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CDFA South Carolina Financing Roundtable Newsletter - July 2015

CDFA South Carolina Financing Roundtable Newsletter - July 2015
July 22, 2015
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CDFA South Carolina Financing Roundtable Newsletter

Feature

$16.3M in Infrastructure Grants Awarded by SC Commerce Department
More than $16.3 million in CDBG infrastructure grants are heading to 31 communities in South Carolina, according to GSA Business. About 62% of those receiving funds are low- or moderate- income residents.

CDFA Brownfields Financing Webinar Series: New Investments with New Market Tax Credits
August 13, 2:00 – 3:30pm EDT
Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss the recent allocation of $3.5 billion in New Markets Tax Credit awards by the U.S. Treasury Department's CDFI fund and the significant potential this tool has to support the financing of brownfields cleanup and redevelopment.

Brownfields Cleanup Revolving Loan Fund Update
This article from the Catawba Regional Council of Governments examines the South Carolina Department of Health and Environmental Control's Revolving Loan Fund and its positive impact on communities and projects that are utilizing the financing tool.

Upstate, SC Organization Receives $35M NMTC Allocation
A Community Development Entity in Greenville, S.C. received a $35 million allocation of New Markets Tax Credits, reports PR Newswire. Greenville New Markets Opportunity II will use the funds to help finance select economic development projects in low-income communities in a 10-county area.

Upcoming Events

CDFA Summer School
August 10-14, 2015 - St. Louis, MO
CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the Development Finance Certified Professional (DFCP) Program. Join us in St. Louis, and start down the road to personal and professional advancement. Courses include: Fundamentals of Economic Development Finance, Intro Tax Increment Finance, Intro Public-Private Partnership (P3) Finance, Intro Bond Finance, and Intro Rural Finance.

South Carolina News

House Subcommittee to Hold Hearing on Reauthorizing EPA Brownfields Program
Smart Growth America | Jul. 20 | Access to Capital | Brownfield Financing | Legislative | U.S. Environmental Protection Agency (EPA)

Commerce Department Awards Block Grants to Pickens County
Independent Mail | Jul. 20 | Access to Capital | Infrastructure Finance

Budget Update: Economic Development Remains Priority in States
SSTI | Jul. 17 | Economic Development | Legislative

Building Healthy Communities in SC
The Institute for Southern Studies | Jul. 16 | Access to Capital | Community Development | Economic Development | Food Systems Finance | Public-Private Partnership (P3) Financing | Rural Development

City of Denmark Gets Water Grant
The Times and Democrat | Jul. 16 | Access to Capital | Community Development | Rural Development

CDFA Launches Brownfields Project Response Team Site Visit in Texarkana, TX
CDFA | Jul. 16 | Access to Capital | Brownfield Financing | CDFA Original Research

Putting the Public Back in Public Finance
The New York Times | Jul. 13 | Access to Capital | Bond Finance | Economic Development

P3's Offer Alternative Model for Water Infrastructure Projects
Lexology | Jul. 6 | Infrastructure Finance | Public-Private Partnership (P3) Financing

Rural America Matters: Investing in Rural Communities
Farm Credit | Jul. 2 | Infrastructure Finance | Public-Private Partnership (P3) Financing | Rural Development | U.S. Dept. of Agriculture (USDA)

EPA Gives Pelzer Heritage Center $400K in Brownfields Grants
EP Newswire | Jul. 2 | Access to Capital | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Buying Visas with Investments Is Big Business, and Congress Is Taking Notice
The Washington Post | Jun. 29 | Access to Capital | EB-5 Visa | Economic Development


Partner

Roundtable Partner

South Carolina Jobs-Economic Development Authority



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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