CDFA Kentucky Financing Roundtable Newsletter - March 2015

CDFA Kentucky Financing Roundtable Newsletter - March 2015
March 11, 2015



Feature
Wacker Chemical Corporation's $60M Expansion in Calvert City According to SurfKY News, Kentucky has been very successful in attracting foreign direct investment. Governor Steve Beshear announced the $60 million expansion of Germany-based Wacker Chemical Corporation in Calvert City. KY Highlands Investment Corp. to Receive Funds to Increase Small Businesses Kentucky Highlands Investment Corporation has been chosen to participate in the Small Business Finance Collaborative. According to the Lane Report, the new program will help build the capacity of CDFIs and other lenders to assist small businesses and entrepreneurs across the nation. 20 Year TIF District Approved for Fort Mitchell Gateway Project A $135 million mixed use development was approved for the former Drawbridge Inn site in Fort Mitchell, KY, according to the Cincinnati Business Courier. The project received preliminary approval for a 20-year TIF district. Taking America's Largest Seed Fund on the Road The Small Business Innovation Research Tour "Seeding America's Future Innovations," will focus on advanced technology communities. The tour will make its first stop in Louisville during the week of March 23. Gateway Farmers Market Receives Funding for New Industrial Project Warren County approved a bid for construction of phase one of Gateway Farmers Market in Bowling Green, KY and approved an agreement with a company to issue up to $30 million in bonds for a new industrial project, according to Bowling Green Daily News.
Upcoming Events
2015 CDFA Kentucky Conference October 22, 2015 Join the CDFA Kentucky Financing Roundtable, in partnership with the Bluegrass International Fund (BiF), for the first annual conference on October 22, 2015 as we focus on "Advancing Development Finance in the Bluegrass State." This event will feature a number of economic development finance experts from around the commonwealth discussing development finance tools, authorities, resources and approaches, and how these can affect the Kentucky economy going forward.
CDFA Spotlight
Announcing the CDFA Scholarship Program Presented by PFM The CDFA Scholarship Program, Presented by Public Financial Management, Inc., is designed to support members and non-members who cannot afford the cost of registration fees. Scholarships are available for several different types of CDFA events, including the National Summit, CDFA Training Institute Courses, and State Roundtable Conferences. View the scholarship application to learn more about requirements and available scholarships.
Kentucky News
Kentucky House Passes P3 Enabling Bill Fort Mill Times \| Mar. 10 \| Economic Development \| Public-Private Partnership (P3) Financing KY Bill Funds Bonds for Medical Research The Bond Buyer \| Mar. 10 \| Bond Finance \| State Finance Program The Kentucky Angel Investment Tax Credit is a Hit SurfKY News \| Mar. 10 \| Access to Capital \| Innovation Finance \| State Finance Program \| Tax Credits Know a Polluted Property in Newport or Covington? Speak up Cincinnati.com \| Mar. 5 \| Access to Capital \| Brownfield Financing \| Economic Development EPA Selects 20 Communities for Brownfield Grants to Revitalize Communities U.S. EPA \| Mar. 4 \| Access to Capital \| Brownfield Financing \| U.S. Environmental Protection Agency (EPA) CDFA Announces Brownfields Project Marketplace CDFA \| Mar. 3 \| Access to Capital \| Brownfield Financing Mixed Reviews on Disclosing Tax Incentives Governing \| Feb. 27 \| Economic Development iFOS Awarded EPA Grant Monitoring and Technical Assistance 5-Year Contract PR Newswire \| Feb. 24 \| Brownfield Financing \| U.S. Environmental Protection Agency (EPA) Investing in Manufacturing Community Partnership (IMCP) Application Strategy Session CDFA \| Feb. 20 \| Federal Obama Proposes Higher Funding for Brownfields Smart Growth America \| Feb. 20 \| Access to Capital \| Brownfield Financing \| Legislative CDFA Announces Brownfields Financing Toolkit CDFA \| Feb. 19 \| Brownfield Financing \| CDFA Original Research CDFI Fund Seeks Public Comment on Program, NACA Application U.S. Treasury \| Feb. 13 \| Access to Capital \| Community Development \| U.S. Dept. of Treasury CDFI Fund IRS Announces QZAB Allocations The Bond Buyer \| Feb. 11 \| Bond Finance \| Economic Development \| Internal Revenue Service (IRS) \| Federal >>> SEARCH HEADLINES
Sponsors
Roundtable Partner For information about sponsoring the CDFA Kentucky 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.