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CDFA Florida Financing Roundtable Newsletter - May 2014

CDFA Florida Financing Roundtable Newsletter - May 2014
May 28, 2014
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CDFA Florida Financing Roundtable Newsletter

Feature

Florida Focuses on Building Manufacturing Innovation and Growth
Enterprise Florida, the state's principal economic development organization, shares information on a landmark new law eliminating sales tax on manufacturing machinery and equipment.

Study Touts All Aboard Florida's Stimulus
An economic impact study conducted by the Washington Economics Group concludes that All Aboard Florida, the higher-speed rail intercity passenger service being advanced by Florida East Coast Industries, will add $3.5B in GDP to the state's economy.

City of Miami Receives EB-5 Regional Center Approval
CDFA member Greenberg Traurig represented the City of Miami to win its approval to become an EB-5 Regional Center, which will allow the city to increase its use of the immigrant investor visa program, according to PRWeb.

$201M Bond Issue Signed for PortMiami Tunnel Project
Local 10 News covers this story behind the PortMiami Tunnel, four years into construction, whose opening was contingent upon the bond closing to pay the contracting partners.

Commercial PACE Project Proves Market Demand
According to MarketWatch, the Florida Green Energy Works program has funded its first commercial deal, and it is a perfect example of how PACE allows for significant investment in energy efficiency.

Florida News

Public-Private Partnerships Legislation a Hot Topic at Conference
National Law Review | May. 27 | Infrastructure Finance | Legislative | Public-Private Partnership (P3) Financing | State Finance Program

Clay County Economic Incentive Plan Clears Hurdle
Clay Today | May. 23 | Economic Development | Local Finance Program

New Commuter Rail Gives Florida Economic Edge
Atlanta Journal-Constitution | May. 22 | Economic Development | Infrastructure Finance | Public-Private Partnership (P3) Financing | State Finance Program | Urban Development

SELF Diversifies Capitalization Sources with Secured Loan
TC Palm | May. 16 | Access to Capital | Community Development | Energy Finance | Green Finance | U.S. Dept. of Treasury CDFI Fund

Hendry County Reveals 'Mega' Economic Development
News-Press | May. 16 | Economic Development | Member News | State Finance Program | Tax Abatements

Winter Park, CRA Fund Project to Win Manatees
Florida Today | May. 13 | Economic Development | Local Finance Program | Tax Credits

St. Lucie County SELF Receives $300K CRA Loan from PNC
TC Palm | May. 13 | Access to Capital | Energy Finance | Green Finance

Emergency Loans Available for Businesses Impacted by Flood
ABC 3 WEAR | May. 13 | Access to Capital | Disaster Recovery & Relief | State Finance Program

$58M Bond Financing Arranged for Student Housing at UCF
Multi-Housing News | May. 13 | Bond Finance | Community Development | Urban Development

Tampa Walmart's Big Tax Break Approved 'By Mistake'
FOX 13 / WTVT-TV | May. 12 | Access to Capital | State Finance Program | Tax Credits | Urban Development

Loss of Film Incentives a Setback for Bay Area Economic Development
Tampa Bay Business Journal | May. 8 | State Finance Program | Tax Credits

EB-5 Funding Booms for Senior Living Development
Senior Housing News | May. 7 | Access to Capital | EB-5 Visa | U.S. Citizenship and Immigration Services (USCIS)

New EPA Loan to Clean up Brownfield Sites
NWI Times | May. 5 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA) | Federal

Congressional Members Introduce New SSBCI Bill
U.S. Senate | May. 5 | Access to Capital | Legislative

News Briefs: State Tax Credits
Novogradac & Co | May. 2 | State Finance Program | Tax Credits


New Additions to the Online Resource Database

Seven50 SE Florida Prosperity Plan
Economic Development
The Seven50 report is a regional plan encompassing 7 counties in southeast Florida and looking ahead to a 50-year timeframe. The plan assesses the region's current state and sets forth goals for 2060, including growing the economy and increasing climate and energy resilience.

SSBCI Venture Capital Program Best Practices
Access to Capital | Economic Development | Innovation Finance | Recommended Practices | State Finance Program
This guidebook from SSBCI offers best practices for State Venture Capital Programs to stimulate and support private investment over time. Included are recommendations for program design and implementation.


Sponsors

Conference Founding Sponsor

Squire Sanders Stifel Nicolaus

Conference Premium Sponsor

Enterprise Florida

Conference Supporting Sponsor

City of North Port Manatee Community Federal Credit Union

For information about sponsoring the Florida 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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CDFA National Sponsors

  • Alliant Insurance Services, Inc.
  • BNY Mellon
  • Bricker Graydon 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
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
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