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.
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