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CDFA Florida Financing Roundtable Newsletter - February 2016

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

Feature

Agenda Announced for the 2016 Florida Finance Roundtable Conference - May 4-5 in Tampa
The agenda for the 2016 Florida Financing Roundtable is online. Check out all that the 2016 Florida Conference has by following the link above and join us in Tampa on May 4-5.

Lake Worth Receives $1.4M Infrastructure Grant from USEDA
The U.S. Economic Development Administration has provided the City of Lake Worth with $1.4 million in federal grant money to make infrastructure improvements to The Park of Commerce.

Florida Solid Waste Authority Awards $500K in Blight Grants
The Solid Waste Authority of the Palm Beach County Governing Board has approved $500,000 of Blighted and Distressed Property Cleanup and Beautification Grants for seven county projects.

Jacksonville Project Could Bring 450 New Jobs, $5.95M in Capital Investment
As reported by the Jacksonville Business Journal, an unnamed company has promised to create 450 new jobs in Jacksonville's financial services sector in exchange for $2.84 million in city and state incentives.

$79.5M in Bonds Issued for FL Waterside Development
The Lakewood Ranch Stewardship District has issued $79.5 million in bonds to finance the Villages of Lakewood Ranch South project.

Springs Funding Added to Everglades Fix
Florida House and Senate committees have approved companion legislation that, if passed, would direct as much as $200 million a year to South Florida water projects. The projects are expected to be financed by Florida Forever.

Gables Selling Bonds for Miracle Mile Streetscape
Coral Gables residents have one more month to purchase bonds that will finance the Miracle Mile Streetscape Project. The city commission recently approved a resolution that locks in a maximum price of $21.6 million for the project.

FL Catastrophe Fund Preps $1.2B High-Grade Taxable Deal
The Florida Hurricane Catastrophe Fund will sell $1.2 billion of high-grade taxable bonds in order to make payments on insurance claims from damages caused by hurricanes

Upcoming Events

CDFA Florida Conference
May 4 - 5, 2016 - Tampa, FL
Join CDFA for the 3rd Annual Florida Financing Roundtable Conference on May 4-5 in Tampa! In partnership with FDFC & endorsed by FRA, The 2016 Florida Conference give you the opportunity to meet with colleagues from around the state, network with development finance experts & discover financing solutions to meet the economic development challenges your community currently faces.

This year's conference will feature a special focus on the critical topic of Property Assessed Clean Energy (PACE) and its use as a tool to finance the critical need of energy efficiency improvements & wind hardening installations on buildings all over the state of Florida. Check out the 2016 Florida Financing Roundtable Conference page for more details.

Florida News

$24M Radisson Red Miami Airport to Break Ground in October
South Florida Business Journal | Feb. 23 | EB-5 Visa

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

Palmetto, FL Seawall Repair Completed Ahead of Schedule
Bradenton Herald | Feb. 23 | Infrastructure Finance | Local Finance Program | Tax Increment Finance (TIF)

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

SEC Ends Marlins Stadium Probe with No Charges
The Bond Buyer | Feb. 22 | Bond Finance | U.S. Securities and Exchange Commission (SEC)

Florida City, County Spar over CRA Payment
Citrus County Chronicle | Feb. 18 | Redevelopment | Tax Increment Finance (TIF)

250-Employee North Brevard, FL Project OK'd for Incentives
Florida Today | Feb. 18 | Economic Development | Incentives | Local Finance Program

Fort Lauderdale Streetcar Costs up $53M from Original Budget
Sun Sentinel | Feb. 18 | Infrastructure Finance | Local Finance Program | State Finance Program | Tax Increment Finance (TIF)

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)

Florida Solid Waste Authority Awards $500K in Blight Grants
Recycling Today | Feb. 11 | Community Reinvestment Act (CRA) | Redevelopment

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

Grand Jury Report Slams Miami-Dade's Anti-Blight Taxing Districts
Miami Herald | Feb. 5 | Community Reinvestment Act (CRA) | Urban Development

Taking The Mystery Out Of EB-5 Regional Centers
GlobeSt.com | Feb. 3 | EB-5 Visa | International

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

Roundtable Partner

Florida Development Finance Corporation

Conference Premium Sponsor

First American Bank Gray Robinson

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