Waitr, an on-demand food delivery service and online restaurant technology platform, opened its operations center in Lafayette, Louisiana. Waitr has utilized the state's Digital Interactive Media and Software Development Incentive and the Angel Investor Tax Credit Program to receive funding.

The Louisiana House approved a proposed constitutional amendment that would permit local governments to seek payments in lieu of taxes from manufacturers eligible for the state 10-year industrial tax exemptions.

The Louisiana Department of Transportation and Development (DOTD) unveiled plans for a new Jimmie Davis Bridge Project. Officials estimate the total cost of the project to be somewhere between $80-to-100 million. While $23 million in state funding is already in place, paying the entire bill has led to the idea of possibly installing a toll road on the bridge.

A bill overhauling Louisiana's film tax credit program is gaining traction at the capitol where a House panel unanimously approved the measure. Film industry leaders who back the measure believe it could bring stability to the program which has been struggling in the past few years.

The Louisiana State Committee on Ways and Means moved on May 1 to fix one of its "broken promises" by unanimously passing a bill to pay solar energy systems tax credits still owed before the legislature put a cap on the program last June.

The U.S. Environmental Protection Agency (EPA) recently awarded $158,101 to the Louisiana Department of Health and Hospitals (LDHH) to support several public drinking water systems in Louisiana. The funding is part of EPA's ongoing commitment to assist local drinking water systems in Louisiana.

Desperate times often equal desperate measures that do more harm than good. Such is the case with many of Louisiana's economic development tax credits — the State Historic Tax Credit in particular. Currently, the legislative session brings another threat to the credit which improves LA's downtowns and other historic areas.

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.

Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss how the finance toolbox can be used to compliment the redevelopment and cleanup of your brownfield project.

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