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CDFA Pennsylvania Financing Roundtable Newsletter - July 2014

CDFA Pennsylvania Financing Roundtable Newsletter - July 2014
July 9, 2014
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CDFA Pennsylvania Financing Roundtable Newsletter

Feature

Community Building in Rural America - Fixing Pennsylvania's Bridges
The USDA Rural Development Community Facilities Programs released this letter offering loans and grants for the expedited repair or replacement of any of Pennsylvania's 1,000 bridges deemed structurally deficient that are in rural areas.

CDFA Awarded EPA Brownfields Training, Research, and Technical Assistance Grant
The U.S. Environmental Protection Agency (EPA) has awarded CDFA with a $997,572 Brownfields Training, Research, and Technical Assistance Grant. CDFA is one of only four organizations in the nation to receive funding through this opportunity. CDFA's cutting edge program will leverage the Council's vast network to build public-private financing partnerships for brownfield projects and programs nationwide.

Gloucester Co., PA Starts Small Business Revolving Loan Program
This article from the Inquirer covers a new RLF program in Gloucester County that will help small and fledgling businesses secure microloans ranging from $1-35K and sporting a 4-5% interest rate.

Kutak Rock Public Finance Client Alert - SEC MCDC Initiative
Kutak Rock LLP provides information on the SEC MCDC Initiative including when and what must be self-reported, who can self-report, and considerations for issuers and underwriters.

NIZ vs. CRIZ: How They Differ
LancasterOnline provides an overview of the Improvement Zones in Lancaster and Allentown, how they are each structured to allocate tax revenues, and the impact being made in their respective communities.

Upcoming Events

CDFA Summer School
August 11-15 - Washington, DC
Join CDFA next month for Summer School, pick and choose your courses from a week-long series of training featuring the Fundamentals, Intro RLF, Intro EB-5, Intro Tax Credits, and the new Intro Brownfields Finance Course. Register today to secure your place. Only a few seats remain.

Pennsylvania News

LVEDC Loans to Boost Jobs in Northampton County
Lehigh Valley Business | Jul. 7 | Access to Capital | Local Finance Program | U.S. Small Business Administration (SBA)

York Foregoes CRIZ, Lawmaker Views as Setback
York Dispatch | Jul. 7 | Tax Increment Finance (TIF) | Local Finance Program | Economic Development

Micro-Grants for Community Improvement Projects in NW Philly
NewsWork | Jul. 1 | Access to Capital | Community Development | Local Finance Program | Tax Increment Finance (TIF)

Lancaster, Allentown: Tale of Two Improvement Zones
Construction Equipment Guide | Jun. 30 | Economic Development | Infrastructure Finance | Local Finance Program | State Finance Program | Tax Increment Finance (TIF)

DRPA Still Has Committed Money for Development
Philly.org | Jun. 30 | Economic Development | Infrastructure Finance | Local Finance Program | Redevelopment

Millions in Tax Credits Will Build New PA Homes
WESA | Jun. 26 | Community Development | Tax Credits | State Finance Program

PA House Votes to Suspend Tax Credit Programs
NorthCentralPa.com | Jun. 26 | Legislative | Tax Credits | State Finance Program

500+ EB-5 Investors Repaid in CanAm's 22nd Project
Digital Journal | Jun. 18 | Access to Capital | EB-5 Visa

Wash West Puts Lid on NID Bid
PlanPhilly | Jun. 18 | Economic Development | Local Finance Program

Gov. Corbett Grants Funding, Tax Credits for Affordable Housing
Digital Journal | Jun. 16 | Community Development | State Finance Program | Tax Credits


New Additions to the Online Resource Database

Blueprint Communities Application
Community Development | Redevelopment
Blueprint Communities is an initiative from FHLBank Pittsburgh in which participating communities receive technical training, matching grants and other funding opportunities for revitalization strategies.

Creating Clean Water Cash Flows: Developing Private Markets for Green Stormwater Infrastructure in Philadelphia
Green Finance | Infrastructure Finance | Local Finance Program | Public-Private Partnership (P3) Financing
NatLab provides approaches cities can take to attain their clean water goals by leveraging private capital for green infrastructure investment. Some tools include P3s, Tax Incentives, and Community Development Financial Institutions.

Local Initiatives to Redevelop Brownfields
Access to Capital | Brownfield Financing | Local Finance Program | Redevelopment | Revolving Loan Funds (RLFs) | Tax Increment Finance (TIF)
The Northeast Midwest Institute surveys innovative local initiatives to help revitalize brownfields. This presentation provides case studies from across the country and an array of financing strategies.


Sponsors

Venue Sponsor

Greater Pittsburgh Chamber of Commerce

Annual Roundtable Sponsor

Ballard Spahr LLP

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.

New Members

Carnegie Mellon University - Pittsburgh, PA


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 President's Club

  • BNY
  • Bricker Graydon Wyatt LLP
  • CohnReznick
  • Colorado Housing and Finance Authority
  • FBT Gibbons
  • 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.
  • PGAV Planners, LLC
  • RDF
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
Become a CDFA President's Club Member