The Lafayette Square hotel project in LaGrange will be delayed once again after it was discovered that a previously unknown gas station existed on the property, and may have leaked hazardous chemicals into the soil. The discovery came at an unfortunate time, as developers have until June 30th to begin the project if they wish to make use of a local TAD.

The Downtown Smyrna Development Authority voted to approve a $15.85 million revenue bond that will be used to acquire land for improvements to Windy Hill Road. Officials have planned a boulevard concept for the area, which includes widening, addition of medians, intersection and pedestrian improvements.

Premium Peanuts built a 40,000-square foot shelling facility with $23 million in new markets tax credits from CEI Capital Management and SunTrust Community Capital. SunTrust also provided a $7.4 million equity investment, while AgSouth Farm Credit loaned the company $20 million.

Triple-A rated Georgia plans to price $1.4 billion of general obligation bonds, with the deal will be split up into five different auctions. Proceeds are earmarked for a wide range of state and local capital needs.

The Georgia Environmental Finance Authority has loaned the Madison Downtown Development Authority $1.6 million to transform the West Washington Gateway and to complete a special stormwater project in the city's most deteriorated entryways.

A Georgia Transportation Infrastructure Bank grant of $793,416 will go toward helping Gainesville get started on putting in a traffic light at the intersection of Thompson Bridge Road/Ga. 60 and Oak Tree Drive/Ga. 60 Connector and realigning Oak Tree Drive.

Savannah is set to issue $8 million in bonds to make improvements to Broughton Street, pending approval from the City Council. The issuance, which has already been approved by the Downtown Savannah Authority, would go toward a $14 million streetscaping plan that will also make Bay and River streets safer and more inviting for residents and visitors.

Art Fleming of the Federal Home Loan Bank of Atlanta discusses the Community Reinvestment Act at the 2016 CDFA Georgia Financing Roundtable Conference.

Factsheet 2 of the Energy Investment Partnerships covers clean energy through bond markets, credit enhancements and capital markets, property assessed clean energy, and market assessment.

CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program.

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