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CDFA Texas Financing Roundtable Newsletter - September 2013

CDFA Texas Financing Roundtable Newsletter - September 2013
September 25, 2013
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CDFA Texas Financing Roundtable Newsletter

Feature

North Tarrant Express Reaches Financial Close with TIFIA Loan & PABs
A consortium has achieved financial close for the concession to extend the North Tarrant Express in Texas. The project will be financed with a combination of public and private funds, including a $531M TIFIA loan, $127M from TxDOT, and $274M in private activity bonds.

Texas CDBG Revolving Loan Fund Info Guide
This guide covers CDBG Revolving Loan Fund program requirements, administration and implementation of the CDBG loan funds as distributed by the Texas Department of Agriculture (TDA).

TX Eyes PACE Loans to Boost Energy Efficiency
Texas, the largest per capita consumer of energy in the U.S., is structuring a statewide "PACE-in-a-Box" to standardize local regulations surrounding PACE and encourage private investment in commercial/industrial efficiency projects throughout the state.

Amendments to the Economic Development Act in Texas
House Bill 3390 was recently passed regarding changes to the Texas Economic Development Act, and will take effect January 1, 2014. This article briefly highlights the major changes.

600 Manufacturing Jobs Thanks to Brownfields Tax Incentive
This article highlights a big win for Liberty, Texas, and the Boomerang Tube plant that surpassed its hiring expectations. It ends with a call to action, since the Brownfield Tax Incentives are set to expire.

TIRZ Board, Council Approve $50M Energy Tower Incentive
The Midland TIRZ Board approved a multi-year tax rebate package which includes ad valorem tax from the Zone No. 1, sales tax revenue, and hotel and motel tax revenue to help the development of Energy Tower at City Center.

Texas News

Curb Check: Downtown San Angelo is Sprucing up the Streets
San Angelo Live | Sep. 23 | Infrastructure Finance | Local Finance Program

TWDB Approves $10.4M for Edinburg Water Project
Valley Town Crier | Sep. 23 | Infrastructure Finance | Revolving Loan Funds (RLFs)

North Texas Cities Foster the New Startup Scene
Dallas Business Journal | Sep. 23 | Economic Development | Local Finance Program | Innovation Finance

State Provides $5M to Spur Jobs, $31M Investment
Texas Wide Open for Business | Sep. 23 | Access to Capital | State Finance Program

State Tax Credits Support $21M Affordable Austin Community
Multi-Housing News | Sep. 23 | State Finance Program | Tax Credits

Edinburg Gets $10.4M to Upgrade Water Treatment Plant
Your Valley Voice | Sep. 19 | Access to Capital | Infrastructure Finance | Revolving Loan Funds (RLFs) | State Finance Program

ACEEE Report Ranks U.S. Cities' Efforts to Save Energy
ACEEE | Sep. 18 | Energy Finance | Green Finance | Local Finance Program

Waco's Water Wars Spur $2B Texas Loan Fund
Waco Tribune-Herald | Sep. 18 | Infrastructure Finance | Revolving Loan Funds (RLFs) | State Finance Program

$3M Grant Creates Center for Cell and Organ Biotechnology
Office of the Governor of Texas | Sep. 18 | Access to Capital | Economic Development | Innovation Finance | State Finance Program

Water District Loans $59.9M to Trinity Uptown Project
Fort Worth Business Press | Sep. 18 | Economic Development | Local Finance Program | State Finance Program | Tax Increment Finance (TIF) | Urban Development

Moving Image Industry Incentive Program Pays Off
Cedarcreeklake.com | Sep. 17 | Economic Development | State Finance Program

Big New Plans for Houston's Memorial Park
Houston Chronicle | Sep. 16 | Economic Development | Infrastructure Finance | Local Finance Program | Tax Increment Finance (TIF) | Urban Development

Cities Access CDBG Funding to Beef Up Infrastructure
The Daily News | Sep. 12 | Access to Capital | Infrastructure Finance | Local Finance Program | U.S. Dept. of Housing & Urban Affairs (HUD) | Federal

Texas Increases Incentives for Game Developers
Develop | Sep. 11 | Access to Capital | Innovation Finance | State Finance Program | Tax Credits

Texas Ranks Top for Doing Business...Again
Area Development | Sep. 10 | Economic Development | State Finance Program

USDA Awards $208M in Loan Guarantees for Smart Grid Projects
U.S. Department of Agriculture | Sep. 9 | Access to Capital | Energy Finance | Green Finance | Infrastructure Finance | Rural Development | U.S. Dept. of Agriculture (USDA) | Federal

Dallas TIF Panel Approves $985K to Move Two Elm Street Buildings
The Dallas Morning News | Sep. 4 | Local Finance Program | Tax Increment Finance (TIF)

Texas Enterprise Fund Expands Dow Facility in Brazoria County
Texas Insider | Aug. 30 | Access to Capital | Economic Development | State Finance Program

Dallas Regional Chamber Launches Economic Development Campaign
Dallas News | Aug. 28 | Economic Development | Innovation Finance


New Additions to the Online Resource Database

Disaster Recovery Guide for Businesses
Community Development | Urban Development
This guidebook was developed for Galveston Economic Development Partnership (GEDP) members and the Galveston business community. Becoming familiar with the content and completing the forms included herein will help business owners increase the odds that their business will make it through the next disaster. While targeted to the small business owner, the materials may assist contingency planners working for larger corporations in the development of their programs.

Wind Energy Brochure - Lubbock Economic Development Alliance
Economic Development | Energy Finance | Green Finance | Reshoring Manufacturing | Rural Development | State Finance Program
This brochure is a helpful combination of statistics and tools to help understand Lubbock's role in the wind energy arena and their potential for growth and partnership.

2013 TIGER Awards - Project Summaries
Access to Capital | Infrastructure Finance | Federal
The U.S. Department of Transportation awarded $474M to 52 rural and urban transportation projects across the country. This resource offers detailed information for each of the awards including applicant, project descriptions, costs, highlights, and benefits.

2012 State CDFI Legislation & Advocacy Report
Access to Capital | Community Development | Legislative | Member News | State Finance Program | Tax Credits | U.S. Dept. of Treasury | U.S. Dept. of Treasury CDFI Fund | Federal
The Opportunity Finance Network provides a snapshot of CDFI-related policy activity at the state level during 2012. The report includes analysis and information on legislative trends, State New Markets Tax Credit programs, and the State Small Business Credit Initiative programs.


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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.


Council of Development Finance Agencies
85 E. Gay Street, Suite 700
Columbus, OH 43215
(614) 224-1300
info@cdfa.net

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CDFA President's Club

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