CDFA Illinois Financing Roundtable Newsletter - May 2015

CDFA Illinois Financing Roundtable Newsletter - May 2015
May 13, 2015



Feature
Municipal Advisors & "Bank Purchase" Bonds: What's All the Commotion About? Katten summarizes the relevant legal tests and briefly describes their implications for stakeholders of a typical private placements of municipal debt. Elgin, Aurora Officials Lobby for Historic Tax Credits in IL According to the Elgin Courier-News, local officials say the River Edge Redevelopment Zone Historic Tax Credit, which is set to expire Jan. 1, 2017, is essential for making redevelopment happen in Illinois river towns. Gov. Rauner Names Rockford Banker to Lead IFA Gov. Rauner has named Rob Funderburg to chair the Illinois Finance Authority. Funderburg is chairman of Alpine Bank & Trust and Alpine Bancorporation in Rockford and is also president and treasurer of Funderburg Farms and K-B Farms. Industrial Revenue Bonds: The Untapped Financing Source to Rebound IL Manufacturing MB Financial published this article explaining how Industrial Revenue Bonds (IRBs), also known as Industrial Development Bonds, can be an effective economic development tool. CDFA Announces Winners of CDFA Illinois Financing Roundtable Excellence Awards CDFA is proud to announce the winners of the 2015 Illinois Financing Roundtable Excellence Awards. The winners include Illinois Historic Preservation Agency, Institute of Cultural Affairs, Chicago Infrastructure Trust, and Tom Henderson (Executive Director & COO of the Illinois Tax Increment Association).
Upcoming Events
Intro Energy Finance Course May 27-28, 2015 CDFA's Intro Energy Finance Course explores the wide range of tools available for financing energy projects, including bonds, tax credits, revolving loan funds, grant programs, and more. This course will cover how new energy production/generation, energy efficiency, retrofitting and support programs are used throughout the country to encourage investment in large and small projects alike.
Illinois News
April 2015 State Tax Credit and Incentive Update The National Law Review \| May. 8 \| State Finance Program \| Tax Credits CDFA Brownfields Financing Webinar: Financing Disaster Recovery CDFA \| May. 5 \| Access to Capital \| Brownfield Financing \| Disaster Recovery & Relief $1B Invested in Rural Health Care Across 13 States USDA blog \| May. 5 \| Community Development \| Economic Development \| Rural Development \| U.S. Dept. of Agriculture (USDA) Great Lakes Angel Investors Wisconsin State Journal \| May. 4 \| Innovation Finance Batavia Board Hesitant About Funding Library Projects With TIF Dollars Chicago Tribune \| May. 4 \| Redevelopment \| Tax Increment Finance (TIF) Leveraging Brownfields Transformation: 5 Proven Finance Tools for Revitalization Results ICMA \| May. 1 \| Access to Capital \| Brownfield Financing \| CDFA Original Research \| Development Finance Toolbox \| Economic Development \| Redevelopment \| Tax Increment Finance (TIF) High Hurdles Remain for US P3s The Bond Buyer \| Apr. 28 \| Federal \| Infrastructure Finance \| Legislative \| Public-Private Partnership (P3) Financing Group Wants to Save Tax Credits for Historic Buildings The Beacon-News \| Apr. 27 \| Tax Credits Enterprise Zone to Bring Economic Development to Canton, IL Daily Ledger \| Apr. 27 \| Community Development \| State Finance Program Rockford, IL's Ziock Hotel Project a Go–Even without Amtrak Rockford Advocate \| Apr. 27 \| EB-5 Visa \| Redevelopment \| Tax Credits Bill Would Privatize Illinois Economic Development Agency The Washington Times \| Apr. 23 \| Economic Development \| Legislative IL Preservation Group Fights for Tax Credit for Historic Buildings Aurora Beacon-News \| Apr. 23 \| Legislative \| Redevelopment \| State Finance Program \| Tax Credits Time to Make the New Markets Tax Credit Permanent The Hill \| Apr. 20 \| Legislative \| Tax Credits \| U.S. Dept. of Treasury CDFI Fund \| Federal CDFA Submits Tax Reform Recommendations to Senate Finance Committee CDFA \| Apr. 16 \| Bond Finance \| Energy Finance \| Legislative Congressional Members Urge Leaders to Protect Muni Exemption The Bond Buyer \| Apr. 16 \| Bond Finance \| Legislative Review Board Supports TIF Plan for Shrine Project BND.com \| Apr. 13 \| Access to Capital \| Economic Development \| Tax Increment Finance (TIF) Village of Downs Board OKs Development Agreement Leroy Farmer City Press \| Apr. 13 \| Access to Capital \| Rural Development \| Tax Increment Finance (TIF) >>> SEARCH HEADLINES
Sponsors
Venue Sponsor Annual Roundtable Sponsor Conference Premium Sponsor Conference Supporting Sponsor For information about sponsoring the CDFA Illinois 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.