CDFA is proud to announce the new CDFA.net website. A year in the making, this new site provides all of CDFA's vast resources with better style, navigation and resources. New additions to the website include state focus pages. Check out events, news, and resources available in Virginia and all that we have to offer today.

Governor Terry McAuliffe today announced that TemperPack, a manufacturer of sustainable packaging technology for perishable goods, will invest $2 million to expand its headquarters and manufacturing operation in the City of Richmond, creating 23 new jobs. 

Virginia state lawmakers want to impose a $5 million cap on the amount of credits any taxpayer can claim to reduce their state income tax liabilities in a given year.

Citing the "ineffectiveness" of the credit offered to coal mine owners and coal-buying power companies, McAuliffe vetoed the bill by Del. Terry Kilgore, R-Scott, that would have reinstated up to $7.3 million in tax credits.

The U.S. Department of Energy selected Virginia as the recipient of a $500,000 grant to support commercial Property Assessed Clean Energy (PACE) programs in communities across the state.

The General Assembly of Virginia has enacted the motion picture production tax credit bill (HB1665), extending the sunset date to Jan. 1, 2022. The tax credit had been set to expire in 22 months.

Governor Terry McAuliffe today announced approximately $700,000 in Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund (VBAF) Site Remediation Grants for three localities in the Commonwealth.

CDFA is proud to release its 2017 Policy Agenda. Our agenda outlines numerous recommendations to some of the nation's most difficult development finance issues, and we hope that Congress and the Administration will use our recommendations as a roadmap to improvements in these areas. To read The Bond Buyer's overview, click here.

Rappaport Cos, co-developer of the troubled Ward 7 project, said Tuesday that CVS has signed a lease for 10,000 square feet in the18-acre town center. Rappaport also said it has closed on $58.5 million in EB-5 foreign investment.

Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss Private Activity Bonds and how they can be used to compliment the redevelopment and cleanup of your brownfield project.

This course will consider how incentives are being used in today's economic environment and outline steps that are being taken to reduce risk and achieve better outcomes. In particular, this course will address the characteristics of well-designed incentive programs and processes to ensure meaningful impact, value, and accountability.

February 23, 2017 - 12:00 - 5:00 PM Eastern CDFA is excited to offer the Brownfields Project Marketplace as an opportunity for communities to receive free technical assistance related to the redevelopment and financing of brownfield projects. Join us online on February 23, to consult with financing professionals and brownfield project experts who can help identify potential resources for your brownfield project.

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