CDFA South Carolina Financing Roundtable Newsletter - October 2015

CDFA South Carolina Financing Roundtable Newsletter - October 2015
October 28, 2015



Feature
USC Seeks Developer for Massive Student Housing P3 As reported by NCPPP, the University of South Carolina is seeking a developer to lease property from USC and design, build, finance, operate and maintain new student housing ranging from three to six stories across an 18-22 acre site on the campus. $6.7M Grant Awarded to Clemson University for Energy Research According to SCE&G, the Department of Energy is funding a three year, $6.7M project at Clemson University with TECO-Westinghouse Motor Company and Rensselaer Polytechnic Institute, aimed at reducing energy worldwide by developing more efficient industrial motors. Gov. Haley Expands SC State Tax Credit For Abandoned Buildings The Palmetto Business Daily reports Governor Nikki Haley signed into law amendments that will assist economic developers refurbish South Carolina's abandoned or historic buildings. Finance Plan for Port of Charleston Gets A+ From Ratings Agencies According to the Post and Courier, Moody's Investors Service and Standard & Poor's gave an A-plus rating to the South Carolina State Ports Authority's planned $290 million bond issue. State Tax Credit and Incentive Update - September 2015 The National Law Review breaks down the latest events in tax credits and incentives news by state. Topics covered include recipients, case law, legislative, regulative and gubernatorial updates. SBDC of SC Wins CDFA Excellence in Development Finance Award for SSBCI Loan Participation Program CDFA is proud to announce the Small Business Development Corporation of SC and their SSBCI Loan Participation Program as the one of the winners of the 2015 CDFA Excellence in Development Finance Award. The awards recognize outstanding development finance programs, agencies, leaders, projects, and success stories from across the nation and will be presented to the winners at the CDFA National Development Finance Summit.
Upcoming Events
Intro Property Assessed Clean Energy (PACE) Finance WebCourse The Intro Property Assessed Clean Energy (PACE) Finance WebCourse will delve into the process of creating a PACE program for a community from start to finish. Over the span of two days, all the pieces of PACE financing are analyzed including the bond issuance needed, enhancing investor appeal, discerning the regulatory matters, the realm of market potential and more. In the long run, the lowered utility bills and increased local jobs from PACE financing will benefit residents and businesses. CDFA National Development Finance Summit Join CDFA in Charleston, South Carolinaon November 3-6 for the 2015 National Development Finance Summit! Hosted by the South Carolina Jobs-Economic Development Authority (JEDA), the CDFA National Summit brings together the leaders and dealmakers in the development finance industry to discuss best practices, trends, and project financing solutions.
South Carolina News
Utlities Hope New Deal Will Hold Down SC Nuke Plant Costs The Post and Courier \| Oct. 28 \| Bond Finance \| Economic Development Solar Energy Company to Invest $15.5M in Florence County WMBF \| Oct. 26 \| Economic Development \| Energy Finance SC Joins Crowdfunding Crowd Upstate Business Journal \| Oct. 26 \| Crowdfunding Moody's Assigns A1 to South Carolina State Ports Authority's $290M Revenue Bonds Moody's \| Oct. 26 \| Bond Finance \| Economic Development Impact Investments Leading the Next Wave of Development Finance Innovation Dev Ex Impact \| Oct. 22 \| Federal \| Foundations \| Innovation Finance \| International S&P: Debt Financing of Infrastructure Could Hurt States' Credit The Bond Buyer \| Oct. 22 \| Bond Finance \| Infrastructure Finance \| Public-Private Partnership (P3) Financing \| State Finance Program Poll: No Consensus on Road Funding The Bond Buyer \| Oct. 22 \| Bond Finance \| Infrastructure Finance \| Public-Private Partnership (P3) Financing \| State Finance Program Global Green Bonds Issuance To Exceed $40 Billion This Year Moody's \| Oct. 21 \| Bond Finance \| Energy Finance \| Green Finance \| International EPA Announces New RFP for FY16 Brownfield Grants US EPA \| Oct. 20 \| Access to Capital \| Brownfield Financing \| Revolving Loan Funds (RLFs) \| U.S. Environmental Protection Agency (EPA) Hedge-Fund Managers Lose Big as the Price of Crude Continues to Drop The Wall Street Journal \| Oct. 20 \| Bond Finance \| Energy Finance Moody's, S&P Reaffirm SC Port Bond Ratings JOC.com \| Oct. 14 \| Bond Finance At Five-Year Mark, SSBCI Closing in on Full Disbursement ABA Banking Journal \| Oct. 6 \| State Small Business Credit Initiative (SSBCI) \| U.S. Dept. of Treasury Bridges Prep Building New Campus with $10M Loan The Beaufort Gazette \| Oct. 2 \| Rural Development \| U.S. Dept. of Agriculture (USDA) Completion of I-526 Extension Unlikely without Guaranteed Funding The Post and Courier \| Sep. 28 \| Infrastructure Finance \| State Finance Program Nearly $1.1B Unspent in Water Infrastructure Program The Orange County Register \| Sep. 28 \| Federal \| Infrastructure Finance \| Revolving Loan Funds (RLFs) \| U.S. Environmental Protection Agency (EPA) >>> SEARCH HEADLINES
Partner
Roundtable Partner
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.