CDFA Colorado Financing Roundtable Newsletter - May 2017
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Governor Hickenlooper Considers Special Session for Infrastructure
Gov. Hickenlooper said that he may call lawmakers back to the state Capitol for a special session to deal with transportation funding and money for rural broadband Internet access. In fact, it was the first thing the governor mentioned at a post-session news conference.
CO Tourism Office Creates New Strategic Initiative
Tourism is more than good times; in a state such as Colorado, it's a primary driver of economic development. The state saw 77.7 million visitors in 2015. The industry generated $1.13 billion in state and local taxes that year. Nearly one in nine Colorado jobs are related to tourism and hospitality.
Alternative CO Transportation Bill Dies in the State Senate
A bill to put billions of dollars into Colorado transportation has died in the state Senate. This bill was an alternative to House Bill 1242 that was just recently killed. The alternative bill, Senate Bill 303, never made it out of the Republican-led chamber in time to pass before adjournment.
What is the State of Small Business Lending?
Trying to size up the state of small business lending can prompt the question: Is the glass half-full or half-empty? Banks and government data point to a recovery in small business loans since the recession, with loan figures nearly back to their 2008 levels.
Adaptive Towers Approved for CO Rural Jump-Start Tax Credit
Adaptive Towers, approved last month by the Colorado Economic Development Council, will immediately begin work on a new manufacturing facility in Grand Junction and expects to hire upward 13 new employees in Mesa County before year-end.
CO's Proposed Solution to Old Coal Facilities? Bonds.
Colorado may have found an interesting solution to the stranded assets that are relics of the transition to clean energy. Two lawmakers have proposed measures that would create ratepayer-backed, AAA rated, commercial bonds. These securities would be used by utilities to refinance retiring coal plants.
CO Offers Incentives to Create 1500 Jobs
Colorado has issued $12.6 million in job growth incentive tax credits to Lockheed Martin in return for bringing 550 new jobs over the next eight years. Colorado also offered a $20.3 million award to an unnamed California digital marketing software company that plans to create 991 new jobs.
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Upcoming Events |
Best of the Best Guidance on NMTC Applications
May 24, 2017 - 1:00 PM - 2:30 PM Eastern
This year's allocation of New Markets Tax Credits is now open for applications, and CDFA is here to help guide you through the process before the June 21st deadline. Tune into this webinar to hear a panel of expert speakers discuss the tips and tricks that they have learned through many years of working with this program.
Intro Food Systems Finance WebCourse
June 7 - 8, 2017 - Daily: 12:00 - 5:00 PM Eastern
The Intro Food Systems Finance WebCourse examines the development finance programs that sustain a local food system and how investments in that system can drive economic development on a broader scale. Topics covered include federal, state, and local sources of capital, stakeholders involved in the financing process, and case study examples that showcase the variety of financing programs.
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Colorado News |
Castle Rock, CO Council Approves Tax Deal to Finance $300M Landfill Redevelopment
Denver Post | May. 1 | Bond Finance | Brownfield Financing
The Surprisingly Short List of Cities Experiencing Inclusive Growth
Brookings | Apr. 27 | Economic Development
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Sponsors |
State Partner
Venue Sponsor
State Leader
State Investor
State Sponsor
For information about sponsoring the CDFA Colorado Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
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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
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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