

Annual Roundtable Sponsor

Hawkins Delafield & Wood LLP New Jersey Economic Development Authority Stradley Ronon

Conference Premium Sponsor

NW Financial Group, LLC

Conference Supporting Sponsor

ThinkForward Financial, LLC

For information about sponsoring the CDFA New York/New Jersey Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.

New Members

Newark Community Economic Development Corporation - Newark, NJ


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