On the former rail yard, more than $250 million in investments have created 450 construction jobs and 750 permanent jobs so far — many of them covered by local hiring agreements. And this week brings another announcement of a partnership to develop 50 more acres of industrial land, with potential for up to 1,000 more jobs.

Energy efficiency is on the minds of many commercial real estate owners. However, there are two main obstacles that can prevent owners from making energy improvements to their properties: a lack of capital and the inability to find financing sources. PACE can allow Illinois commercial property owners to overcome these barriers.

Typically, state-level historic preservation credits are based primarily on the federal tax credit. States that have enacted similar credits but tailor the requirements to their own needs by broadening or decreasing eligibility and amounts.

The credit gives investors into early-stage companies the chance to take a credit of 25 percent on an investment of at least $10,000 in small businesses that have to have fewer than 100 employees and, for the most part, be in innovation or technology work.

The Illinois Finance Authority is readying a $560 million sale of triple-A rated state revolving fund bonds for the week of Aug. 28 as the agency ramps up its SRF issuance to an annual basis to meet demand. Proceeds will fund loans to finance eligible wastewater treatment and sanitary sewerage facilities and drinking water facilities.

Though they initially were intended to provide relief for blighted areas, TIF districts now cover many wealthy areas of Chicago and the suburbs, such as LaSalle Street in the Loop. Chicago alone banks hundreds of million of dollars a year off its more than 200 TIF districts, money that otherwise would go to schools and other government services.

The new program would still provide tax breaks for companies that promise to create jobs in Illinois, as it always has, but comes with tweaks. There's credit for the cost of training new employees and investing in low-income areas, plus provisions that allow small businesses easier entry into the program.

The CDFA National Summit brings together the leaders and dealmakers in the development finance industry to discuss best practices, trends, and project financing solutions. The CDFA National Summit is designed for both public and private sector participants from all areas of the country. Attendees represent a diverse cross section of the development finance industry and bring unique perspectives, creative financing approaches, and interesting conversation to the event.

The CDFA – Frost Brown Todd Infrastructure Finance Webcast Series will address current trends in financing the nation's most pressing infrastructure needs along with strategies for assembling capital, structuring the deal, and addressing critical financing gaps.

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