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CDFA Illinois Financing Roundtable Newsletter - May 2016

CDFA Illinois Financing Roundtable Newsletter - May 2016
May 11, 2016
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CDFA Illinois Financing Roundtable Newsletter

Feature

Benefit Chicago: Investing for Impact
Benefit Chicago is a new collaboration that aims to mobilize $100 million in impact investments for nonprofits and social enterprises working throughout the Chicago region

Harvey, IL Leaves Bondholders Empty-Handed
Harvey, in local headlines for internal governance turmoil, appears to have initially made debt service payments owed in December on a $37 million new money and refunding general obligation issue from 2007 but then pulled back the payments, according to one investor.

Tapco Site: Be Flexible to Reach Endgame in Rockford, IL
As reported by Renewal & Redevelopment, in order to fund the remediation efforts needed to demolish a former vacant manufacturing facility and clean up the site, the City of Rockford, IL combined five different funding sources totaling over $1.28 million.

RFQ Issued for Chicago's Smart Lighting Project
Chicago has entered the second phase of its search for a private developer to upgrade its outdoor lighting infrastructure by issuing a request for qualifications for its Chicago Smart Lighting Project.

Bridging the Gap: Impact Investment in the Chicago Region
Researchers in coordination with the MacArthur Foundation explain the need for impact capital in the Chicago region, and in what areas the capital would be most useful.

Upcoming Events

CDFA Illinois Conference
May 19, 2016 - Chicago
Join the CDFA Illinois Financing Roundtable for the fourth annual conference. 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.

Illinois News

Tax Funds Used for Marriot Hotel Near DePaul Arena Controversial
The DePaulia | May. 9 | Tax Increment Finance (TIF)

Rockford, IL Tries Again to Rehab Historic, Blighted Apartments
rrstar.com | May. 6 | Tax Credits | Tax Increment Finance (TIF)

Tax Districts Support Creating Proposed Collinsville, IL TIF
Belleville News-Democrat | May. 6 | Tax Increment Finance (TIF)

March 2016 Tax Credits & Incentives Update
Lexology | Apr. 21 | Incentives | Legislative | State Finance Program | Tax Credits

Chicago's New Hope: Lucas Museum Requiring $1.2B of Bonds
The Bond Buyer | Apr. 21 | Bond Finance

IL Politicians Strike Harsher Tone on Budget
The Bond Buyer | Apr. 14 | State Finance Program | Legislative

Aurora Expands Tax District Where New Mall Entrance Might Be Built
The Beacon-News | Apr. 14 | Tax Increment Finance (TIF)


Sponsors

Venue Sponsor

Seyfarth Shaw LLP

Annual Roundtable Sponsor

Ehlers Katten Muchin Rosenman LLP Shanahan & Shanahan LLP

Conference Premium Sponsor

Bryan Cave LLP First American Bank Ice Miller LLP Kane, McKenna & Associates, Inc KeyBanc Capital Markets Kutak Rock LLP MB Financial Bank, NA Peckham Guyton Albers & Viets, Inc. S.B. Friedman & Company

Conference Supporting Sponsor

Jacob & Klein Ltd. Siebert Brandford Shank & Co. L.L.C.

For information about sponsoring the CDFA Illinois 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

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  • Grow America | Formerly NDC
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  • Ice Miller LLP
  • KeyBanc Capital Markets
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  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
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  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
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