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CDFA Ohio Financing Roundtable Newsletter - January 2014

CDFA Ohio Financing Roundtable Newsletter - January 2014
January 29, 2014
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CDFA Ohio Financing Roundtable Newsletter

Feature

[Survey] What Do You Want to Learn at the Conference This Year?
Take this brief, 5-question survey to tell us what topics you would like to see discussed during this year's Roundtable Conference.

Port Authority Awarded $400K for Development-Ready Sites
The Port of Greater Cincinnati Development Authority has received a $400,000 grant from Duke Energy for work to create development-ready sites that ultimately will attract new investment from industrial and logistics companies.

Youngstown Approves Incentives for Development Projects
The city's board of control approved funds through the Youngstown Initiative program to assist several area companies with equipment purchases and facades. Council members also approved a 10-year, 75% tax abatement for VAM USA, the Vallourec subsidiary that is considering Youngstown for an $81.5M pipe-threading mill at their Ohio Works Industrial Park.

Amendment to the Sunshine Law Permits Economic Development Executive Sessions
The recent Ohio state budget included an amendment to the Sunshine Law that creates a new exception to the general rule that public bodies hold open meetings. The new exception allows a public body to enter into an executive session to consider certain confidential information related to economic development initiatives administered by a local government.

Tax Credits to Bring $400M in Investment to Historic OH Sites
The Ohio Development Services Agency awarded $33 million in Ohio Historic Preservation Tax Credits to rehabilitate 31 historic buildings in 10 communities across the state. The projects are expected to leverage nearly $400 million in private investments.

Ohio Tax Credit 'Incredible' for Historic Buildings
Cincinnati's successful historic rehabilitations inspire officials such as Stephen Leeper, president and chief executive of Cincinnati Center City Development Corp. and David Goodman, director of the Ohio Development Services Agency, to hail the payoffs of the long-standing program.

CDFA Spotlight

Sponsor the CDFA Ohio Financing Roundtable in 2014
Interested in bringing your organization to the forefront of hundreds of economic development finance professionals in the state? Consider sponsoring the CDFA Ohio Financing Roundtable in 2014.

Ohio News

Ohio Third Frontier Approves $12.8M for Bio and Tech Start-ups
ODSA | Jan. 28 | Access to Capital | Economic Development | Innovation Finance | State Finance Program

Port of Greater Cincinnati Development Authority Still Under-funded
Cincinnati.com | Jan. 28 | Economic Development | Member News

State OKs Tax Credits to Add 620 Jobs in Central Ohio
Columbus Dispatch | Jan. 28 | Economic Development | State Finance Program | Tax Credits

US Venture Capital Dollars and Deals by State: 2008-2013
SSTI | Jan. 24 | Access to Capital | Innovation Finance

America Makes Announces Additive Manufacturing R&D Grants
Economic Development Blog | Jan. 24 | Economic Development | Foundations | Innovation Finance

Wahconah Group Creating 200 Textile Jobs in Cleveland
Cleveland Plain Dealer | Jan. 23 | Economic Development | Reshoring Manufacturing

ODSA Defends Tax Incentive Compliance Rate
Columbus Business First | Jan. 22 | Economic Development | Member News | State Finance Program

Frack Tax Proposal ‘Malpractice,' says Rep. Hagan
Columbus Business First | Jan. 22 | Energy Finance | Legislative

News Briefs: State Tax Credits
Novogradac & Co | Jan. 21 | State Finance Program | Tax Credits

In Blue-Collar Toledo, a Windfall of Chinese Investments
New York Times | Jan. 20 | Economic Development | Reshoring Manufacturing | International

Van Wert City, County Seeking Development Partnership
Van Wert Independent | Jan. 20 | Economic Development | Rural Development

VC Activity Heats Up in Ohio in 2013
Columbus Business First | Jan. 20 | Access to Capital | Innovation Finance

ODSA Grants $30M for Workforce Training
MFRTech | Jan. 17 | Access to Capital | Economic Development | Member News | State Finance Program

Trumbull County Commissioners Endorse Hotel Tax Exemption
Tribune Chronicle | Jan. 16 | Local Finance Program | Tax Abatements

Food District Planned for Weinland Park
ThisWeek Community News | Jan. 16 | Community Development | Food Systems Finance

Kasich Unveils Capital Improvement Plan
Columbus Dispatch | Jan. 16 | Infrastructure Finance | State Finance Program

New Richmond Schools Save $128K Annually with Efficiency
Tipp News | Jan. 16 | Energy Finance | Green Finance | State Finance Program

Utica Shale Gas Monitor Finds Higher Sales Taxes, Lagging Jobs
Columbus Business First | Jan. 15 | Economic Development | Energy Finance

Drive Capital Leads $4M Funding Round for FarmLogs
Columbus Business First | Jan. 15 | Access to Capital | Food Systems Finance | Rural Development


New Additions to the Online Resource Database

Ohio Incumbent Workforce Training Voucher Program
Access to Capital | Economic Development | State Finance Program
The Ohio Incumbent Workforce Training Voucher Program is an employer-driven program designed to provide direct financial assistance to train workers and improve the economic competitiveness of Ohio's employers. The Voucher Program is designed to offset a portion, via reimbursement, of the employer's costs to upgrade the skills of its incumbent workforce.

Cincinnati USA Regional Economic Development 101 Forum
Economic Development
These presentations on a variety of economic development topics made up the inaugural conference of the Cincinnati USA Partnership for Economic Development.

The New Real Estate Mantra: Locate Near Transit
Economic Development
The Center for Neighborhood Technology put out this report on the growing effort among planners, real estate professionals, and economists to identify not only the economic benefits of alternative transportation modes in and of themselves, but also the impact that they have on housing prices and value retention. The real estate mantra of "location, location, location" is more important than ever.


Sponsors

Annual Roundtable Sponsor

Bricker & Eckler LLP Frost Brown Todd, LLC Ice Miller LLP

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

New Members

City of Grove City - Grove City, OH


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
85 E. Gay Street, Suite 700
Columbus, OH 43215
(614) 224-1300
info@cdfa.net

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CDFA National Sponsors

  • Alliant Insurance Services, Inc.
  • BNY Mellon
  • Bricker Graydon 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
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
Become a Sponsor