The DFA of Summit County will issue $8.5 million of PACE bonds to improve the energy efficiency of Akron's PNC Building.

Springfield, IL has voted to give $1.1 million more in TIF funds to a historic restoration project in the downtown. With the addition of $1.1 million and $800,000, the total TIF funds obligated to the project amounts to $3.8 million.

The financing package for the 121-unit second phase includes $6.1 million from the state Department of Housing, $8.6 million from CHFA and $4.16 million in Low-Income Housing Tax Credits. 74 units will be affordable units targeted at families with 50 percent and 60 percent of area median income.

In signing H.R. 1 (the Act) into law Dec. 22, 2017, President Donald Trump created a new tool for community development – a tool that provides tax incentives to help unlock investor capital to fund businesses in underserved communities.

Expansion and improvements to the City of Las Cruces' Joint Utility System could be made as the Las Cruces City Council will consider authorizing the issuance and sale of $22.5 million in Joint Utility Improvement Revenue Bonds.

Georgia has designated the nine communities as Rural Zones, a new program enacted by the legislature in 2017. Portions of each community are now zoned to allow for tax credits to eligible businesses that create jobs and stimulate economic activity.

In November, the mayors of Kingsport, Johnson City and Bristol, Tennessee, and the counties of Sullivan and Washington signed the Aerospace Park intergovernmental financing agreement, giving Tri-Cities Airport the go-ahead to purchase $8.5 million in revenue bonds to fund the expansion.

Members of the Austin, TX bond task force are working to identify spending recommendations for a potential bond issuance of between $325 million and $825 million. The bonds could finance a wide range of projects, from parks to public safety and transportation to affordable housing.

Two bond issues return to Pullman ballots in a special election scheduled Feb. 13. Together the would authorize the issuance of $12.9 million to fund the purchase and conversion of the Encounter Ministries campus into a new City Hall, senior center and rec center. The bonds would also refinance existing debt.

CDFA is pleased to congratulate Mike Catsi, Business Development Communications Director for the Alaska Industrial Development and Export Authority (AIDEA), as the newest graduate of the prestigious Development Finance Certified Professional (DFCP) program.

CDFA is pleased to congratulate Jeffrey San Juan, Infrastructure Development Finance Officer with the Alaska Industrial Development and Export Authority (AIDEA), as the newest graduate of the prestigious Development Finance Certified Professional (DFCP) program.

The CDFA Federal Financing Webinar Series is an exclusive, five-part online offering that will convene finance experts, federal agencies, and local practitioners to discuss the development finance programs offered by the federal government.

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