CDFA North Carolina Financing Roundtable Newsletter - January 2017

CDFA North Carolina Financing Roundtable Newsletter - January 2017
January 25, 2017



Feature
TIF Projects May Be Sign Of Economic Progress As local officials dedicate more time to initiatives intended to spark commercial development, there seems to be a growing sense that the community is on the brink of a period of economic resurgence that hasn't been seen in a number of years. Wilmington Chamber of Commerce Appoints a New Leader Focussed on Infrastructure The Wilmington Chamber of Commerce Board of Directors has named Natalie English as its next president and CEO. Planned Mountaire Farms Feed Mill to Bring 65 Well-Paying Jobs to Scotland County Mountaire Farms plans to build a new feed mill operation that calls for bringing 65 new jobs to Scotland County. The integrated poultry processing company plans to invest nearly $44 million at a site near Laurinburg over the next three years. NC Offers Tax Credits to Attract SEAL Team Six from VA North Carolina used tax credits to draw the filming of SEAL Team Six from VA. Wind Lease Sale to Offer 122,000 Acres Offshore NC The Bureau of Ocean Energy Management will offer 122,405 acres offshore Kitty Hawk, N.C. for wind energy development in a lease sale on March 16. NMTC Coalition Urges Supporters to Sign Letter The NMTC Coalition is sending a letter to Congress urging leadership to protect the New Market Tax Credit. Please consider signing their letter if you support this important development tool. NC Green Energy Industry Employs 34,000, Census Reports North Carolina renewable energy and energy efficiency businesses have created the equivalent of 34,000 full-time jobs and generate $6.4 billion a year in revenue, an industry group says. NC Legislators Appeal to Trump to Kill Nearly Completed $400M Wind Farm Top North Carolina Republican lawmakers want the incoming Trump administration to shut down a $400 million wind farm, claiming turbines nearly 500 feet high could interfere with military radar. North Carolina Brownfields Celebrates 400th Agreement with a Prospective Developer A state environmental program that has created thousands of jobs and pumped $14 billion dollars into North Carolina's economy will celebrate a milestone in Raleigh.
Upcoming Events
Intro Tax Credit Finance WebCourse February 15-16, 2017 - Daily: 12-5 pm Eastern The Intro Tax Credit Finance WebCourse examines the application of tax credit programs in greater economic development finance efforts. This course will discuss the practical application of tax credit programs including brownfields, new markets, low income housing, historic preservation, and state-specific programs. CDFA Brownfields Financing Webinar: Financing Brownfields with Private Activity Bonds (PABs) Thursday, March 9, 2017 - 2:00 - 3:30 pm Eastern Join CDFA, our technical assistance partners, and experienced brownfield communities on March 9, 2016 from 2:00 – 3:30pm Eastern as we discuss Private Activity Bonds and how they can be used to compliment the redevelopment and cleanup of your brownfield project.
Sponsors
For information about sponsoring the CDFA North Carolina 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.