Tax Increment Financing: Tweaking TIF for the 21st Century
This informative Urban Land Institute (ULI) piece, featuring CDFA President & CEO Toby Rittner and several CDFA members, explores the transformative use of tax increment finance across the country and the reemergence of this tool as key development driver post-recession. Overviews of Chicago, Atlanta and the California story demonstrate the evolving and comprehensive ability of TIF to drive economic development and community transformation.
Treasury Announces $3.5B in NMTC Awards
This Award Book provides an overview of the CDEs awarded in the 2013 round of New Markets Tax Credits from the CDFI Fund, including from New York and New Jersey: Chase New Markets Corp, Civic Builders, GS New Markets Fund, Local Initiatives Support Corp, Morgan Stanley New Markets, New Jersey Redevelopment Authority, and Primary Care Development Corp.
CDFA Announces Scholarship Program
Interested in attending an upcoming CDFA event? Check out our new CDFA Scholarship Program to see if you qualify for assistance in attending State Roundtables, the National Development Finance Summit, or CDFA Training Institute courses.
New Jersey Financial Ratings on CreditWatch
Standard & Poor's Rating Services has placed its ratings on NJ's general obligation (GO), appropriation-backed, and moral obligation debt on CreditWatch with negative implications, meaning that the state's financial situation may be deteriorating.
START-UP NY Starts Up – 12 Projects, $50M Investment, 400 Jobs
Economic Development HQ reports on the first wave of projects under the umbrella of the state's ambitious START-UP NY program, in which fledgling businesses can set up shop near universities and avoid state/local taxes of any kind.
Catskill Mountainkeeper Leverages RSF Seed Fund
RSF Social Finance highlights one of their Seed Fund grantees to demonstrate its far-reaching impact. Funds were put into a capital access loan program for new farmers and veteran-owned businesses.
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