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CDFA Illinois Financing Roundtable Newsletter - April 2014

CDFA Illinois Financing Roundtable Newsletter - April 2014
April 30, 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 with Shanahan & Shanahan and Jim Snyder with Ice Miller will examine case studies in the development of infrastructure.

The Growing Manufacturing Opportunity in Illinois
During this session of the Financing Roundtable Conference, Steve Eikenberry with First American Bank and Dennis Vicchiarelli with World Business Chicago will explain the details of financing programs which are available to advance industrial development and bring manufacturing jobs back to Illinois.

The Illinois Legislative Outlook
What development finance topics are being discussed in the statehouse? Is there recent legislation that will have an impact on the economic development industry? This session will feature a panel discussion with Tom Henderson from Illinois Tax Increment Association and Toby Rittner from CDFA on the latest from Springfield.

Challenging Projects, Diverse Communities, Creative Tax Credit Solutions
Tax credits are a flexible tool which often pushes a project into viability. In this session, let Dana Lieberman with IFF and Tony Smith with SB Friedman teach you how a variety of tax credits are being used to help finance community development projects in rural, small town and urban settings.

Comparative TIF Analysis – Illinois vs. Other States
How is Tax Increment Financing being used in Illinois and elsewhere? Within this session, Maureen Barry and Sid Inman with Ehlers & Associates, John Brancaglione with PGAV and Karl Marschel with Bryan Cave will discuss their experience using these tools responsibly to catalyze public improvements that spur private investment.

The Illinois Bond Market
During this session, Matthew Lewin with Greenberg Traurig and John Sassaris with MB Financial Bank will describe the current bond market in Illinois and explore bond financing case examples which prove their effectiveness in addressing critical infrastructure needs, supporting community development initiatives, and driving business and industry investment.

State of Illinois Financing Initiatives
Illinois' state government offers a host of programs to accelerate development. Hear from the Illinois Financing Authority, Illinois Department of Commerce and Economic Opportunity, and the Illinois EPA on the well-known, the unknown, and the best of these programs that can be put to use in your community.

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

$79M TIFIA Loan Approved for Chicago Bus and Rail Project
eNews Park Forest | Apr. 28 | Access to Capital | Infrastructure Finance | Urban Development | Federal

Illinois Issues $750M of Bonds in Third Sale of 2014
Bloomberg | Apr. 25 | Bond Finance | Infrastructure Finance | State Finance Program

Fitch Affirms Educational Advancement Fund, Inc. (IL) Rev Bonds at 'BBB+'
Enquirer Herald | Apr. 25 | Access to Capital | Bond Finance | State Finance Program

New TIF Money to Help Crown Point Repair Local Streets
Post-Tribune | Apr. 24 | Infrastructure Finance | Local Finance Program | Tax Increment Finance (TIF)

Des Plaines Expands Business Assistance Program Past TIF
Journal & Topics | Apr. 24 | Community Development | Infrastructure Finance | Local Finance Program | Redevelopment | Tax Increment Finance (TIF) | Urban Development

Aurora Eyes TIF Funds to Help Expand Premium Outlets
The Beacon-News | Apr. 21 | Economic Development | Redevelopment | Tax Increment Finance (TIF)

Rule Change Should Aid Small Business
The Davis Clipper | Apr. 21 | Access to Capital | U.S. Small Business Administration (SBA) | Federal

Wheeling Town Center TIF Back in Spotlight
Journal & Topics | Apr. 16 | Local Finance Program | Tax Increment Finance (TIF)

Evanston Aldermen Back Autobarn TIF Assistance
Evanston Review | Apr. 16 | Economic Development | Local Finance Program | Tax Increment Finance (TIF)

USDA Restores Gifford Water Supply After Devastating Tornado
USDA | Apr. 16 | Disaster Recovery & Relief | Infrastructure Finance | Rural Development | U.S. Dept. of Agriculture (USDA)


New Additions to the Online Resource Database

Promoting Prosperity in Northwest Illinois
Economic Development
This executive summary from a report by the Center for Governmental Studies outlines goals, strategies and recommendations for the five-county area including Carroll, Lee, Ogle, Stephenson and Whiteside to promote the region.

USDA Rural Development B&I Processing Contacts
Access to Capital | Rural Development | U.S. Dept. of Agriculture (USDA)
The U.S. Department of Agriculture has monies available for Business and Industry (B&I) Guaranteed Loan Programs in rural areas of Illinois. This map identifies the first point of contact in each geographic region.


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.


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
Become a Sponsor