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CDFA Kentucky Financing Roundtable Newsletter - June 2016

CDFA Kentucky Financing Roundtable Newsletter - June 2016
June 8, 2016
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CDFA Kentucky Financing Roundtable Newsletter

Feature

Louisville Passes EPAD Legislation
With the passage in late April of an ordinance in metro Louisville, Kentucky now has seven Energy Project Assessment Districts (EPAD), called PACE, or "Property Assessed Clean Energy" elsewhere in the United States.

Lexington's First Skyscraper Reopens as 21c Museum Hotel
The 21c project used a package of financing that included a city-approved $6 million federal HUD Section 108 loan; a $1 million loan, to be repaid over 10 years, from the Lexington city council; $15.7 million in state and federal historic and new markets tax credits; State Tourism Development Act sales tax refund and local/state tax increment financing; plus two conventional bank loans and equity investments from 21c and local partners.

Energy Investment Partnerships: Product Offerings & Market Assessment
Factsheet 2 of the Energy Investment Partnerships covers clean energy through bond markets, credit enhancements and capital markets, property assessed clean energy, and market assessment.

Rockefeller Announces 37 New Additions to 100 Resilient Cities
100 Resilient Cities and The Rockefeller Foundation announced the next 37 member cities to join its global network. U.S. cities include Atlanta, Honolulu, Louisville, Greater Miami, Minneapolis, Nashville, Seattle, and Washington DC.

Lexington Unveils Plan for Historic Fayette County Courthouse
The $30 million renovation plan is funded by the city of Lexington and state and federal historic preservation tax credits. About $8 million of the renovation is coming from state and federal historic preservation tax credits. Currently, $22 has been approved in the city's current year budget.

Factsheet: Kentucky Collateral Support Program (KYCP)
The Kentucky Collateral Support Program provides a pledged asset to an enrolled lender of up to 20% of their loan in order to enhance the collateral coverage of a small business borrower that is otherwise qualified but unable to meet the lender's security requirements.

Upcoming Events

CDFA Kentucky Conference
October 4, 2016 - Lexington, KY
Join the CDFA Kentucky Financing Roundtable for the second annual conference. 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.

Kentucky News

Keys to Securing Brownfield Funding Webinar - June 15
EPA | Jun. 6 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

CDFA Call for Advisors - Brownfields Project Marketplace
CDFA | Jun. 6 | Brownfield Financing

Cleaner Commonwealth Fund in KY Accepting Loan Applications
Surfky.com | Jun. 2 | Access to Capital | Brownfield Financing | State Finance Program

EPA Announces FY16 Brownfields Grant Selections
US EPA | May. 24 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Senate EPW Committee Votes to Reauthorize EPAs Brownfields Program
Smart Growth America | May. 23 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Site Selection Names Top Deals 2016
Site Selection | May. 12 | Economic Development | Incentives


Sponsors

Conference Supporting Sponsor

Community Trust Bank

For information about sponsoring the CDFA Kentucky Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.

New Members

Kentucky League of Cities - Lexington, KY


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.


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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CDFA National Sponsors

  • BNY Mellon
  • Bricker Graydon LLP
  • Bryan Cave Leighton Paisner LLP
  • Business Oregon
  • CohnReznick
  • Frost Brown Todd LLP
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
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