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CDFA Ohio Financing Roundtable Newsletter - April 2014

CDFA Ohio Financing Roundtable Newsletter - April 2014
April 16, 2014
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CDFA Ohio Financing Roundtable Newsletter

Feature

Kasich Administration Rolls Out Minority Business Initiative
The governor has announced a plan to place business assistance centers in the six JobsOhio regions of the state. These centers will offer a range of economic development services.

Central Ohio Townships Ask Voters to Approve Tax on Some Workers
Jefferson and Perry Townships will vote next month to implement an additional income tax for workers located in a joint economic development zone.

Ohio Direct Financial Incentives Available for 2014
Area Development reports this partial listing of economic development, access to capital, and tax credit programs available in Ohio for 2014.

Toledo-Lucas County Port Authority Closes 3 Major Bond Deals
The Toledo-Lucas County Port Authority recent closed three significant bond deals, including capital projects at Lourdes University, Keller Logistics, and various projects in the Northwest Ohio Advanced Energy Improvement District.

Upcoming Events

2014 Ohio Financing Roundtable Conference
September 9, 2014 - Columbus, Ohio
Join the CDFA Ohio Financing Roundtable this September 9, for our sixth annual conference focused on "Development Finance Best Practices: Programs and Tools that Work." This one-day conference will feature a number of economic development finance experts and leaders from around the state discussing new development finance tools, resources, authorities, and approaches and how these methods can move Ohio's economy forward.

Ohio News

Van Wert Lumber Builds with Revolving Loan Fund
Van Wert Independent | Apr. 14 | Access to Capital | Local Finance Program | Rural Development

Expect Communities to Deploy ‘Arsenal' of Incentives to Land GE
Cincinnati Business Courier | Apr. 11 | Access to Capital | Economic Development | Local Finance Program | State Finance Program | Tax Credits

OH Bill Allows TIF Revenue For Natural Gas Infrastructure
Bricker & Eckler LLP | Apr. 11 | Energy Finance | Infrastructure Finance | Legislative | State Finance Program | Tax Increment Finance (TIF)

Cincinnati Manufacturer to Pump $9M into Plant Expansion
Cincinnati Business Courier | Apr. 10 | Economic Development | Member News

Toledo Officials Defend Joint Economic Development Zones
Toledo Blade | Apr. 10 | Economic Development | Legislative | Local Finance Program

Ohio Could Take a Big Step Backwards with SB 310
ACEEE | Apr. 10 | Energy Finance | Green Finance | Legislative | State Finance Program

Third Frontier Approves $920K to Support Entrepreneurs
MFRTech | Apr. 10 | Access to Capital | Economic Development | Innovation Finance | State Finance Program

Why Does the Historic Tax Credit Matter?
America's Charities | Apr. 9 | Legislative | Redevelopment | Tax Credits

Here's How Much Angel Investing Is Rising In Ohio And Nearby Areas
Cincinnati Business Courier | Apr. 9 | Access to Capital | Economic Development | Innovation Finance | Local Finance Program

Miamisburg Looks to Develop Site with Tax Deal in Place
Dayton Business Journal | Apr. 9 | Economic Development | Local Finance Program | Tax Credits

Rocket Ventures Finally Getting Off the Ground
Toledo Blade | Apr. 8 | Access to Capital | Economic Development | Innovation Finance | State Finance Program

Euclid Receives $1M from State for Lakefront Plan
The News-Herald | Apr. 7 | Economic Development | State Finance Program | Tax Increment Finance (TIF)

Cincinnati Group Promises Big Bucks to Creative Entrepreneurs
Cincinnati Business Courier | Apr. 7 | Access to Capital | Economic Development | Innovation Finance | Local Finance Program

Licking County Chamber Reasserts JEDZ Opposition
Newark Advocate | Apr. 7 | Access to Capital | Economic Development | Local Finance Program | State Finance Program | Tax Increment Finance (TIF)

Inner-City Blight Means Greater Tax Burden on Cuyahoga County Suburbs
Northeast Ohio Media Group | Apr. 4 | Bond Finance | Local Finance Program | Redevelopment

Bill Would Help Cities Address Blighted Houses
Columbus Dispatch | Apr. 4 | Access to Capital | Legislative | Redevelopment | State Finance Program

Cincinnati Commits $8M for Smale Riverfront Park
Cincinnati Enquirer | Apr. 4 | Access to Capital | Bond Finance | Economic Development | Local Finance Program | Urban Development

NCR Refinances Retirement Community with $30.5M Bonds
McKnight's | Apr. 3 | Bond Finance | Community Development

Bricker & Eckler Tracks Ohio's Oil, Gas-Related ED
Bricker & Eckler | Apr. 2 | Economic Development

City of Oregon Expects Changes to Bill that Bans JEDZs
The Press | Apr. 1 | Economic Development | Legislative | Local Finance Program

NBBJ, Kimball Midwest Get State Tax Credits for 66 Jobs
Columbus Business First | Apr. 1 | Economic Development | State Finance Program | Tax Credits

Tax Credits Approved with 172 New Northeast Ohio Jobs Expected
Cleveland Plus Business | Apr. 1 | Economic Development | State Finance Program | Tax Credits

Ohio Approves Tax Credits for Several Dayton-Area Projects
Dayton Business Journal | Apr. 1 | Economic Development | State Finance Program | Tax Credits

Port Board OKs $45M Bonds for New UT Housing
Toledo Blade | Apr. 1 | Bond Finance | Member News


New Additions to the Online Resource Database

2014 Site Assistance and Brownfield Revitalization Update
Access to Capital | Brownfield Financing | State Finance Program
Through its Site Assistance and Brownfield Revitalization section, the EPA provides technical review and assistance to the Clean Ohio Fund and JobsOhio Revitalization Fund. This presentation from the 2014 Brownfield Conference provides program updates.

Development Finance Authority of Summit County 2013 Annual Report
Economic Development | Local Finance Program | Member News
The Development Finance Authority of Summit County published their 2013 Annual Report to communicate their involvement in financing recent projects, along with new programs, advocacy work and a financial statement.


Sponsors

Annual Roundtable Sponsor

Bricker & Eckler LLP Finance Fund Frost Brown Todd, LLC Ice Miller LLP KeyBanc Capital Markets Roetzel & Andress Squire Sanders

Conference Premium Sponsor

Cleveland International Fund

Conference Supporting Sponsor

Cleveland-Cuyahoga County Port Authority Development Finance Authority of Summit County Piper Jaffray & Co.

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

CDFA Spotlight

OEDA Offers "Building Competitive Advantage to Win" Training
Demonstrating competitive economic development sales skills is no longer just an option for economic development professionals who wish to be successful in retaining, growing, and winning quality jobs. Participants will learn and apply skills to prepare, respond, and win in the fierce competition of economic development.

OEDA Webinar - EB-5 Immigrant Investor Program
The Ohio Economic Development Association invites you to a Webinar meeting about EB-5 financing on May 1 from 11:30 AM - 12:30 PM.


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 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
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
Become a Sponsor