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CDFA Florida Financing Roundtable Newsletter - July 2017

CDFA Florida Financing Roundtable Newsletter - July 2017
July 26, 2017
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CDFA Florida Financing Roundtable Newsletter

Feature

Florida First Capital Maintains Lead in Loan Production in FL
At the nine-month mark of the Small Business Administration's (SBA) 2017 fiscal year, Florida First Capital continued to maintain its lead in SBA 504 loan production in Florida, both in dollar totals and number of loans

$85M FL Job Growth Fund will Invest in New Jobs and Competitive Communities
Enterprise Florida and the Florida Department of Economic Opportunity (DEO) are accepting economic development project proposals for the new $85 million Florida Job Growth Grant Fund. Economic development projects that enhance community infrastructure or develop workforce training programs are eligible to receive funding.

FL Community Development District Bond Validation Case Goes to Trial
A disagreement between two central Florida community development districts and their residents takes center stage this week in a bond-validation trial. The Poinciana CDD supervisors contend in court filings that their plan to issue up to $102 million of tax-exempt bonds to purchase recreational amenities from the CDD developer complies with the required elements of state law and should therefore be validated.

Gainesville, FL, Getting Close to Financing Sewer Improvements
Workers could soon be replacing and rehabilitating existing sewers at five locations in Gainesville if the financing is approved.

FL Train Developer May Switch Tracks on Federal Financing
All Aboard Florida and its parent company inquired in recent months about obtaining a low-interest loan to finance its Brightline-branded train service from the U.S. Department of Transportation's Federal Railroad Administration, according to correspondence obtained by The Bond Buyer.

Jacksonville, FL, Approves Incentives for $90M Redevelopment
The Downtown Investment Authority in Jacksonville, Florida, signed on for plans to redevelop the Laura Street Trio and Barnett Building where the developers expect to spend around $90 million on the overall project.

504 Loan Helps Entrepreneur Beautify in FL
Bashiti, an entrepreneur who successfully opened Beautylicious in 2016, realized that he would need a partner that would help elevate his dream and also help him navigate the complicated financial landscape.  That's when he chose to work with Florida First Capital and the SBA 504 Loan Program to finance the $920,000 rent swap transaction.

Upcoming Events

CDFA Summer School
August 7 - 11, 2017 - Minneapolis, MN
CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program.

CDFA Florida Conference
September 28, 2017 - Fort Lauderdale, FL
Join the CDFA Florida Financing Roundtable for a special one-day conference hosted at the Broward Metropolitan Planning Organization. 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 Florida economy going forward.

Sponsors

State Partner

Florida Development Finance Corporation Florida Redevelopment Association

Venue Sponsor

Broward Metropolitan Planning Organization

Premium Sponsor

First American Bank GrayRobinson

Supporting Sponsor

Federal Home Loan Bank of Atlanta Florida Community Loan Fund

For information about sponsoring the Florida 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

  • BNY Mellon
  • Bricker Graydon LLP
  • Bryan Cave Leighton Paisner 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