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CDFA Illinois Financing Roundtable Newsletter - February 2015

CDFA Illinois Financing Roundtable Newsletter - February 2015
February 11, 2015
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CDFA Illinois Financing Roundtable Newsletter

Feature

CDFA to Host Let's Make a Deal Session at Annual IL Conference
Let's Make a Deal! During an interactive session at the CDFA Illinois Conference, presenters will overview programs that need financing with hopes to strike a deal. If you are currently looking for financing on a project, contact CDFA to be eligible to share your project. If you are looking to underwrite or fund a project, come learn about the deals available on May 13 in Chicago.

CMAP 2040: Support Economic Innovation
As part of its regional comprehensive plan, the Chicago Metropolitan Agency for Planning (CMAP) introduced a plan to catalyze economic innovation throughout the region through the year 2040.

Elmhurst, IL Council OKs TIF Funds for Wilder Crossing Project
According to the Chicago Tribune, the recently approved Wilder Crossing condominium project will utilize $746K in city tax increment financing to relocate utilities.

Illinois Rural Made
As a part of the USDA's commitment to strengthening rural economies, a state-by-state "Made in Rural America" report has been released for each state. Each state's factsheet highlights specific USDA investments in rural businesses, manufacturing, energy, water, and other infrastructure development.

Illiana Expressway Suddenly Hits Roadblock
Governor Bruce Rauner, Illinois' newest governor, halted the Illiana Expressway for further review of the project. The 50-mile expressway is projected to cost up to $1.5 billion.

Upcoming Events

2015 CDFA Illinois Conference
May 15, 2015
Agenda Now Online
Join the CDFA Illinois Financing Roundtable for the third annual conference on May 13, 2015. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Illinois economy going forward.

Illinois News

Schaible Calls for Moratorium on TIF funds at Meeting
The Beverly News | Feb. 11 | Tax Increment Finance (TIF)

IIRA's Rural Community Economic Development Conference
Western Illinois University | Feb. 10 | Community Development | Economic Development | Rural Development

ComEd Leverages Silver Spring's Smart Grid for LED Streetlights
Greentech Media | Feb. 10 | Access to Capital | Energy Finance | Green Finance | Local Finance Program

CDFA, Yale Clean Energy Finance Forum Launches New Program
CDFA | Feb. 10 | CDFA Original Research | Energy Finance | Member News | Webcasts

IL Gov. Lays Out "Turnaround" Agenda
The Bond Buyer | Feb. 5 | Economic Development

Brownfields 2015 Blog Launched - Be a Contributor!
ICMA | Feb. 5 | Brownfield Financing

Administration's Budget Would Permanently Extend NMTC
Novogradac & Co. | Feb. 4 | Community Development | Tax Credits | U.S. Dept. of Treasury | Federal

Park Ridge Votes to Refinance Downtown TIF Debt
Chicago Tribune | Feb. 4 | Access to Capital | Bond Finance | Tax Increment Finance (TIF)

IRS to Allocate Nearly $1.4 Billion in New CREBs Volume Cap
McGuireWoods | Feb. 4 | Bond Finance | Energy Finance | Member News | Internal Revenue Service (IRS) | Federal

ContextMedia Expansion in Chicago to Create 600 Jobs
Economic Development HQ | Feb. 3 | Access to Capital | Economic Development | Innovation Finance | Local Finance Program

Galesburg,IL TIF Districts Increase in Value
The Register-Mail | Jan. 29 | Access to Capital | Tax Increment Finance (TIF)

Annual Upgrades Exceeded Downgrades for Public Finance in 2014, Reversing 5-Year Trend
Fitch Ratings | Jan. 29 | Bond Finance

2014 Year in Review: SEC Municipal Market Enforcement
Ballard Spahr | Jan. 29 | Bond Finance | Member News | U.S. Securities and Exchange Commission (SEC)

Rosemont, IL Agrees to Loan 2 TIF Districts Money
Daily Herald | Jan. 19 | Access to Capital | Economic Development | Tax Increment Finance (TIF)


Sponsors

Venue Sponsor

Seyfarth Shaw LLP

Annual Roundtable Sponsor

Bryan Cave LLP Ice Miller LLP KeyBanc Capital Markets MB Financial Bank, NA Peckham Guyton Albers & Viets, Inc. S.B. Friedman & Company

Conference Supporting Sponsor

Jacob & Klein Ltd.

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


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
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
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
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
Become a Sponsor