The Intro Housing Finance Course will explore how the development finance toolbox can be utilized to support a myriad of housing challenges and opportunities as well as how development finance agencies can become key partners to housing developments in their community. Presenters will delve into innovative case studies from across the U.S. looking at how investment in an effective housing financing strategy can help drive local economic development.

The Little Falls City Council unanimously approved a resolution to create a tax increment financing (TIF) district for North Freeze Dry, LLC. The new company is a joint venture of Barrett Petfood Innovations and Anchor Ingredients and will include an 87,000-square-foot manufacturing facility in northeast Little Falls. This will be required to complete construction by Dec. 31, 2022.

D.C. officials plan to pursue a $50M city-backed financing plan for a development in Ward 7, which will become home to the Department of General Services headquarters. Northeast Heights is set to include 1,350 apartments, 32K square feet of additional office beyond the DGS space, and 130K square feet of additional retail. The development team hopes to complete the new HQ by winter 2022.

After years of discussion, the State of Washington has adopted a comprehensive tax increment financing law permitting local governments to create "increment areas" and use tax increment financing to fund public improvements with the revenues used to support general obligation or revenue debt. The final bill was passed in the House with a 68-30 vote.

The Blaine City Council approved approximately $2.7M in tax increment financing May 3 for the development of an industrial campus called Blaine 35, which will consist of three buildings. The first building will go up in 2021, with the others following in 2022; in total, the Blaine 35 project is estimated to cost $35M.

The Grand Rapids City Commission adopted 12 budgets for the 2022 fiscal year recommended by various downtown and neighborhood boards. The budget approval provides reinvestment of just over $43M for community and economic development, including almost $2M in investment through six corridor improvement authorities and a neighborhood business improvement district.

Franklin Park is planning a series of road improvements to complement the ongoing planned I-490 interchange project, which will allow drivers to access O'Hare International Airport from the west. As part of this project, Franklin Park will complete reconstruction and widen Franklin Avenue starting in the winter of 2022, with completion planned for the fall of 2023.

A new Amazon operations facility with a sortation center is coming to Tulsa, The City of Tulsa announces. The new sortation center is expected to be completed later this year. It will help create hundreds of new jobs, with industry-leading pay and benefits starting on the first day on the job.

CDFA // BNY Mellon Development Finance Webcast Series: How Healthcare is Investing in Communities
Tuesday, July 20, 2021 - 2:00 PM - 3:00 PM Eastern

Intro Tax Credit Finance WebCourse
September 29-30, 2021 - Daily: 12:00 - 5:00 PM Eastern

>>> VIEW THE TIF RESOURCE CENTER