CDFA Pennsylvania Financing Roundtable Newsletter - August 2012

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Pennsylvania Historic Tax Credits
Preservation Pennsylvania overviews the new State Historic Tax Credits program, which provides a 25% credit for historic rehabilitation in PA.

OH, PA, WV Consortium Wins $30M for Mfg. Center
The national Additive Manufacturing Innovation Institute will be based in Youngstown. The tri-state consortium is a $75 million investment, and is covered in the Pittsburgh Business Times.

Ben Franklin to Invest in PA Tech Companies
A large number of firms throughout Pennsylvania received investments through Ben Franklin Technology Partners this month. Keystone Edge covers the companies by region.

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| Pennsylvania News |
Court Orders Tax Increase for Harrisburg, PA
New York Times | Aug. 29 | Bond Finance
Tax Reform and the Implications for State and Local Bonds
The Bond Buyer | Aug. 28 | Bond Finance
Muni Bond State of the States
Barron's | Aug. 27 | Bond Finance
MSRB Publishes Report on Municipal Bond Continuing Disclosure
MSRB | Aug. 23 | Bond Finance | Federal
Arena Complex to Rely Heavily on Cigarette Taxes
Morning Call | Aug. 22 | Bond Finance | Tax Increment Finance (TIF)
Continuing Disclosure Statistical Summary
MSRB | Aug. 22 | Bond Finance | Federal
Bakery Square Gest $2M for Infrastructure
Pop City | Aug. 22 | Access to Capital | Innovation Finance | U.S. Economic Development Administration (EDA) | Federal | State Finance Program | Member News
PA Region Granted Funds to Tackle Blight
Pittsburgh Post-Gazette | Aug. 22 | Brownfield Financing | Access to Capital | U.S. Environmental Protection Agency (EPA) | Federal
Administration Making Unspent Highway Funds Available
WTOP | Aug. 17 | Infrastructure Finance | Federal
Senate Approves Extending EB-5, CDFA Signs Partnership
CDFA | Aug. 16 | EB-5 Visa | Access to Capital | International | U.S. Citizenship and Immigration Services (USCIS) | Federal | Legislative
CDFI Fund Makes Changes to NMTC FAQ Document
CDFI Fund | Aug. 16 | Tax Credits | U.S. Dept. of Treasury CDFI Fund | Federal
S&P's Downgrade of the U.S. Had Modest Impact on Munis
The Bond Buyer | Aug. 15 | Bond Finance | Federal
Co. Opens $80M Manufacturing Plant in PA
Area Development | Aug. 14 | Tax Credits | Federal | State Finance Program
Progress Fund Awarded $1.45M Federal Grant
Trib Total Media | Aug. 9 | Innovation Finance | Access to Capital | U.S. Dept. of Treasury | Federal
Big Banks Fund Little Loans to PA Entrepreneurs
Philadelphia Business Journal | Aug. 9 | Access to Capital | Innovation Finance | Community Development
PA Grant Program for Groceries Runs Dry
Philadelphia Inquirer | Aug. 7 | Community Development | Access to Capital | State Finance Program
Fed: Larger Firms See Easier Lending, Not Small Businesses
Reuters | Aug. 7 | Access to Capital | Federal
State Tax Credits News Briefs
Novogradac & Co. | Aug. 6 | Tax Credits | State Finance Program | Member News
New National Partnership Explores State Bond Finance to Scale Up Energy Investment
CDFA | Aug. 1 | Energy Finance | Green Finance | Bond Finance | Member News | CDFA Original Research
Councilman Seeks Compromise on TIF Plan
Pittsburgh Business Times | Jul. 30 | Tax Increment Finance (TIF)
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| New Additions to the Online Resource Database |
Next Generation Farmer Loan Program
Access to Capital | Revolving Loan Funds (RLFs) | Rural Development | Local Finance Program
This brochure from Chester County Economic Development Council provides information on the Next Generation Farmer Loan Program for first-time farm buyers.
Qualified Energy Conservation Bonds Report
Energy Finance | Green Finance | Bond Finance | Federal
This report on QECBs from Energy Programs Consortium provides information on the bonds, case studies of issuances and programs, and a list of all state activity to date.
SEC Report on the Municipal Securities Market
Bond Finance | Federal | Legislative
This report from the Securities and Exchange Commission provides a detailed review of municipal bonds and the municipal bond market, and suggests a number of legal and regulatory reforms.
The Latest in Housing Authority Energy Finance
Energy Finance | Green Finance | Community Development | Bond Finance | U.S. Dept. of Housing & Urban Affairs (HUD) | Federal | Tax Credits
This presentation from a Ballard Spahr Housing webinar covers a number of federal programs that can be used to finance energy efficiency in housing, including HUD incentives, energy tax credits, and tax-exempt bonds.
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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.
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Council of Development Finance Agencies
85 E. Gay Street, Suite 700
Columbus, OH 43215
(614) 224-1300
info@cdfa.net
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