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CDFA Illinois Financing Roundtable Newsletter - April 2014

CDFA Illinois Financing Roundtable Newsletter - April 2014
April 16, 2014
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CDFA Illinois Financing Roundtable Newsletter

Feature

Ice Miller and Shanahan & Shanahan to Speak on Infrastructure Finance
Building out necessary infrastructure in today's development climate can often be a challenge. During this session of the CDFA Illinois Financing Roundtable, Jimmy Shanahan and Jim Snyder will examine case studies in the development of infrastructure.

TIF Incentive Program Drives Downtown Springfield Business
Springfield is bringing new attention to a Lease Payment Assistance Program that can help new businesses located within TIF districts afforded their leases.

Bond Ratings Pave the Way for $8.6B IL Transportation Plan
Governor Pat Quinn proposed a six-year, $8.6B plan to improve the state's infrastructure. The plan will improve roads, bridges and airports, and includes $1.9B for public transportation.

Illinois Direct Financial Incentives Available for 2014
Area Development reports this partial listing of economic development, access to capital, and tax credit programs available in Illinois for 2014.

Vision 2030: Rural Development About Maximizing Assets
A recent report from Northern Illinois University focuses on the importance of regionalism for small-town governments in the state. Collaboration on economic development is critical to promote growth, while competition may lead to regional decline.

Upcoming Events

2014 CDFA Illinois Financing Roundtable Conference
May 7, 2014 - Chicago, Illinois
Join the CDFA Illinois Financing Roundtable for a one-day conference on "Leveraging Assets, Maximizing Resources and Building the Illinois Economy." This event will feature a number of economic development finance experts from around the state discussing new development finance tools, authorities, resources and approaches, and how these can affect the Illinois economy going forward.

Illinois News

Two New Downs Businesses Will Have TIF Funding from Village
Le Roy Farmer City Press | Apr. 15 | Local Finance Program | Rural Development | Tax Increment Finance (TIF)

Fitch: Hospital Sisters Services (IL) Revs at ‘AA-/ F1+'; Stable
learnatchina.com | Apr. 8 | Bond Finance

Moody's Upgrades $170M Sherman Health Systems to Baa1; Outlook Stable
Moody's | Apr. 7 | Bond Finance

Report: TIFs Play A Role In Chicago's Pension Crisis
Chicago Sun-Times | Apr. 7 | Local Finance Program | Tax Increment Finance (TIF)

Editorial: When Budget Cuts Are Job and Revenue Killers
Dispatch and The Rock Island Argus | Apr. 7 | Economic Development | Redevelopment | State Finance Program | Tax Credits

Illinois' Slow Foreclosure Pace Traps Neighborhoods in Blight
Chicago Tribune | Apr. 7 | Community Development | Local Finance Program | Redevelopment | State Finance Program

DCEO Helps Bring LanzaTech Global HQ in IL
Cogeneration & On-Site Power Production | Apr. 4 | Innovation Finance | State Finance Program | Tax Credits

Treasury Dept. to Help IL Demolish Vacant, Blighted Homes
Chicago Tribune | Apr. 4 | Community Development | Redevelopment | Urban Development | U.S. Dept. of Treasury

Illinois Moving on Climate Ready Water Infrastructure
Natural Resources Defense Council | Apr. 4 | Access to Capital | Infrastructure Finance | Legislative | Revolving Loan Funds (RLFs) | State Finance Program

Chicago Prepping Up To $1B of Revenue Borrowing
The Bond Buyer | Apr. 4 | Access to Capital | Bond Finance | Infrastructure Finance | Local Finance Program

Governor Quinn Announces $4.2M for Road, Railroad Project
News-Democrat | Apr. 4 | Access to Capital | Infrastructure Finance | State Finance Program

Coalition Proposes New Gas Tax to Fund Infrastructure
WICS Newschannel 20 | Apr. 2 | Access to Capital | Infrastructure Finance | Legislative | State Finance Program

Senior Housing Finance Activity Updates
Senior Housing News | Apr. 1 | Access to Capital | Bond Finance | Community Development | Member News | Redevelopment | Tax Credits

Illinois Gov. Wants Temporary Tax Hike to Be Permanent
The Bond Buyer | Mar. 28 | Bond Finance | Infrastructure Finance | Legislative | State Finance Program

IL Wants Gigabit Squared to Return $2M Grant
Chicago Sun-Times | Mar. 28 | Access to Capital | Infrastructure Finance | State Finance Program

Village Supports Facade Improvements Through TIF District
Daily Herald | Mar. 27 | Local Finance Program | Redevelopment | Tax Increment Finance (TIF)

Hotel Project First for TIF 7 Development in Rosemont
The Journal & Topics | Mar. 27 | Local Finance Program | Redevelopment | Tax Increment Finance (TIF)


New Additions to the Online Resource Database

Energy Solutions Workshop - Financing Options for Illinois Businesses and Institutions
Access to Capital | Bond Finance | Energy Finance | Green Finance | Member News | State Finance Program
Illinois Finance Authority emphasizes the use of loans and bonds to provide the lowest cost of capital possible to public, private, and nonprofit borrowers for energy efficiency improvements.

New Ideas for Financing Game-Changing Infrastructure
Bond Finance | Infrastructure Finance | Public-Private Partnership (P3) Financing | Tax Increment Finance (TIF)
Stephen Friedman presents new financing ideas and creative solutions for making impactful infrastructure enhancements. Friedman provides case studies, market overviews, trends, contemporary projects and more.


Sponsors

Venue Sponsor

Seyfarth Shaw LLP

Annual Roundtable Sponsor

Bryan Cave LLP Ehlers & Associates First American Bank Ice Miller LLP Illinois Finance Authority KeyBanc Capital Markets MB Financial Bank, NA Peckham Guyton Albers & Viets, Inc. S.B. Friedman & Company Shanahan & Shanahan LLP

Conference Supporting Sponsor

Illinois Tax Increment Association Jacob & Klein Ltd.

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

New Members

Ehlers, Inc. - Lisle, IL


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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