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CDFA Georgia Financing Roundtable Newsletter - February 2016

CDFA Georgia Financing Roundtable Newsletter - February 2016
February 24, 2016
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CDFA Georgia Financing Roundtable Newsletter

Feature

Augusta EDA Issues $20M Manufacturing Revenue Bond
Textron Specialized Vehicles, Inc. will acquire a 600,000 square foot manufacturing facility through the use of $20 million in local revenue bonds. The State of Georgia will also provide $600,000 in grant money to finance the expansion of the facility.

Bulloch County TAD Finances Industrial Development and Wetlands Protection
The Development Authority of Bulloch County will continue to pursue tenants for a Statesboro industrial park, whose development is financed with $13.25 million in TAD funds. $210,000 of the development funds will be used for wetlands protection.

Rockdale, GA Development Authority Offers Incentives to New Businesses
The Development Authority of Rockdale County has offered more than $550,000 in property tax incentives to two companies that plan to locate facilities within the county.

Banks Kickstart Business Loan Fund for Community Development
The Small Business Assistance Corporation will receive $250,000 from the Savannah Regional Small Business Capital Fund. The fund is operated by local banks, and will support small business loans throughout the Savannah region.

CDFA Georgia Financing Roundtable to Partner with GEDA
CDFA is pleased to announce the Georgia Economic Developers Association (GEDA) as the official partner of the CDFA Georgia Financing Roundtable. Together, CDFA and GEDA will host the 4th Annual Georgia Financing Roundtable Conference in Atlanta.

Macon-Bibb Commissioners OK Blight Projects in 'Historic Moment'
Macon-Bibb County commissioners authorized the usage of $4.4 million to improve 254 blighted properties. Each of the nine commissioners has $1 million in bond money to contribute, and $150,000 from a revolving loan fund may also be used.

Report: Positive Growth Expected for Atlanta's Tax Allocation Districts
A report by the Center for State and Local Finance finds that Atlanta's TADs are expected to post strong growth in 2016 with a projected revenue increase of nearly 30 percent. To read the whole report, follow this link.

Upcoming Events

CDFA Georgia Conference
Thursday, June 16, 2016 - Atlanta, GA
Join CDFA for the fourth annual Georgia Financing Rountable Conference on June 16 in Atlanta. With new partner GEDA, the 2016 Georgia Conference will be an opportunity for you to meet with your colleagues from around the state, network with development finance experts & discover financing solutions to meet the economic development challenges your community faces.

This year's conference will focus on a number of critical topics in the development finance industry including examining the powers & financing capacities of development authorities across the state of Georgia. The conference also features a session on the expansion of oppportunities for public-private partnerships in Georgia and what they are able to finance. Check out the 2016 Georgia Financing Roundtable Conference webpage to find what the conference as to offer.

Georgia News

Athens-Clarke County, GA Allocates $1.5M in CDBG Funds
Athens Banner-Herald | Feb. 23 | Access to Capital | Community Development | Federal | U.S. Dept. of Housing & Urban Affairs (HUD)

Renewvia Energy Helps Georgia's Agriculture Sector Grow through Solar Energy
PR Web | Feb. 23 | Energy Finance | Green Finance | Incentives | Tax Credits

Why the R&D Tax Credit Is Now Better Than Ever
Jacksonville Business Journal | Feb. 23 | Federal | Incentives | Tax Credits

USDA Awards Loans to Boost Rural Economic Development in Five States
USDA | Feb. 23 | Rural Development | U.S. Dept. of Agriculture (USDA)

Chamblee, Doraville, GA Receive $96K Grant
Atlanta Journal Constitution | Feb. 17 | Federal | Infrastructure Finance | U.S. Dept. of Transportation (DOT)

Alpharetta Calling for Bond Vote
Atlanta Journal Constitution | Feb. 16 | Bond Finance | Infrastructure Finance

Agreements Approved on $85M Dollar General Project
Clayton News-Daily | Feb. 12 | Infrastructure Finance | State Finance Program

GFOA Alert Urges Issuers to Prepare for SEC MCDC Settlement Offers
The Bond Buyer | Feb. 11 | Bond Finance | Federal | Member News | U.S. Securities and Exchange Commission (SEC)

FMC Asking Floyd County, GA to Back New Debt
Rome News Tribune | Feb. 9 | Bond Finance | Infrastructure Finance | Local Finance Program

Public Tab for Philips Rehab Could Be $150M
Atlanta Journal Constitution | Feb. 8 | Bond Finance | Redevelopment | Tax Increment Finance (TIF)

January 2016 Tax Credits & Incentives Update
The National Law Review | Feb. 8 | Tax Credits

Roswell Begins Work on 2-Lane Roundabout
Alpharetta-Roswell Herald | Feb. 3 | Infrastructure Finance | State Finance Program

Reed: City Could Handle $100M-$150M for Philips Arena Redo
The Atlanta Journal Constitution | Feb. 2 | Bond Finance | Local Finance Program

A Look at Brownfields: The Dirty, the Ugly, and the Potential for Turnaround
wastedive.com | Jan. 27 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)


Sponsors

Venue Sponsor

Seyfarth Shaw LLP

Conference Premium Sponsor

Development Authority of Fulton County

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

Job Postings

Hiring: Manager Innovation and Entrepreneurship - Invest Atlanta

Hiring: Westside & Choice Neighborhood Program Manager - Invest Atlanta


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
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