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CDFA South Carolina Financing Roundtable Newsletter - November 2015

CDFA South Carolina Financing Roundtable Newsletter - November 2015
November 25, 2015
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CDFA South Carolina Financing Roundtable Newsletter

Feature

SC Ports Authority Packs Huge State, Regional Economic Punch
A recent study from the University of South Carolina found that South Carolina's seaports inject $13.6 billion in the midlands economy each year. The water ports at Charleston and Georgetown also account for 48,000 jobs, which generate $2.6 billion of annual labor income.

SC Colleges Want Most of State's Added $1.2B
According to The State, South Carolina's colleges and universities are asking for almost all of the added $1.2 billion that lawmakers will have to spend in the next year's budget.

SC City's Riverfront Park a Magnet for Development
Greenville's mayor, Knox White, said the Falls Park on Reedy helped generate about $150 million in private investment quickly after it's opening about a decade ago, reports the Fay Observer. Officials in Fayetteeville now want to build a similar park along the Cape Fear River.

GA, SC Sign New Agreement for Shared Port
As reported by WSB-TV, the proposed $4.5 billion port terminal to be shared by Georgia and South Carolina inched closer to reality as the states' port officials signed a new deal for managing the project and voted to ask a federal agency for the permits required to start construction.

A Mayor's Perspective: 40 Years of Changing Charleston
The Charleston Regional Business Journal reports on Charleston's Mayor Joe Riley and his four decades in office leading Charleston and his vision for the future.

CDFA Retains Lobbyist Eric Silva with New Firm
CDFA is pleased to announce the selection of North South Government Strategies (NSGS) as the Council's legislative representation on Capitol Hill. Eric Silva, Founding Partner with NSGS, will continue his work as CDFA's legislative representative.

Upcoming Events

Intro Property Assessed Clean Energy (PACE) Finance WebCourse
The Intro Property Assessed Clean Energy (PACE) Finance WebCourse will delve into the process of creating a PACE program for a community from start to finish. Over the span of two days, all the pieces of PACE financing are analyzed including the bond issuance needed, enhancing investor appeal, discerning the regulatory matters, the realm of market potential and more. In the long run, the lowered utility bills and increased local jobs from PACE financing will benefit residents and businesses.

South Carolina News

Senators Revive Financing Tactic from '70s for Carbon Emissions
The New York Times | Nov. 24 | Bond Finance | Energy Finance | Green Finance | Legislative

Empower Energies Announces First-Ever Solar Lease for Businesses in SC
PV Magazine | Nov. 24 | Energy Finance | Green Finance

Senators Debate Whether to Use Bonds to Pay for Flood
Greenville Online | Nov. 24 | Bond Finance | Infrastructure Finance | Legislative | Redevelopment

Flood Damage Reignites Lawmakers Struggle for Road Funding Bill
Live5 News | Nov. 24 | Infrastructure Finance | Legislative | State Finance Program

Greenway Connecting Finlay Park, Vista Moves Closer to Becoming Reality
ColaDaily.com | Nov. 24 | Access to Capital | Community Development | State Finance Program

Clean-Energy Loans Make for Messy Home Sales
The Wall Street Journal | Nov. 23 | Access to Capital | Energy Finance | Green Finance | Special Assessment Districts

US Tax Breaks That Clean Power Doesn't Seem to Mind Losing
Bloomberg | Nov. 23 | Energy Finance | Green Finance

States Finding Own Roads to Highway Funding
The Bond Buyer | Nov. 20 | Federal | Infrastructure Finance | State Finance Program

Goldman Sachs to Invest $150B in Clean Energy Development
Fortune | Nov. 3 | Energy Finance | Green Finance

Courtyard Marriott Developers to Try Again for TIF for Downtown Baton Rouge Hotel
BusinessReport | Oct. 29 | Tax Increment Finance (TIF)

Utlities Hope New Deal Will Hold Down SC Nuke Plant Costs
The Post and Courier | Oct. 28 | Bond Finance | Economic Development


Partner

Roundtable Partner

South Carolina Jobs-Economic Development Authority



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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