CDFA Michigan Financing Roundtable Newsletter - October 2014
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| Feature |
On Cost, Financing of Wings Arena: Here Are Answers
This article from Crain's covers the details of the financing plans for the new Detroit Red Wings arena. Part of the funds will come from the issuance of bonds backed by property taxes already captured by the Downtown Development Authority TIF district.
Support Often Overlooks Small Businesses in Rural Communities
Financing is one of the many challenges small businesses face. This can especially be true for rural small businesses. The Wayne Post brings attention to the struggles these Main Street businesses face with getting finance support.
MI Grant Program Offers Financing for Historic Rehabilitation
The Michigan State Housing Development Authority's State Historic Preservation Office (SHPO) and Michigan Economic Development Corporation (MEDC), announced the availability of $600K in financing for historic rehabilitation projects.
CDFA Announces Winners of Michigan Financing Roundtable Excellence Award
CDFA is proud to announce the winners of the 2014 Michigan Financing Roundtable Excellence Awards and recognize outstanding development finance programs, agencies, leaders, projects and success stories. Award winners were recognized at the conference on October 1 in Detroit.
SSBCI 2013 Annual Report
This report from the U.S. Treasury summarizes the states' Annual Reports and gives state-by-state data showing how SSBCI programs operating in all 50 states, the District of Columbia, and five territories have expended their allocated funds in 2013.
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Upcoming Events |
2014 National Development Finance Summit
November 18-21, 2014 - Scottsdale, AZ
Hosted by the generous support of the Scottsdale IDA, this year's National Summit will be an amazing, can't-miss event with an in-depth look at development finance in the United States. Designed to educate both novices and seasoned development finance professionals alike, the 2014 National Development Finance Summit will touch on over 25 different financing concepts, tools, programs, strategies, and solutions to the challenges facing our country.
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Michigan News |
SEC, MSRB to Hold Compliance Program for Muni Advisors
MSRB | Oct. 6 | Bond Finance | U.S. Securities and Exchange Commission (SEC) | Federal | Municipal Securities Rulemaking Board (MSRB)
Continuing to Celebrate 20 Years of the CDFI Fund
CDFI Fund | Oct. 1 | Access to Capital | Community Development | U.S. Dept. of Treasury | U.S. Dept. of Treasury CDFI Fund | Federal
State Panel Approves Bond Deals for Detroit Bankruptcy
Detroit Free Press | Sep. 29 | Bond Finance | Community Development | Local Finance Program
New Federal Rule Excludes Munis from Banks' Liquid Assets
GOVERNING | Sep. 29 | Bond Finance | Legislative | Federal
EB-5 Program Raises SEC Broker Registration Issues
Carlton Fields Jorden Burt | Sep. 28 | EB-5 Visa | U.S. Securities and Exchange Commission (SEC)
SEC Enforcement Round-Up: 2014 to Date
Ballard Spahr | Sep. 25 | Bond Finance | U.S. Securities and Exchange Commission (SEC) | Federal | Municipal Securities Rulemaking Board (MSRB)
A Green Building Culture Is Emerging in Detroit
Model D | Sep. 23 | Energy Finance | Green Finance | Member News
Detroit Breaks Ground on Unprecedented Public Transit System
Multi-Housing News | Sep. 22 | Access to Capital | Economic Development | Infrastructure Finance | Local Finance Program | Tax Credits | U.S. Dept. of Transportation (DOT)
Congress Gives Ex-Im Bank an Extension
Forbes | Sep. 22 | Access to Capital | Legislative | Export Import Bank of the United States (Ex-Im Bank) | Federal
New Grant Program for Financing Historic Rehabilitation Projects in MI
PR Newswire | Sep. 22 | Access to Capital | Redevelopment
Obama Launches Second Promise Zone Competition
The White House | Sep. 19 | Economic Development | Rural Development | Urban Development | Federal
Building Blocks for Incentives Cost-Benefit Analysis
Smart Incentives | Sep. 18 | Community Development | Economic Development | Local Finance Program
Revitalize American Manufacturing & Innovation Act Passes House
Manufacturing.net | Sep. 17 | Legislative | NIST Manufacturing Extension Partnership (MEP) | Federal
Social Impact Bonds are Going Mainstream
Forbes | Sep. 16 | Bond Finance | Federal
Flint, MI Spends $2.6M to Demolish Historic Homes
M Live | Sep. 11 | Urban Development | Redevelopment | Federal
Moody's Predicts Huge Potential for P3s
GOVERNING | Sep. 11 | Infrastructure Finance | Public-Private Partnership (P3) Financing
Brownfields 2015 Conference Call for Ideas -- Submit by Nov. 3
ICMA | Sep. 9 | Brownfield Financing | Member News | U.S. Environmental Protection Agency (EPA) | Federal
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New Additions to the Online Resource Database |
Summary of Current State Crowdfunding Regulations
Crowdfunding | State Finance Program
Morrison & Foerster LLP put together this summary of the current state crowdfunding regulations (as of September 2014). A link to the statutes or regulation for each state is included.
SBA Participating Microloan Intermediaries
Access to Capital | U.S. Small Business Administration (SBA)
The U.S. Small Business Administartion's list of Participating Microloan Intermediary Lenders provides contact information for each lender.
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Sponsors |
Annual Roundtable Sponsor
Conference Premium Sponsor
For information about sponsoring the CDFA Michigan Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
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New Members |
Detroit-Wayne Joint Building Authority - Detroit, MI
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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.
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Council of Development Finance Agencies
100 E. Broad Street, Suite 2200
Columbus, OH 43215
(614) 224-1300
info@cdfa.net
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