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CDFA Kentucky Financing Roundtable Newsletter - October 2016

CDFA Kentucky Financing Roundtable Newsletter - October 2016
October 12, 2016
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CDFA Kentucky Financing Roundtable Newsletter

Feature

Tax Incentives Support Kentucky Fresh Harvest Greenhouses
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) preliminarily approved the company for tax incentives up to $1.5 million over 15 years through the Kentucky Business Investment program.

$5M KY Grant for Industrial Development on Brownfield
The money would fund a 50,000-square-foot spec building in what officials envision will become the Marion Branch Industrial Park, to be built on about 400 acres of reclaimed mine land in Pikeville.

Eastern KY to Benefit From USDA Rural Relending Program
Agriculture Secretary Tom Vilsack unveiled an innovative partnership with community development organizations from across the country, providing $401 million of Community Facilities program funds to help reduce poverty in some of the nation's poorest communities.

KY's P3 Legislation Is Ahead of Schedule
The P3 legislation allows for the award of P3 contracts through "competitive negotiations" rather than through the typical sealed bidding process. The statute also provides that a "person or business may submit an unsolicited proposal to a governmental body."

Grow Appalachia to Leverage Nearly $1M for Ag and Food Systems
As a program of Berea College, Grow Appalachia will work with partners throughout the southeastern Kentucky region to strengthen year-round growing efforts, agricultural economic development, and local food networks.

$1M US HUD Grant for Revitalize Louisville Neighborhood
HUD awarded a $1 million grant to Metro's Housing Authority specifically for the Russell neighborhood. The types of projects eligible for funding include fresh food initiatives and gap financing for economic development projects.

Upcoming Events

CDFA's 30th National Development Finance Summit
November 2-4, 2016 - New Orleans, LA
Join CDFA in New Orleans, Louisiana for the 2016 National Development Finance Summit! Hosted by the Louisiana Public Facilities Authority (LPFA), the CDFA National Summit brings together the leaders and dealmakers in the development finance industry to discuss best practices, trends, and project financing solutions.

Kentucky News

Safran's $100M KY Investment Draws $2.5M Incentive
The River City News | Oct. 6 | Economic Development | Incentives

Indianapolis Developer Makes Speculative Investment in Northern KY
Louisville Business First | Oct. 6 | Economic Development

Downtown Hotel Developer Seeks TIF Deal with City of Louisville
American City Business Journals | Oct. 5 | Tax Increment Finance (TIF)

KY Agricultural Development Board Approves $1.8M in Funding
The Lane Report | Oct. 4 | Agriculture Finance | Rural Development

KY Tax Credits Attract New Jobs and $100M Investment
surfky News | Oct. 4 | Economic Development | Tax Credits

Lexington Center Might Sell Naming Rights But Not for Rupp Arena
The Bond Buyer | Sep. 29 | Bond Finance

$16M Wurtland Plant Expansion to Create 65 KY Jobs
The Daily Independent | Sep. 19 | Economic Development | Tax Credits


Sponsors

Conference Supporting Sponsor

Community Trust Bank

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

New Members

Statewide Ambulette Service - Crestview Hills, KY


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 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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CDFA National Sponsors

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  • Z. The Bond Buyer
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