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CDFA Georgia Financing Roundtable Newsletter - April 2014

CDFA Georgia Financing Roundtable Newsletter - April 2014
April 30, 2014
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CDFA Georgia Financing Roundtable Newsletter

Feature

Challenging Projects, Diverse Communities, Creative Tax Credit Solutions
Tax Credits have been used by both the Federal and State government as a method to influence businesses to take certain actions, such as locating in specific areas, hiring disadvantaged workers, expanding research and development, investing in new technologies, and increasing the supply of affordable housing. They are a flexible tool which often pushes a project into viability. In this session, Jetson Hollingsworth with Butler Snow, Dale Royal with Invest Atlanta and Jim Tinsley with Alpharesults will explain how a variety of tax credits are being used to help finance community development projects in rural, small town and urban settings.

GeorgiaTrend's 2014 Small Business Guide
GeorgiaTrend Magazine released the 2014-2015 Small Business Guide. This is an annual guide to starting and growing a small business in Georgia. The guide includes information about financing programs from the state and SBA.

Governor Deal Signs Legislation Boosting Georgia Downtowns
The Georgia Department of Community Affairs issued a press release announcing that Governor Deal signed into law HB 128. HB 128 created the new Georgia Downtown Renaissance Fund and empowers Georgia cities to revitalize area downtowns.

Georgia Direct Financial Incentives Available for 2014
Area Development Online published a partial listing of Georgia's incentive programs to initiate new business and commercial investment. Information was provided to Area Development by the state's economic development or commerce agency.

Business Facilities 2014 Awards Recognize CDFA Members
Business Facilities released their 2014 Economic Development Awards, which focus on achievements in targeted incentives, cluster development, alternative energy and other categories. CDFA is proud to announce that a number of our members from across the country are recognized for these awards.

Upcoming Events

2014 CDFA Georgia Financing Roundtable Conference
June 4, 2014 - Atlanta, Georgia
Join the CDFA Georgia Financing Roundtable for a one-day conference on "Development Finance Best Practices: Programs and Tools that Work." This event will feature a number of economic development finance experts from around the state discussing new development finance tools, authorities, resources and approaches, and how these can affect the Georgia economy going forward.

Georgia News

NOWAccount Network Raises $2M
Atlanta Business Chronicle | Apr. 29 | Access to Capital | Member News

Venture Deals Up, Investments Down in Q1
Atlanta Business Chronicle | Apr. 28 | Access to Capital | Innovation Finance

Obama Preparing Transportation Plan
The Hill | Apr. 23 | Infrastructure Finance | Legislative | Federal

USDA Supports Water Quality Projects in 40 States & Puerto Rico
U.S. Department of Agriculture | Apr. 23 | Access to Capital | Infrastructure Finance | Rural Development | U.S. Dept. of Agriculture (USDA) | Federal

New MSRB Rule for Municipal Advisors Establishes Fee
MSRB | Apr. 23 | Federal | Municipal Securities Rulemaking Board (MSRB)

Treasury Creating Office for State and Local Finance
The Bond Buyer | Apr. 22 | Bond Finance | U.S. Dept. of Treasury | Federal

SBA Just Made It Easier to Secure a Loan
The Washington Post | Apr. 22 | Access to Capital | U.S. Small Business Administration (SBA) | Federal

Transportation Secretary Toured Atlanta's Federally Funded Transit Project
Midtown Patch | Apr. 21 | Access to Capital | Infrastructure Finance | Local Finance Program | Federal

Rule Change Should Aid Small Business
The Davis Clipper | Apr. 21 | Access to Capital | U.S. Small Business Administration (SBA) | Federal

MSRB Files New Rule for Municipal Advisors
The Bond Buyer | Apr. 21 | Federal | Municipal Securities Rulemaking Board (MSRB)

Brownfields Bill Moves Through Senate Committee
Smart Growth America | Apr. 17 | Brownfield Financing | Legislative | U.S. Environmental Protection Agency (EPA) | Federal

Cloud Services Provider Racemi Seeks $8.5M in Venture Capital
Atlanta Business Chronicle | Apr. 15 | Access to Capital | Innovation Finance

Governor Deal Signs Tax Incentives Bill
Atlanta Business Chronicle | Apr. 15 | State Finance Program | Tax Credits

Judge Hears Arguments in Legal Challenge of Falcons Stadium Financing
WABE 90.1 FM | Apr. 14 | Access to Capital | Bond Finance | Legislative

Tax Reform Alarms Preservationists and Environmentalists
The Boston Globe | Apr. 10 | Energy Finance | Green Finance | Legislative | Tax Credits

Congress Proposes New Markets Tax Credit
Digital Journal | Apr. 7 | Legislative | Tax Credits

Rural Development Funding Increases to $228M
The St. Ignace News | Apr. 3 | Rural Development | U.S. Dept. of Agriculture (USDA) | Federal

City of Savannah $10M TAD Agreement Stalled
Savannah Morning News | Apr. 3 | Local Finance Program | Tax Increment Finance (TIF)

Lawsuit Involving $200M Bonds Poses Threat to Falcons Stadium
Atlanta Business Chronicle | Apr. 3 | Bond Finance

SBA Improves Access to Small Business Loans
Digital Journal | Apr. 1 | Access to Capital | U.S. Small Business Administration (SBA) | Federal

Senior Housing Finance Activity Updates
Senior Housing News | Apr. 1 | Access to Capital | Bond Finance | Community Development | Member News | Redevelopment | Tax Credits

GOP Releases Budget
Fox News | Apr. 1 | Bond Finance | Legislative | Tax Credits

Georgia House Declines to Vote on Broad P3 Legislation
Mondaq | Mar. 28 | Access to Capital | Legislative | Public-Private Partnership (P3) Financing | State Finance Program


New Additions to the Online Resource Database

Best Practices in Economic Development Projects
Economic Development | State Finance Program
Peter Floyd with Alston & Bird LLP and Brittany Holtzclaw with Georgia Department of Economic Development discuss best practices in economic development projects. This presentation gives an overview of economic development and the roles each person plays in the process.

Georgia Downtown Renaissance Act Program Guidelines
State Finance Program | Tax Credits
Georgia Municipal Association released a fact sheet providing background information for the programs available through GA Downtown Renaissance Act. The Georgia Downtown Renaissance Act affirms the importance of Georgia's downtowns by offering state tax incentives for private sector investments within clearly defined downtown boundaries called Renaissance Districts.


Sponsors

Annual Roundtable Sponsor

Butler Snow LLP Development Authority of Fulton County Kutak Rock LLP Seyfarth Shaw LLP Stifel Nicolaus

Conference Supporting Sponsor

Alpharesults LLC

For information about sponsoring the CDFA Georgia Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.

New Members

Atlanta BeltLine, Inc. - Atlanta, GA

Georgia Cities Foundation - Atlanta, GA


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
85 E. Gay Street, Suite 700
Columbus, OH 43215
(614) 224-1300
info@cdfa.net

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CDFA National Sponsors

  • Alliant Insurance Services, Inc.
  • BNY Mellon
  • Bricker Graydon LLP
  • Business Oregon
  • CohnReznick
  • Frost Brown Todd LLP
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
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