CDFA is excited to release the Roadmap to Redevelopment report prepared for Motivation Property Management in Englewood, IL. Project Response Team site visits are available through CDFA's Brownfields Technical Assistance Program, funded by the U.S. EPA.

What's the appeal of the tax-credit alternative? It guarantees that a holder will receive full value as long as he has a matching tax liability. That's true even if the issuing State is in a financial crisis and can't pay its bondholders.

Illinois is asking underwriters vying for future senior manager work for advice on how best to capitalize on stopgap budget legislation that allows for the issuance of as much as $2 billion of refunding debt.

Tax Increment Financing has been a vital part of Marion's growth since 1987, but even the mayor didn't think that one day the city would be sitting on about $7.5 million to spend on capital projects without increasing taxes, reports The Southern.

Kourtney Ratliff Gibson has been named President of Loop Capital Markets, the firm announced on Tuesday. In her new role, she will to report directly to Chairman and Chief Executive Officer James Reynolds, Jr.

The Securities and Exchange Commission has settled with a former Chicago charter school operator over charges that he negligently approved and signed a misleading official statement for a $37.5 million bond offering to build three charter schools.

Almost $2 billion of Illinois road projects and 25,000 construction jobs are at risk from the state budget dispute between Republican Gov. Bruce Rauner and the Democratic-controlled General Assembly, according to a coalition of Illinois business groups and labor unions.

The political gridlock in Illinois spurred another downgrade for the state's bonds. Moody's Investors Service dropped $26 billion of general obligation bonds one notch to Baa2 from Baa1. The outlook stays at negative.

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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