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CDFA Tax Increment Finance Update - July 26, 2016

Tax Increment Finance Update
July 26, 2016
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Tax Increment Finance Update

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CDFA Brownfields Financing Webinar Series: Strategic TIF Structuring for Redevelopment
Thursday, September 1 | 2:00 - 3:30pm Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss tax increment financing and how it can be used to compliment the redevelopment and cleanup of your brownfield project.

Columbus, OH Approves $750K for Workforce Development Programs
According to The Republic, Bartholomew Consolidated School Corp. will receive $750,000 from the city to fund three programs that school district leaders say will help strengthen the local economy.

Officials in Gardiner, ME Approve TIF Deal for Housing
A firm that wants to build affordable senior housing and affordable workforce housing on two blighted parcels in Gardiner was approved for tax increment financing by the Gardiner City Council, reports centralmaine.com.

St. Louis County Panel Endorses $51.6M TIF
As reported by the St. Louis Post-Dispatch, a redevelopment of the old Chrysler assembly plant site advanced a step Wednesday after the St. Louis County Tax Increment Financing Commission recommended that the St. Louis County Council approve more than $50 million in incentives for the project.

Carlisle, PA School Board Eyes TIF Plan Approval
In supporting the resolution, the school board agrees to have 46 acres designated a TIF district, reports The Sentinel. The plans call for a 100-unit hotel, a 650-space parking garage, 30 residential garages, 86 two-story townhouse units, 92 midrise apartment units, about 120,000 square feet of office space, 18,000 square feet of restaurant space and 14,000 square feet of retail space.

Baltimore Planning Commission Approves Port Covington TIF
The Baltimore City Planning Commission unanimously approved the tax increment financing for the Port Covington project, reports WBALTV.

Northfield, MN Council in Favor of TIF Funds for Depot Project
The Northfield City Council stressed its support for the Save the Northfield Depot's initiative, and plans to approve $150,000 worth of tax increment financing funds to the project, according to northfieldnews.com.

Upcoming Events
Advanced Tax Increment Finance Course
Tax Increment Finance News

Go NoCo Projects Could be Threatened as Financial Pressures Grow
The Denver Post | Jul. 21 | Economic Development | Tax Increment Finance (TIF)

LA Legislative Audit Finds Development District Violated State Budget Laws
The Advocate | Jul. 21 | Bond Finance | Tax Increment Finance (TIF)

KC Resets Construction Clock for $200M Tower
Kansas City Journal | Jul. 21 | Economic Development | Tax Increment Finance (TIF)

Land Redevelopment Proposal to City Council for Chicken Plant
Omaha World-Herald | Jul. 20 | Economic Development | Tax Increment Finance (TIF)

Community Square Project Seeks Major Donors
Hub-City Times | Jul. 14 | Community Development | Public-Private Partnership (P3) Financing | Tax Increment Finance (TIF)

Streator Offers Financial Assistance to Movie Theater
The Times Newspaper | Jul. 13 | Revolving Loan Funds (RLFs) | Tax Increment Finance (TIF)



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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