CDFA South Carolina Financing Roundtable Newsletter - August 2016

CDFA South Carolina Financing Roundtable Newsletter - August 2016
August 31, 2016



Feature
Charleston County Officials Continue to Push for I-526 Several Charleston County officials said they will continue to push the S.C. Transportation Infrastructure Bank to complete Interstate 526, even though the bank's board decided in May to shut down the $725 million project. Myrtle Beach Could Save $4.2M with New Bonds The city of Myrtle Beach could save $315,000 a year as it reissues bonds used for the development of old air force base land. The reissued bonds will be paid out with property taxes from homes and businesses on the Air Force base land. JEDA Bonds Fund Improvements at Tri-County Technical College The Tri-County Technical College Foundation is using $28M in bond funding from the South Carolina Jobs-Economic Development Authority (JEDA) to help pay for a new student center and other improvements at the school's campus in Pendleton. ChartSpan Expands to Greenville, SC, Bringing 300 Jobs Upon exiting from the Iron Yard Ventures Healthcare Accelerator Program, ChartSpan was offered state and Greenville economic development tax and job creation incentives to stay in Greenville. New JEDA Bonds Promote Growth for Watson Engineering Watson Engineering Inc. recently announced that it has gained a $7-million bond issue from South Carolina's Jobs-Economic Development Authority (JEDA), which will help facilitate the company's expansion and refinancing.
CDFA Spotlight
CDFA Releases Annual Volume Cap Report CDFA is pleased to announce the release of the Annual Volume Cap Report: An Analysis of 2015 Private Activity Bond & Volume Cap Trends. The report provides complete data of the use of volume cap and the issuance of cap-subject private activity bonds nationwide and is featured in The Bond Buyer. Read the Annual Volume Cap Report and explore CDFA's interactive and searchable National Volume Cap Map.
South Carolina News
Solar Company Launches Solar Loan in SC and NC PR Newswire \| Aug. 31 \| Energy Finance \| Green Finance $3B in Amortized Bonds to Aid SC Bridge Projects Blufton Today \| Aug. 31 \| Bond Finance \| Infrastructure Finance SCCEBA Works to Build a Clean Energy Transportation Plan NGT News \| Aug. 31 \| Energy Finance \| Green Finance \| Infrastructure Finance South Carolina Business Roundup The Post and Courier \| Aug. 31 \| Tax Credits Plan Nixed for Proposed Low-Income Housing Development in Chapin ColaDaily.com \| Aug. 31 \| Tax Credits >>> SEARCH HEADLINES
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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.