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CDFA Michigan Financing Roundtable Newsletter - March 2015

CDFA Michigan Financing Roundtable Newsletter - March 2015
March 11, 2015
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CDFA Michigan Financing Roundtable Newsletter

Feature

New Bridge Between Detroit and Ontario Funded by P3
According to the Department of Homeland Security, the United States, Canada and the State of Michigan signed a contract to construct a proposed New International Trade Crossing (NITC). The proposed crossing will link Detroit and Windsor, Ontario.

10 Grand Rapids Development Projects Getting Brownfield Financing
In this article from MLive, the Grand Rapids Brownfields Redevelopment Authority highlights ten brownfield projects slated to receive brownfields financing and three more projects they will consider adding to their plan.

Michigan Incentives Guide
This guide from Business Facilities provides a list and a quick description of economic development incentives that are available in Michigan.

Pure Michigan Urban Investment Program
The Pure Michigan Urban Investment program is a loan enhancement program to increase access to capital for established, second stage businesses in Michigan's urban core areas. The program works in partnership with financing companies that can provide flexible financing options to businesses that may be underserved by the traditional banking and sub-debt sectors.

PACE District Created in Montcalm County
According to the Daily News, Montcalm County Board of Commissioners adopt a resolution creating a property assessed clean energy (PACE) district, making the county the 10th county in Michigan to create PACE district.

Upcoming Events

2015 CDFA Michigan Conference
October 7, 2015
Join the CDFA Michigan Financing Roundtable for the fifth annual conference on October 7, 2015. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Michigan economy going forward.

CDFA Spotlight

Announcing the CDFA Scholarship Program Presented by PFM
The CDFA Scholarship Program, Presented by Public Financial Management, Inc., is designed to support members and non-members who cannot afford the cost of registration fees. Scholarships are available for several different types of CDFA events, including the National Summit, CDFA Training Institute Courses, and State Roundtable Conferences. View the scholarship application to learn more about requirements and available scholarships.

Michigan News

NTCA's Smart Rural Community Collaboration Grant Recipients
NTCA | Mar. 10 | Infrastructure Finance | Local Finance Program | Rural Development

New Hospital, Brownfield Project in Marquette Win Approval from MSF
The Daily News | Mar. 6 | Access to Capital | Brownfield Financing | State Finance Program

EPA Selects 20 Communities for Brownfield Grants to Revitalize Communities
U.S. EPA | Mar. 4 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

CDFA Announces Brownfields Project Marketplace
CDFA | Mar. 3 | Access to Capital | Brownfield Financing

Mixed Reviews on Disclosing Tax Incentives
Governing | Feb. 27 | Economic Development

Cedar Springs Brewery Project Gets $285K in State Incentives
Mlive | Feb. 27 | Access to Capital | Brownfield Financing | State Finance Program | Tax Increment Finance (TIF)

East Lansing to Review Park District Developer Finances
Lansing State Journal | Feb. 25 | Access to Capital | Brownfield Financing | State Finance Program | Tax Credits

iFOS Awarded EPA Grant Monitoring and Technical Assistance 5-Year Contract
PR Newswire | Feb. 24 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Port Huron Council OKs New Water Street Marina Plan
The Times Herald | Feb. 24 | Access to Capital | Brownfield Financing

New Site Aids Equity Crowdfunding in MI
The Detroit News | Feb. 24 | Crowdfunding | Innovation Finance

MI Senator: I'll Stand for Michigan
Michigan Chronicle | Feb. 23 | Access to Capital | State Small Business Credit Initiative (SSBCI) | U.S. Dept. of Treasury | Federal

Investing in Manufacturing Community Partnership (IMCP) Application Strategy Session
CDFA | Feb. 20 | Federal

Obama Proposes Higher Funding for Brownfields
Smart Growth America | Feb. 20 | Access to Capital | Brownfield Financing | Legislative

Detroit Agrees to $3.3B P3 Bridge
The Bond Buyer | Feb. 20 | Public-Private Partnership (P3) Financing

CDFA Announces Brownfields Financing Toolkit
CDFA | Feb. 19 | Brownfield Financing | CDFA Original Research

Brownfield Plan Sought for Randolph Street in Traverse City, MI
The Ticker | Feb. 17 | Access to Capital | Brownfield Financing | Economic Development

CDFI Fund Seeks Public Comment on Program, NACA Application
U.S. Treasury | Feb. 13 | Access to Capital | Community Development | U.S. Dept. of Treasury CDFI Fund

Michigan Saves Banner 2014, Looking for More in 2015
Michigan Saves | Feb. 12 | Energy Finance

IRS Announces QZAB Allocations
The Bond Buyer | Feb. 11 | Bond Finance | Economic Development | Internal Revenue Service (IRS) | Federal


Sponsors


Your Logo Here!

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


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

  • BNY Mellon
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  • NW Financial Group, LLC
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  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
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