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Development Finance Review Weekly - September 8, 2016

Development Finance Review Weekly
September 8, 2016
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CDFA Development Finance Review Weekly

Feature

NABL Endorses MAMBA
CDFA is pleased to announce that the National Association of Bond Lawyers has endorsed H.R. 2890, the Modernizing American Manufacturing Bonds Act (MAMBA). MAMBA is CDFA's number one legislative priority in 2016.

LSU Deal Fuels $575M Baton Rouge Campus P3
LPFA is expected to bring $226.14 million of bonds to market next week as the conduit issuer of the debt that will benefit LSU. The bonds will help finance a $575 million project.

Energy Groups Push for Renewal of Tax Credits
Trade groups for biomass, hydropower and other energy sources are pushing Congress to renew expiring tax credits for their industries before the end of the year. 

Cost Benefit Analysis of Investment Incentives
Cost-benefit analysis of investment incentives can help economic development and government leaders make better decisions when using incentives to attract investments.

1889 Institute Releases New Report on TIF
The 1889 Institute recently published a paper concluding the that when it comes to TIFs, Oklahoma desperately needs greater transparency, stricter limits on how funding can be spent, and more strictly limited lifetimes and revenue sources, along other reforms mentioned in this paper.

Strategic TIF Structuring for Brownfield Redevelopment - Listen & Learn
Learn how to structure a TIF that eases the financial pressure on your brownfield project and how communities can blend the use of TIF with other financing tools to help bring your brownfields back into productive use.

Upcoming Events
Intro Public-Private Partnership (P3) Finance Course
News from The Bond Buyer

The latest municipal finance headlines from The Bond Buyer.

GFOA, NABL Publish Guidance on Post-Issuance Tax Compliance
The National Association of Bond Lawyers and the Government Finance Officers Association on Thursday each issued guidance to issuers and counsel on how to comply with tax-exempt bond rules after the issuance of tax-advantaged bonds.

CDFA is proud to partner with The Bond Buyer as our Official Media Sponsor. Read more about this partnership and all of its benefits here.

Upcoming Webcasts

CDFA // BNY Mellon Webcast Series: Retail as Economy: The Math Behind Financing Retail Development
September 20, 2016 - 1:00 pm Eastern
This month's CDFA // BNY Mellon Development Finance Webcast Series, will explore the retail development market and provide guidance and insight on how best to support this economic development driver. Speakers will cover the market challenges, opportunities and financing resources available to public and private entities for catalyzing retail as economy.

This Week's Headlines

TIF Bond Issues Last Year Hit Highest Level Since 2006
The Wall Street Journal | Sep. 8 | Bond Finance | Tax Increment Finance (TIF)

$759M in FASTLANE Grants Awarded
The Bond Buyer | Sep. 8 | Access to Capital | Infrastructure Finance | U.S. Dept. of Transportation (DOT)

American Dream Bond Deal Faces NJ Court Challenge
The Bond Buyer | Sep. 8 | Bond Finance

Administration Announces New Economic and Workforce Development Resources for Coal Communities through POWER Initiative
The White House | Sep. 7 | Redevelopment | Rural Development | U.S. Economic Development Administration (EDA)

VA Lawmakers Meet to Discuss Historic Tax Credits
Frankly and WVIR | Sep. 7 | Tax Credits

Details of Phoenix's $36M Deal for Downtown Grocery Store
Phoenix Business Journals | Sep. 6 | Economic Development | Incentives | Tax Credits

What the SEC Has Achieved (So Far) through Enforcement
The Bond Buyer | Sep. 6 | Bond Finance | Municipal Securities Rulemaking Board (MSRB)

Landmark PACE Bill Passed in CA
Global Capital | Sep. 6 | Energy Finance

Grand Rapids River Cleanup May Create $19.1M in Economic Output
MiBiz | Sep. 6 | Economic Development | Infrastructure Finance

CA Culinary Institute Issued $12.7M in Tax-Exempt Bonds
League of California Cities | Sep. 6 | Bond Finance | Economic Development

Residents Rally Against Road Costs Due to SAD
C & G Publishing | Sep. 2 | Special Assessment Districts

Sharonville to Buy Former Brownfield Site
Cincinnati.com | Sep. 2 | Brownfield Financing

Ogdensburg's Brownfield Designation Presents Economic Development Opportunities
North Country This Week | Sep. 2 | Brownfield Financing

Anaconda's Downtown URA Ready to Fund Projects
The Montana Standard | Sep. 2 | Tax Increment Finance (TIF)

Dallas' Statler Hotel Sells City's Incentives in Unheard of Bond Offering
The Dallas Morning News | Sep. 2 | Tax Increment Finance (TIF)


Job & RFP Postings

Hiring: Director of Education - CDFA

National Sponsor Spotlight

Bricker & Eckler LLP Bricker & Eckler LLP
Bricker & Eckler LLP, is one of Ohio's leading law firms, representing corporations, nonprofit organizations, government agencies, health care facilities, school districts, and municipalities, as well as individuals.
Bryan Cave LLP Bryan Cave LLP
Bryan Cave LLP is a leading business and litigation firm with global reach, a strong reputation and a long history of success. Their client base includes businesses, financial institutions and not-for-profit organizations, government entities and...
Business Oregon Business Oregon
Business Oregon works to create, retain, expand and attract businesses that provide sustainable, living-wage jobs for Oregonians through public-private partnerships, leveraged funding and support of economic opportunities for Oregon companies and...

Partner Spotlight

Institute of Economic Development (IED) - United Kingdom Institute of Economic Development (IED) - United Kingdom
The Institute of Economic Development (IED) is the UK's leading independent professional body representing economic development and regeneration practitioners. Established over 30 years ago, the IED's key objective is to represent the interests of...

CDFA Bookstore

Cover thumbnail Revolving Loan Fund Reference Guide
The Revolving Loan Fund Reference Guide offers an in-depth look at RLF program development, implementation and management. This guide demonstrates how a RLF program can compliment economic development strategies, encourage investment and assist traditionally underserved businesses.

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

  • 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
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
Become a Sponsor