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CDFA Michigan Financing Roundtable Newsletter - December 2014

CDFA Michigan Financing Roundtable Newsletter - December 2014
December 10, 2014
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CDFA Michigan Financing Roundtable Newsletter

Feature

Michigan Direct Financial Incentives 2014
Area Development describes Michigan's economic development, finance and tax organizations that provide a range of incentive programs to initiate new business and commercial investment.

Auto Supplier Opens North American HQ in Madison Heights, MI
STEC USA, an auto supplier, is opening its North American HQ in Madison Heights, Michigan. The company is expected to create about 176 jobs and bring $15.1M in investment to the city.

Environmental Firm Wins $400K Brownfield Project
Lansing-based PM Environmental has been named the primary contractor on a $400,000 project by the Grand Rapids Brownfield Redevelopment Authority. The project will support efforts to redevelop brownfield sites to increase tax revenue.

Attorney: Detroit Eyes Bankruptcy Exit in Second Week of December
According to Reuters, Detroit has a debt adjustment plan to take effect between December 8 and 10, allowing the city to exit bankruptcy.

Upcoming Events

Fundamentals of Economic Development Finance WebCourse
January 28-29, 2015
The Fundamentals of Economic Development Finance Course is the foundation for all of CDFA's educational offerings. This course will help you understand the variety of development finance tools available, from bonds, tax credits and TIF, to federal financing programs, RLFs, and access to capital lending resources.

CDFA Spotlight

Download the CDFA App for iOS and Android Today!
Stay up-to-date with the Council of Development Finance Agencies anytime, anywhere. Now you can access development finance headlines, resources, events, and more right at your fingertips. With the CDFA app, CDFA will always be with you as a resource whether traveling and needing the news or with a client and needing a resource. Download today for iPhone/iOS and GooglePlay/Android.

Michigan News

SIFMA Seeks Legis. "Fix" to MA Rule, Easing Burdens on Underwriters
The Bond Buyer | Dec. 8 | Bond Finance | Legislative | U.S. Securities and Exchange Commission (SEC) | Federal

MPSC First State Energy Agency to Utilize PACE Financing
LARA | Dec. 7 | Economic Development | Energy Finance

Northville, MI Amends Plan for Brownfield Property
HometownLife | Dec. 7 | Access to Capital | Brownfield Financing | Redevelopment | Tax Increment Finance (TIF)

Holland, MI City Council Approves Brownfield Reimbursement
Holland Sentinel | Dec. 7 | Access to Capital | Brownfield Financing | Economic Development | Redevelopment

SIFMA Survey: Total Muni Issuance to Edge up 2.7% to $357.5B
The Bond Buyer | Dec. 4 | Bond Finance | Local Finance Program | State Finance Program

World Bank Releases CDFA-Produced Brownfields Finance Report
CDFA | Dec. 4 | Brownfield Financing | CDFA Original Research | Community Development | Member News | International

GASB Disclosure Guidelines for State and Local Tax Abatements
Smart Incentives | Dec. 3 | Local Finance Program | State Finance Program | Tax Credits | Federal | Tax Abatements

CDFA Joins ACTION in Letter to Congress Supporting Housing Tax Credits
ACTION | Dec. 2 | Legislative | Tax Credits

Small Business Administration Extends Disaster Loan Applications
Farmington Voice | Dec. 1 | Access to Capital | Disaster Recovery & Relief | U.S. Small Business Administration (SBA)

Direct Loans Are Replacing Muni Bonds
GOVERNING | Nov. 26 | Bond Finance

CDFA & UK-Based IED Launches New Transatlantic Exchange
CDFA | Nov. 20 | CDFA Original Research | Member News | International


Sponsors

Annual Roundtable Sponsor

Detroit Economic Growth Corporation Stifel Nicolaus

Conference Premium Sponsor

Foster, Swift, Collins & Smith P.C. Michigan Saves

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

New Members

Michigan Economic Development Corporation - Lansing, MI


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 2200
Columbus, OH 43215
(614) 224-1300
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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