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CDFA Pennsylvania Financing Roundtable Newsletter - February 2014

CDFA Pennsylvania Financing Roundtable Newsletter - February 2014
February 12, 2014
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CDFA Pennsylvania Financing Roundtable Newsletter

Feature

PA Gov. Tom Corbett's 2014 State of the State Speech
Read the full text and highlights of Governor Tom Corbett's 2014 State of the State speech. In his address, Gov. Corbett called for advancing economic growth through investments in energy, transportation, reform, and education.

A Presidential 'Promise' to Improve West Philadelphia
Community activists and leaders share hope that President Barack Obama's Promise Zone designation for Mantua, West Philadelphia will be the engine that restores Mantua to its former glory.

202 Tech Startups Reap Keystone Innovation Zone Tax Credits
Pennsylvania Department of Community and Economic Development's Keystone Innovation Zone tax credit program awarded more than $15M to Pennsylvania firms ranging from app developers to robotics manufacturers.

Neighborhood Groups Wary of Pitt Land-Bank Bill
A land-bank bill that would change the way tens of thousands of parcels across the city could be redeveloped is drawing criticism from community groups, who argue the legislation doesn't do enough to include community participation.

County Approves Bonds to Finance Rehab Center Renovation
Cumberland County Commissioners approved $2.1M in bond financing for planned renovations at the Claremont Nursing Home and Rehabilitation Center. The ability to shift the burden of cost off the taxpayers was the largest factor in the decision.

CDFA Short Courses: PACE, Commercial Real Estate Finance, Financing Manufacturers, and Crowdfunding
March 6-7, 2014
Join CDFA in Washington, DC as we advance development finance knowledge, networks and innovation through four unique Short Courses focused on cutting-edge and trending development finance topics. Learn more about each of the Short Courses, including programming, speakers, dates and times at cdfa.net

Upcoming Events

2014 CDFA Pennsylvania Roundtable Conference
June 12, 2014 - Pittsburgh, Pennsylvania
Join the CDFA Pennsylvania Financing Roundtable for a one-day conference focused on "Catalyzing New Opportunities and Innovation in Development Finance." This event will feature a number of economic development finance experts from around the state discussing new development finance tools, authorities, resources and approaches, and how these methods can affect the Pennsylvania economy going forward.

Pennsylvania News

Impact Study: County Tourism Efforts Generate Millions in Revenue
Centre Daily Times | Feb. 12 | Economic Development | Member News | State Finance Program

Community & Economic Development Sees Small Dip in Funding
The Patriot-News | Feb. 12 | Community Development | Economic Development | State Finance Program

Community Re-Invest Projects Receive Funding from County Program
WBRE | Feb. 12 | Access to Capital | Local Finance Program

Study Finds Dramatic Economic Impact of EB-5 Program
Machinery and Equipment Magazine | Feb. 12 | Access to Capital | EB-5 Visa | International | Federal | U.S. Citizenship and Immigration Services (USCIS)

PIDC Reports Highest Single Year's Growth at the Navy Yard
PIDC | Feb. 10 | Member News | Redevelopment

Solar Gardens Offer Net Metering For Anyone - In Some States
Governing | Feb. 6 | Energy Finance | Green Finance

Opinion: TIF Spurs Economic Development, Benefits Region
The Morning Call | Feb. 5 | Tax Increment Finance (TIF)

Muni Credit: Out-of-State Bond Issuance Challenges
Bloomberg | Feb. 5 | Bond Finance | CDFA Original Research | Member News

CRIZ: State Senators Propose 13 Additional Designations
Norris McLaughlin & Marcus | Feb. 2 | Economic Development | Infrastructure Finance | Legislative | Redevelopment | State Finance Program | Tax Increment Finance (TIF)

Opinion: Pursue Economic Development Under Policies, Not Deals
The Morning Call | Feb. 1 | Economic Development | Tax Increment Finance (TIF)

State Economic Development Subsidy Disclosures Ranked
Governing | Jan. 30 | Economic Development | State Finance Program

Lancaster Begins Making CRIZ Promise a Reality
Lancaster Online | Jan. 30 | Economic Development | Tax Increment Finance (TIF)


New Additions to the Online Resource Database

Urban Redevelopment Authority - Center for Innovation and Entrepreneurship
Access to Capital | Innovation Finance | Local Finance Program | Revolving Loan Funds (RLFs)
Tom Link with the Urban Redevelopment Authority of Pittsburgh shares how the URA has catalyzed job growth, real estate development and financed entrepreneurs with their revolving loan fund programs.


Sponsors

Venue Sponsor

Greater Pittsburgh Chamber of Commerce

Conference Supporting Sponsor

Altoona-Blair County Development Corporation

For information about sponsoring the CDFA Pennsylvania 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.


Council of Development Finance Agencies
85 E. Gay Street, Suite 700
Columbus, OH 43215
(614) 224-1300
info@cdfa.net

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