CDFA Georgia Financing Roundtable Newsletter - March 2016

CDFA Georgia Financing Roundtable Newsletter - March 2016
March 30, 2016



Feature
Columbus, GA City Council Approves Three TADs The Columbus City Council has unanimously approved the creation of three new tax allocation districts. The districts will included the Uptown district, the 2nd Avenue/City Village district, and the 6th avenue/Liberty district. Bonds for Title: How Georgia Abates Property Taxes Daniel McRae of Seyfarth Shaw LLP uses a simple graphic to demonstrate how property tax abatement is carried out in Georgia. Invest Atlanta to Issue $150M in Bonds for Renovation Invest Atlanta voted unanimously to issue $150 million in bonds to help finance a planned renovation of the Georgia-Pacific building. The project is expected to create up to 600 jobs at the company's downtown Atlanta headquarters. Georgia Power to Offer Green Bonds Georgia Power has issued $325 million in Green Bonds, becoming the first retail electric utility in the US to offer this type of security. The bonds will help support investment in sustainable generation and renewable development in Georgia. Georgia DOT Awards $89.7M in Transportation Contracts The Georgia Department of Transportation has awarded 24 contracts worth $89.7 million for projects across the state. Multiple bridge and resurfacing projects are included in the contract. House Votes to Create Rural Healthcare Tax Credits House Bill 919 creates a pool of $100 million in tax credits for individuals or corporations who contribute to "rural health care organizations. The bill aims to generate investment in Georgia's rural healthcare infrastructure. Rockdale, GA Development Authority Considers RLF The Development Authority of Rockdale County may join a state program that offers loans to businesses in exchange for a commitment to support economic development. Loan repayments would be directed to a county-run revolving loan fund.
Upcoming Events
CDFA Georgia Conference Thursday, June 16, 2016 - Atlanta, GA Join CDFA for the fourth annual Georgia Financing Rountable Conference on June 16 in Atlanta. With new partner GEDA, the 2016 Georgia Conference will be an opportunity for you to meet with your colleagues from around the state, network with development finance experts & discover financing solutions to meet the economic development challenges your community faces. This year's conference will focus on a number of critical topics in the development finance industry including examining the powers & financing capacities of development authorities across the state of Georgia. The conference also features a session on the expansion of oppportunities for public-private partnerships in Georgia and what they are able to finance. Check out the 2016 Georgia Financing Roundtable Conference webpage to find what the conference as to offer.
Georgia News
Byron, GA Council Buys Industrial Lots for $300K The Macon Telegraph \| Mar. 30 \| Economic Development \| Local Finance Program Duluth Expands Downtown Development Authority Area Atlanta Journal Constitution \| Mar. 30 \| Local Finance Program \| Special Assessment Districts \| Tax Increment Finance (TIF) Roswell, GA City Council Votes to Continue Redevelopment Project Atlanta Journal Constitution \| Mar. 30 \| Infrastructure Finance \| Local Finance Program \| Redevelopment Atlanta Transit Funding Bill Passes The Bond Buyer \| Mar. 29 \| Bond Finance \| Infrastructure Finance \| Legislative \| State Finance Program Warner Robins, GA Takes Next Step in Redevelopment Plan 13 WMAZ News \| Mar. 29 \| Redevelopment \| Special Assessment Districts \| Tax Increment Finance (TIF) How Do TADs Help Blighted Areas? The Ledger-Enquirer \| Mar. 28 \| Bond Finance \| Redevelopment \| Special Assessment Districts \| Tax Increment Finance (TIF) Brunswick, GA Officials Consider Land Bank for Redevelopment The Brunswick News \| Mar. 23 \| Local Finance Program \| Redevelopment To TIF or Not to TIF WYPR \| Mar. 16 \| CDFA Original Research \| Incentives \| Local Finance Program \| Tax Increment Finance (TIF) USDA Awards Loans to Boost Rural Economic Development USDA Blog \| Feb. 25 \| Economic Development \| Revolving Loan Funds (RLFs) \| Rural Development \| U.S. Dept. of Agriculture (USDA) >>> SEARCH HEADLINES
Sponsors
Venue Sponsor Conference Premium Sponsor Conference Supporting Sponsor For information about sponsoring the CDFA Georgia Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
Job Postings
Hiring: Business Retention & Expansion Coordinator - Invest Atlanta Hiring: Business Attraction Coordinator - Invest Atlanta
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.