CDFA New York/New Jersey Financing Roundtable Newsletter - January 2016

CDFA New York/New Jersey Financing Roundtable Newsletter - January 2016
January 27, 2016



Feature
State's Manufacturing Sector Boosted by EDA Board Action The New Jersey Economic Development Authority approved four manufacturing projects that represent $68.5 million in private investment. The projects are expected to create at least 600 new jobs while retaining 700 jobs that were once at risk of leaving the state. Empire State Development Announces Four Biotech Companies to Expand Operations in New York City Empire State Development awarded $2.8 million to New York City's Partnership Fund to aid in the growth of an emerging biotechnology cluster. Gov. Cuomo Launches $5B Clean Energy Fund Governor Cuomo recently announced the approval of a 10 year, $5 billion Clean Energy Fund to be administered by the New York State Energy Research and Development Authority. The Fund was created to accelerate the growth of New York's clean energy economy. City Agency Approves Extension for Trico Project As reported by Buffalo Business First, the Buffalo Brownfield Restoration Corporation has agreed to extend the developer status of the Krog Corporation. American Dream Readies Bond Sale Triple Five, the developer of a 2.9 million square foot shopping center project, will begin selling $1 billion in government bonds to finance the center's remaining construction. Tax Credits Approved for Stockton Atlantic City Campus The New Jersey Economic Development Authority approved nearly $70 million in tax credits to help Stockton University develop an Atlantic City campus.
New York/New Jersey News
Gov. Cuomo Announces Designation of 11 New Brownfield Opportunity Areas governor.ny.gov \| Jan. 27 \| Brownfield Financing \| State Finance Program Albany Approves Financing for Public Works Facility Contra Costa Times \| Jan. 27 \| Bond Finance \| Infrastructure Finance \| Local Finance Program New Jersey Turnpike Authority Plans $149M Sale The Bond Buyer \| Jan. 20 \| Bond Finance \| Infrastructure Finance \| State Finance Program Athens Plant Modernizes for the Future The Daily Mail \| Jan. 19 \| Brownfield Financing \| State Finance Program NY Seeks Partners to Provide Statewide Broadband Access NCPPP \| Jan. 19 \| Infrastructure Finance \| Public-Private Partnership (P3) Financing \| State Finance Program Rutherford Moves to Dissolve Downtown Partnership The Record \| Jan. 14 \| Tax Increment Finance (TIF) \| Urban Development Brownfield Funding is Crucial in NY Times Union \| Jan. 13 \| Brownfield Financing Tompkins, Ithaca Endorse Energy Improvement Finance Program Ithaca Journal \| Jan. 8 \| Energy Finance Cuomo's $7B Plan for Upstate NY: Small Business Tax Cuts, Infrastructure Investments Auburn Citizen \| Jan. 8 \| Economic Development \| Infrastructure Finance \| State Finance Program Rep. Tonko, Syracuse Mayor Push for Water Infrastructure Funding WAMC Northeast Public Radio \| Jan. 8 \| Access to Capital \| Infrastructure Finance \| Revolving Loan Funds (RLFs) News Briefs: Low-Income Housing Tax Credits Novogradac \| Jan. 7 \| Tax Credits The Chapin School Seeks Bond Financing For $120M Renovation Project Commercial Observer \| Jan. 7 \| Bond Finance \| Economic Development CRDA Approves Funding for Stockton, Boraie Projects in Atlantic City Press of Atlantic City \| Jan. 6 \| Bond Finance \| Economic Development \| Public-Private Partnership (P3) Financing Attorney Points Way to Green Redevelopment in Newark Newark, Inc. \| Jan. 6 \| Brownfield Financing \| Green Finance \| Redevelopment Cape May Council Reorganizes, Mayor Delivers Annual Address Cape May County Herald \| Jan. 6 \| Access to Capital \| Bond Finance \| Export Import Bank of the United States (Ex-Im Bank) \| Revolving Loan Funds (RLFs) Tax Breaks Keep Long Island Aquarium's Doors Open Riverhead Local \| Jan. 6 \| Tax Increment Finance (TIF) Writing for Dollars: Winning Grants for Redevelopment Renewal & Redevelopment \| Jan. 4 \| Access to Capital \| Brownfield Financing \| Revolving Loan Funds (RLFs) \| U.S. Environmental Protection Agency (EPA) NY Passes Program to Further Micro-Grids, Distributed Generation Times Union \| Dec. 28, 2015 \| Economic Development \| Energy Finance \| State Finance Program Bill to Up Tax Credits for Development Projects nj.com \| Dec. 23, 2015 \| Tax Credits >>> SEARCH HEADLINES
Sponsors
Annual Roundtable Sponsor For information about sponsoring the CDFA New York/New Jersey Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
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.