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CDFA Texas Financing Roundtable Newsletter - May 2014

CDFA Texas Financing Roundtable Newsletter - May 2014
May 28, 2014
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CDFA Texas Financing Roundtable Newsletter

Feature

New Rules Implement Legislative Changes to TWIA Funding
According to Insurance News Net, the Texas Department of Insurance issued final rules to update existing loss funding and premium surcharge rules for the Texas Windstorm Insurance Association (TWIA).

Development Planning & Financing Group Spring Report
DPFG distributed their latest e-newsletter which includes featured articles on municipal utility districts, tax increment reinvestment zones, public improvement districts, community facilities districts and how these tools are supporting infrastructure, housing markets, and private investment across the US.

UH Incubator Hopes to be Pipeline for Chinese Investors
Houston Business Journal reports that the University of Houston's new technology incubator, worth $25M in investment in labs and funding, is also forming a partnership with the Texas Collegiate Regional Center (TCRC) to get certified for EB-5 investors.

Texas Regulators Aim to Make Crowdfunding Easy
Christopher Calnan with Austin Business Journal discusses the progress made by the Texas State Securities Board toward implementing crowdfunding rules that would enable unaccredited investors to invest up to $5K a year without requiring proof of income.

Upcoming Events

CDFA Texas Financing Roundtable Webinar: Understanding the EB-5 Model in Texas
July 16, 2014
The EB-5 Program is a federal foreign direct investment, immigration, and regional economic development program that provides access to capital to U.S. businesses and creates American jobs at no expense to the American taxpayer. Use of the program has rapidly gained momentum in the last few years throughout the country, and Texas is no exception. Join the CDFA Texas Financing Roundtable in partnership with TEDC, for this webinar on "Understanding the EB-5 Model in Texas," in which experts share basics of the program, case studies and considerations for using this valuable tool in Texas.

CDFA Texas Financing Roundtable Webinar: P3: A Key Infrastructure Financing Model in Texas
August 6, 2014
Across the country, state and local agencies are using P3 structures to finance real estate developments, schools, parking garages, public transit, affordable housing, water facilities, and more. Join the CDFA Texas Financing Roundtable in partnership with TEDC, for this webinar on "P3: A Key Infrastructure Financing Model in Texas," in which experts share basics of the program, case studies and targeted tactics for implementing a P3 project in Texas.

Texas News

Austin to Texas: Give Our Growing Tech Companies Tax Breaks
Austin Business Journal | May. 23 | Economic Development | State Finance Program | Tax Abatements

Austin Approves $1.3B Creative Content Incentives Program
Austin Business Journal | May. 16 | Economic Development | Local Finance Program | Tax Credits

Civitas Capital Group EB-5 Projects Win DBJ Awards
IT Business Net | May. 13 | EB-5 Visa | Tax Increment Finance (TIF) | Urban Development

Grapeland Restores Century-Old Jail House
KETK | May. 13 | Local Finance Program

New Austin VC Firm Raising $25M Fund
Austin Business Journal | May. 12 | Access to Capital | Economic Development | Innovation Finance

TIRZ Money Helps Keep Kingwood Community Consistent
OurTribune.com | May. 7 | Local Finance Program | Tax Increment Finance (TIF)

Houston OKs Redevelopment Program
Houston Business Journal | May. 6 | Community Development | Local Finance Program | Redevelopment | Urban Development

Two Reports Detail Highway Trust Fund Problems
The Bond Buyer | May. 6 | Access to Capital | Bond Finance | Infrastructure Finance | Legislative | U.S. Dept. of Transportation (DOT) | Federal

Congressional Members Introduce New SSBCI Bill
U.S. Senate | May. 5 | Access to Capital | Legislative

Toyota Says $40M Incentive Not a Deciding Factor in Move
Houston Chronicle | May. 5 | Access to Capital | Economic Development | Local Finance Program | Tax Credits

Dawson County Allocated $1.25M in TxDOT Grant
Lamesa Press-Reporter | May. 2 | Infrastructure Finance | State Finance Program


New Additions to the Online Resource Database

Texas Small Business Needs Assessment Poll
Access to Capital | Economic Development | Local Finance Program | State Finance Program | Urban Development
To learn more about the challenges and successes of small businesses across the state, the Federal Reserve Bank of Dallas' Community Development Office has launched the Texas Small Business Needs Assessment Poll, a partnership with the Texas Small Business Development Center Network.

Texas Municipal League Legislative Policy on Revenue and Finance
Access to Capital | Economic Development | Legislative | Local Finance Program | Urban Development
The Texas Municipal League Legislative Policy Committee on Revenue and Finance provides an overview of the League's position on legislation for the year ahead. The guidebook includes the overview of framework and philosophy used to develop positions on potential bills.

SSBCI Venture Capital Program Best Practices
Access to Capital | Economic Development | Innovation Finance | Recommended Practices | State Finance Program
This guidebook from SSBCI offers best practices for State Venture Capital Programs to stimulate and support private investment over time. Included are recommendations for program design and implementation.


Sponsors

Conference Supporting Sponsor

Tyler Economic Development Council Winstead PC

For information about sponsoring the CDFA Texas 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
85 E. Gay Street, Suite 700
Columbus, OH 43215
(614) 224-1300
info@cdfa.net

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CDFA President's Club

  • BNY
  • Bricker Graydon Wyatt LLP
  • CohnReznick
  • Colorado Housing and Finance Authority
  • FBT Gibbons
  • 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.
  • PGAV Planners, LLC
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
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