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CDFA Louisiana Financing Roundtable Newsletter - January 2017

CDFA Louisiana Financing Roundtable Newsletter - January 2017
January 25, 2017
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CDFA Louisiana Financing Roundtable Newsletter

Feature

Biomass Secure Power Inc. Tax Free Bond Status Approved
Biomass Secure Power is pleased to advise shareholders that on January 19th, 2017 the Louisiana State Bond Commission approved the sale of $60 million tax exempt bonds by the Company's wholly owned subsidiary, Biomass Power Louisiana L.L.C. (BPL).

Restore Louisiana Task Force Approves Plan for $1.2B in Federal Flood Aid
The Restore Louisiana Task Force approved a plan to split up the second, larger pot of federal flood aid.

LA's $4.7B TIMED Program Used for Florida Ave. Roadway
The feasibility of a Florida Avenue road project is being assessed now, and construction could begin in 2021. The federal- and state-funded plan would create a freeway through the Ninth and Eighth Wards on the Florida corridor for trucks traveling from St. Bernard Port, but draws criticism from some.

LA's Economic Gardening Initiative a "Model Program"
A Michigan-based foundation has recognized a Louisiana Economic Development initiative as a "best practice" model for implementing the concept known as economic gardening.

LA Eyeing Clean Energy Projects With Volkswagen Settlement Money
State officials are eyeing clean energy projects like fuel-efficient school buses in Louisiana after a U.S. settlement with Volkswagen over the auto maker's emissions scandal will send $18 million to the state.

LA Legislature to Examine Generous Historic Tax Credit
Baton Rouge's illuminated downtown skyline has been shaped by a relatively small and obscure state tax incentive that has kept intact an air of history in the Capital City. The incentive expires in 2018, but the Legislature is expected to consider renewing it or rolling it back in the spring.

NMTC Coalition Urges Supporters to Sign Letter
The NMTC Coalition is sending a letter to Congress urging leadership to protect the New Market Tax Credit. Please consider signing their letter if you support this important development tool.

LA Awarded $2M to Improve Career Education
The Council of Chief State School Officers and JPMorgan Chase & Co. on Wednesday announced Louisiana is one of 10 states to receive a three-year, $2 million grant through phase two of the New Skills for Youth grant opportunity to strengthen and expand career-education pathways for students.

Upcoming Events

Intro Tax Credit Finance WebCourse
February 15-16, 2017 - Daily: 12-5 pm Eastern
The Intro Tax Credit Finance WebCourse examines the application of tax credit programs in greater economic development finance efforts. This course will discuss the practical application of tax credit programs including brownfields, new markets, low income housing, historic preservation, and state-specific programs.

CDFA Brownfields Financing Webinar: Financing Brownfields with Private Activity Bonds (PABs)
Thursday, March 9, 2017 - 2:00 - 3:30 pm Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities on March 9, 2016 from 2:00 – 3:30pm Eastern as we discuss Private Activity Bonds and how they can be used to compliment the redevelopment and cleanup of your brownfield project.

Sponsors

Roundtable Partner

Louisiana Public Facilities Authority

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

New Members

New Orleans Business Alliance - New Orleans, LA


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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December 28, 2016
October 26, 2016
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August 31, 2016
July 27, 2016
June 29, 2016
May 25, 2016
April 27, 2016




CDFA National Sponsors

  • BNY Mellon
  • Bricker Graydon LLP
  • Bryan Cave Leighton Paisner 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
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