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CDFA California Financing Roundtable Newsletter - April 2017

CDFA California Financing Roundtable Newsletter - April 2017
April 19, 2017
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CDFA California Financing Roundtable Newsletter

Feature

Orthopaedic Institute for Children Announces $24.5M Project Using NMTC
The monies will help fund a series of new construction projects on its downtown Los Angeles campus including a new urgent care center, physical therapy department and research laboratories. It will also reimburse $9.5 million spent as part of the 2016 construction and opening of OIC's ambulatory surgery center.

CA Appeals Court Affirms State's Cap-And-Trade Program
An appeals court has affirmed the legality of carbon dioxide auctions in California's cap-and-trade program. The program has raised billions of dollars since its inception in 2012 – some of which is going to fund the state's $64 billion high-speed rail that would run from San Francisco to Los Angeles.

Ygrene PACE Program Expands Credit Facility to $410M
Ygrene Energy Fund, a leading national provider of residential, commercial and multifamily PACE (property assessed clean energy) financing, announced that it has upsized its warehouse credit line to $410 million. 

Grant Announcement: California Water Commission
California Consulting is pleased to announce the opening of the application period for the California Water Commission Water Storage Investment Program (WSIP).  The Commission has announced that starting March 14, 2017,  public agencies in California will be able to submit applications for funding of water storage and other infrastructure projects as part of the WSIP program.

Tax Credits Lead to 4 More TV Shows Moving to CA
Legion, Lucifer, The Affair and The OA will relocate to California for favorable tax credits. The first two previously filmed in Vancouver, the latter pair come from New York. All told, the Golden State's latest attempt to lure production back will split $99.2 million across 15 small-screen projects.

Upcoming Events

CDFA & OSU Webcast: Using the Successes of Energy Finance to Guide Progress in Food Systems Finance
April 24, 2017 - 9:30 AM Eastern
This webcast presented by students from the City and Regional Planning program at The Ohio State University will provide a thorough description of how certain finance tools are being used for sustainable development in energy in addition to both speculative and concrete findings of how these tools could be used toward similar sustainability in food systems.

Intro Tax Increment Finance WebCourse
May 10 - 11, 2017 - Daily: 12:00 - 5:00 PM Eastern
This course brings TIF deal-making and best practices into focus through a two-day program targeting the entire TIF community including economic developers, public agency representatives, bond issuers, legal professionals, developers, financial advisors, and other stakeholders. 

California News

Revolving Loan Fund Consultant Services - City of San Diego
City of San Diego | Apr. 7 | Job Postings & RFPs

CA Approves $91M in Tax Breaks for 114 Firms
The Washington Times | Apr. 13 | Incentives

CA Increases Gas Tax to Fund Highway Repairs
Mother Jones | Apr. 7 | Infrastructure Finance

Fair Oaks Blvd. Business Improvement District Plans Moving Forward in CA
Carmichael Times | Mar. 16 | Tax Increment Finance (TIF)


Sponsors

State Partner

California Association for Local Economic Development

For information about sponsoring the CDFA California 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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  • 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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