On April 16, we will head to Capitol Hill to conduct legislative briefings on the importance of bond legislation such as MAMBA. Join CDFA and our members and partners as we visit with Congressional leaders to reinforce the importance of federal economic development finance solutions and proactive approaches. Anyone attending must register in advance with CDFA.

The Intro Bond Finance WebCourse addresses the basic requirements for issuing a bond, the rules and regulations that govern tax-exempt and taxable bonds, the major players involved in a bond transaction, and the roles and responsibilities of both public and private sector participants. This course is essential for public leaders, economic development professionals, financial experts and anyone working to address local economic challenges.

Gov. Walz would use $2.028 billion in general-obligation bonds (GO) to fund that work along with $571 million in financing, including general fund cash, bringing the Local Jobs and Projects Plan to $2.599 billion. These funds would go toward investing in projects improving public safety, housing, water quality, higher education and other needs through the state.

The meeting was held to decide whether to award Virgin Trains USA its second allocation of $300 million in private activity, tax-exempt bonds to subsidize the rail project. Although the committee ultimately postponed its decision on issuing the second allocation until next month, Virgin Trains presented an analysis that predicted the project would be an economic shot in the arm.

The U.S. Department of the Treasury today announced it plans to issue a 20-year nominal coupon bond in the first half of calendar year 2020. Over the past several years, Treasury has explored a range of potential new debt products, including 20-year, 50-year, and 100-year bonds, as well as floating-rate notes linked to the Secured Overnight Financing Rate.

The Columbus Dispatch reported recently that the Authority plans to spend close to $250 million this year on acquisition and renovation of new units. In May 2019, voters approved a $50 million housing bond to support affordable housing work, and in June, the city announced an additional $100 million public/private Housing Action Fund.

Bond financing facilitated by WHEFA was used to help Goodwill Industries of North Central Wisconsin refinance bonds previously issued by WHEFA. This tax-exempt financing process has enabled Goodwill Industries of North Central Wisconsin to operate more effectively by refinancing its capital expenses at a low interest rate (2.16%).

The World Bank's 2019 Green Bond Impact Report shows investors how we are working with our member countries to support their climate finance efforts and deliver results, on a project-by-project basis.

U.S. Rep. Stephanie Murphy (D-FL) and Rep. Darin LaHood (R-IL) introduced a proposal to help farmers and manufacturers get financing for their businesses. With the "Modernizing Agriculture and Manufacturing Bonds Act," (MAMBA) Murphy hopes to "modernize decades-old financing tools used by farmers and manufacturers to grow and create more jobs" by streamlining "private activity bonds to help small manufacturers and first-time farmers grow their businesses, invest in new equipment, and hire more workers."

Intro Bond Finance WebCourse
February 26-27, 2020 - Daily: 12-5pm (Eastern)

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The World Bank's 2019 Green Bond Impact Report shows investors how we are working with our member countries to support their climate finance efforts and deliver results, on a project-by-project basis.

This report provides financing strategies for the redevelopment of One Monument Square in Troy, NY.

>>> EXPLORE BOND FINANCE RESOURCE CENTER