Companies are utilizing tax credits in South Carolina as a means of growing their businesses. Two of these companies are Labon, a China-based technical fiber and textile manufacturer, and TCube Solutions, a software services firm that works with the insurance industry.

The Spartanburg County Council is in the midst of discussing a number of economic development projects and initiatives in the area including Project Senator which will invest $7M and create 100 jobs.

CDFA is accepting sessions submissions for the 2017 National Development Finance Summit in Atlanta this November. Session submissions on deals, projects or programs that include multiple funding sources are highly encouraged. Submissions are due by May 12, 2017.

Tidelands Health is using a $122.94 million bond issue through the South Carolina Jobs-Economic Development Authority (JEDA) to finance new facilities and refund bonds used for previous expansion.

Gov. Henry McMaster wants to fund roadwork with a $1 billion bond package rather than back the proposal in the Senate to raise the gasoline tax by 12 cents over six years or a measure approved by the state House in early March that would raise the gasoline tax by 10 cents over five years.

The City of Cayce has used Tax Increment Financing to develop areas of the city for the last 20 years. But a request to continue to use the funding mechanism that keeps taxpayer money in the municipality was recently denied by Lexington County Council.

Heightened concern about a potential Westinghouse bankruptcy filing led to negative outlooks on municipal bonds issued for new nuclear units the company is building in Georgia and South Carolina.

This course brings TIF deal-making and best practices into focus through a two-day program targeting the entire TIF community including economic developers, public agency representatives, bond issuers, legal professionals, developers, financial advisors, and other stakeholders. 

The Intro Food Systems Finance WebCourse examines the development finance programs that sustain a local food system and how investments in that system can drive economic development on a broader scale. Topics covered include federal, state, and local sources of capital, stakeholders involved in the financing process, and case study examples that showcase the variety of financing programs.

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