CDFA Illinois Financing Roundtable Newsletter - April 2015
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| Feature |
Hultgren's Interest in Munis (and MAMBA) Comes from Experience
In an interview with the Bond Buyer, Rep. Hultgren discusses his support for tax-exempt bonds, including working with CDFA on the Modernizing American Manufacturing Bonds Act.
Ratings Firm's Undisclosed Report Sees Illiana as Financial Risk
According to the Chicago Tribune, Will County Center for Economic Development is urging Gov. Rauner not to give up on the Illiana Tollway project, despite Fitch Ratings concluding that IDOT's financing plan could not receive an investment grade rating.
Knoxville, IL Rewrites TIF Grant Program
Currently, Knoxville offers a $10,000 facade grant and a $30,000 grant for repairing building interiors. The Register-Mail reports the City is drafting an amendment to combine both grants for a single $40,000 grant program.
IL Agency Helps Private Owners Rehabilitate Historic Buildings
In a news release, the Illinois Historic Preservation Agency says federal tax credits for historic buildings has pumped more than $726 million into the state economy. The total spent on projects qualifying for the tax credits is higher than any other state.
Groups Propose Community Solar Program for IL
According to Midwest Energy News, a proposal was filed with the Illinois Commerce Commission for a three-year pilot program in which a "host" customer would recruit neighbors to invest in a project and share the credits received for excess energy put on the grid.
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Upcoming Events |
2015 CDFA Illinois Conference
May 15, 2015
Join the CDFA Illinois Financing Roundtable for the third annual conference on May 13, 2015. 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 Illinois economy going forward.
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CDFA Spotlight |
CDFA Announces The Bond Buyer as Official Media Sponsor
CDFA is proud to recognize The Bond Buyer as our official media sponsor. This new partnership brings the collective expertise of CDFA and The Bond Buyer together to offer timely information to the development finance industry. As part of this partnership, CDFA members who are categorized as State or Local Issuer will be entitled to a special subscription discount to The Bond Buyer.
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Illinois News |
EPA Announces FY2015 Supplemental Funding for Brownfields RLF Grantees
US EPA | Apr. 6 | Access to Capital | Brownfield Financing | Revolving Loan Funds (RLFs) | U.S. Environmental Protection Agency (EPA)
SEC Adopts Rules under Title IV of JOBS Act
Forbes | Mar. 30 | Access to Capital | Crowdfunding | U.S. Securities and Exchange Commission (SEC) | Federal
Belleville City Council Advances TIF Plan for Developers
BND.com | Mar. 26 | Access to Capital | Economic Development | Tax Credits | Tax Increment Finance (TIF)
MSRB Increases Test Fees
MSRB | Mar. 23 | Bond Finance | Economic Development | Federal | Municipal Securities Rulemaking Board (MSRB)
EPA Announces Supplemental Funding for Brownfields RLF
US EPA | Mar. 23 | Access to Capital | Brownfield Financing | Revolving Loan Funds (RLFs) | U.S. Environmental Protection Agency (EPA)
Wheeling Area Apartments Want Incentive for $1.1M Project
Daily Herald | Mar. 19 | Access to Capital | Redevelopment | Tax Increment Finance (TIF)
The Chicago EB-5 Project Finance Forum Announced
PR Web | Mar. 12 | EB-5 Visa
Tax Credit Extension Sought to Save Millions in Rockford, IL
Rockford Register Star | Mar. 11 | Redevelopment | Tax Credits
SEC Official Eyes Accounting Mandate for Municipal Issuers
Reuters | Mar. 11 | Bond Finance | U.S. Securities and Exchange Commission (SEC)
Cities Paying Millions to Get Out of Bad Bank Deals
GOVERNING | Mar. 11 | Bond Finance | Economic Development
Lewistown City Council OKs Loan Agreement
Canton Daily Ledger | Mar. 11 | Access to Capital | Infrastructure Finance | State Finance Program
County Approves Loans for Granite City, Venice
Advantage News | Mar. 11 | Access to Capital | Infrastructure Finance | Local Finance Program | Revolving Loan Funds (RLFs)
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Sponsors |
Venue Sponsor
Annual Roundtable Sponsor
Conference Premium Sponsor
Conference Supporting Sponsor
For information about sponsoring the CDFA Illinois Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
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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.
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Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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