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CDFA Michigan Financing Roundtable Newsletter - April 2016

CDFA Michigan Financing Roundtable Newsletter - April 2016
April 13, 2016
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CDFA Michigan Financing Roundtable Newsletter

Feature

MI State-Backed Crowd Funding Campaign Helps Bike Trail Raise $10K
The Thornapple Trail Association hopes to extend its bicycle and walking trail by participating in a crowd funding campaign to raise $10,000 to qualify for matching funds from MEDC and the MSHDA.

Lansing Regional Brownfield Coalition Celebrates Maximum Grant from EPA
Lansing Regional Chamber reports the Lansing Regional Brownfield Coalition was awarded $500,000 through the he U.S. EPA Brownfield Program.

MI ‘Green Bank' Could Spur $3B in Clean Energy Investment
Midwest energy analysts say Michigan could leverage a $105 million public investment into roughly $3 billion in private clean energy development under what's known as a "green bank."

MI Amends Paramount Incentive Agreement for Transformers 5
An amended agreement between Paramount Pictures and the Michigan Film & Digital Media Office has cleared the way for the filming of the next installment of the Transformers series in Detroit.

Kresge Community Finance RFP
Kresge Community Finance is a $30 million program-related investment finance offering to certified CDFIs and quasi-public or private DFAs. The foundation will select applications through a competitive Request-for-Proposals (RFP).

Upcoming Events

CDFA Brownfields Financing Webinar: Reaching Your Redevelopment Goals With Revolving Loan Funds
Thursday, April 21, 2016 from 2:00 – 3:30pm EST
Join CDFA, EPA, and experienced brownfield communities as we discuss the key features of a successful Brownfield Revolving Loan Fund and the commonalities and challenges associated with implementing this underutilized financing resource. Learn how even the most challenged or understaffed communities can implement Revolving Loan Fund loans and sub-grants. 

CDFA Spotlight

Announcing the Continuation of Scholarship Program Presented by PFM
The CDFA Scholarship Program, Presented by Public Financial Management, Inc., is designed to support members and non-members who cannot afford the cost of registration fees. Scholarships are available for several different types of CDFA events, including the National Summit, CDFA Training Institute Courses, and State Roundtable Conferences. View the scholarship application to learn more about requirements and available scholarships.

Michigan News

EPA Gives Lansing $500K to Help Clean Contaminated Sites
Lansing State Journal | Apr. 6 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)

Albion Hotel Project Begins with Demolition Work
Battle Creek Enquirer | Apr. 6 | Access to Capital | Incentives | State Finance Program

Grand Rapids Downtown Market Receives National Award
Grand Rapids Business Journal | Apr. 6 | Community Development | Food Systems Finance

Holland Looking at $47M Fiber Optics Network
MLive | Apr. 6 | Infrastructure Finance | Local Finance Program

Bids, Bonds Affirmed by Coldwater Council
The Daily Reporter | Mar. 31 | Bond Finance | Local Finance Program | Tax Increment Finance (TIF)

Ferndale Clears Way for Downtown Apartment - Retail Project
Daily Tribune | Mar. 31 | Brownfield Financing | Tax Credits

Brownfield Redevelopment Authority Approves $1.2M for Parking
Traverse City Record Eagle | Mar. 31 | Brownfield Financing

Downtown Bay City Hotel Project Moving Forward
Midland Daily News | Mar. 26 | Brownfield Financing

School Restoration Plan Gets Brownfield Boost
Hometown Life | Mar. 25 | Brownfield Financing | Tax Increment Finance (TIF)

To TIF or Not to TIF
WYPR | Mar. 16 | CDFA Original Research | Incentives | Local Finance Program | Tax Increment Finance (TIF)

New MI Law Allows Drainage Districts to Issue Term Bonds
National Law Review | Mar. 11 | Bond Finance | Legislative | Special Assessment Districts | State Finance Program


Sponsors


Your Logo Here!

For information about sponsoring the CDFA Michigan 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.


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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