One Miami neighborhood will receive a facelift with $60M in new development. South Florida Business Journal reports, the Southeast Overtown/Park West CRA closed on the loan from Wells Fargo to finance both renovations and new construction.

The Bond Buyer covers the financing for Florida's I-4 project, which closed earlier this month. This is the largest Transportation Infrastructure Finance and Innovation Act (TIFIA) loan ever completed for a P3.

The Florida Dept. of Economic Opportunity has received $33M from the U.S. Treasury as part of the State Small Business Credit Initiative. According to Orlando Business Journal, the Treasury has disbursed a total of $97,662,349 to Florida in SSBCI funds.

Roll Call reports there was bipartisan House agreement that P3s should be an important part of paying for new transportation infrastructure. The question, now, is how large a percentage of infrastructure funding will come from P3s.

Michael Novogradac writes on the advantages tax credits over capital grants and their proven track records promoting capital investment in affordable housing, community development, historic preservation and renewable energy.

November 18-21, 2014 - Scottsdale, AZ
Hosted by the generous support of the Scottsdale IDA, this year's National Summit will be an amazing, can't-miss event with an in-depth look at development finance in the United States. Designed to educate both novices and seasoned development finance professionals alike, the 2014 National Development Finance Summit will touch on over 25 different financing concepts, tools, programs, strategies, and solutions to the challenges facing our country.

CDFA has begun a targeted letter-writing campaign. We ask that industry stakeholders send letters to House members to support CDFA's Modernizing American Manufacturing Bonds Act and the suggested reforms to modernize and revolutionize Qualified Small Issue Manufacturing Bonds. To make this process easier, we have created sample letters for your use.

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The U.S. Small Business Administartion's list of Participating Microloan Intermediary Lenders provides contact information for each lender.

The Dept. of the Treasury Office of Inspector General's review of Florida's SSBCI fund found most transactions complied with program requirements. However, the State participated in a $34.7M FLVCP investment that exceeded the $20M restriction.

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