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CDFA Pennsylvania Financing Roundtable Newsletter - January 2014

CDFA Pennsylvania Financing Roundtable Newsletter - January 2014
January 29, 2014
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CDFA Pennsylvania Financing Roundtable Newsletter

Feature

[Survey] What Do You Want to Learn at the Conference This Year?
Take this brief, 5-question survey to tell us what topics you would like to see discussed during this year's Roundtable Conference.

The Pennsylvania P3 Act is Building Bridges to Cost Containment
Beginning next year, at least 500 of the Keystone State's more than 4,000 structurally deficient bridges will be rebuilt under the Pennsylvania P3 Act. Since most of the new bridges will have similar designs and construction standards, PennDOT will save money by bundling the projects rather than designing and building them one at a time.

Energy = Jobs: Pennsylvania State Energy Plan
This energy plan articulates Pennsylvania's energy policy for 2014 and beyond. The policy ensures the framework is in place to continue to have an abundant, reliable supply of energy through all types of resources for all Pennsylvanians.

PA's State Intercept Program for School Districts
Janney Capital Markets' latest Municipal Bond Market Note provided this In-Depth Look at the Intercept Mechanisms and a Review of Moody's New Treatment of the Post-Default Program's Enhanced Ratings.

Plan Would Take CRIZ Statewide
Senators in Pennsylvania said they'd like to extend the City Revitalization Improvement Zone to interested small to mid-sized cities in the state, with 13 more of the business-generating tax incentive zones awarded by 2016.

CDFA Spotlight

Sponsor the CDFA Pennsylvania Financing Roundtable in 2014
Interested in bringing your organization to the forefront of hundreds of economic development finance professionals in the state? Consider sponsoring the CDFA Pennsylvania Financing Roundtable in 2014.

Pennsylvania News

Ecosave to Establish US Headquarters at Philly Navy Yard
Area Development | Jan. 24 | Economic Development | Member News

US Venture Capital Dollars and Deals by State: 2008-2013
SSTI | Jan. 24 | Access to Capital | Innovation Finance

Workforce Training and Tax Credits Help PRA Expand
Area Development | Jan. 23 | Economic Development | State Finance Program | Tax Credits

Nordstrom Invests $79M to Establish New Fulfillment Center
Area Development | Jan. 23 | Economic Development | State Finance Program | Tax Credits

Pittsburgh Councilwoman Proposes Land Bank
Pittsburgh Post-Gazette | Jan. 23 | Community Development | Local Finance Program | Redevelopment

Allentown's The Waterfront Gets State Water Quality Grant
The Morning Call | Jan. 23 | Infrastructure Finance | Member News | State Finance Program

Bethlehem, Doylestown Firms Earn State Tax Credits
Lehigh Valley Business | Jan. 21 | Economic Development | Innovation Finance | State Finance Program | Tax Credits

News Briefs: State Tax Credits
Novogradac & Co | Jan. 21 | State Finance Program | Tax Credits

Jefferson County Offers 10-year Tax Abatement
NorthCentralPa.com | Jan. 21 | Economic Development | State Finance Program | Tax Abatements

Promise Zones Dead in the Water Without Congress
Newsworks | Jan. 16 | Economic Development | Legislative | Tax Credits | U.S. Dept. of Housing & Urban Affairs (HUD)

5 PACE Programs to Watch in 2014
Greentech Efficiency | Jan. 15 | Bond Finance | Energy Finance | Green Finance

Philly Mayor Addresses Vacant Properties with Land Bank
Governing | Jan. 15 | Community Development | Local Finance Program | Redevelopment

Allentown Hotel Gets Boost from NIZ, Hockey Arena
The Express-Times | Jan. 15 | Economic Development | Local Finance Program | Tax Increment Finance (TIF)

Noise Solutions Opens Sharon Manufacturing Facility
Area Development | Jan. 15 | Access to Capital | Economic Development | State Finance Program | Tax Credits

Pittston Applies for $500K Grant for Newrose Hotel
The Times-Tribune | Jan. 15 | Community Development | Redevelopment | State Finance Program

$2M Grant Sought for Downtown Conneaut Lake
The Meadville Tribune | Jan. 15 | Community Development | State Finance Program


New Additions to the Online Resource Database

The New Real Estate Mantra: Locate Near Transit
Economic Development
The Center for Neighborhood Technology put out this report on the growing effort among planners, real estate professionals, and economists to identify not only the economic benefits of alternative transportation modes in and of themselves, but also the impact that they have on housing prices and value retention. The real estate mantra of "location, location, location" is more important than ever.

Brownfield Development Guide
Brownfield Financing | Redevelopment | State Finance Program
This Brownfield Development Guide draws on the Pennsylvania Department of Environmental Protection's 18 years of experience in cleaning up more than 4,760 sites and outlines the full spectrum of services and resources available for the often complex steps involved in redeveloping brownfield properties.

Doing Business in Allentown's Neighborhood Improvement Zone
Economic Development | Local Finance Program | Tax Increment Finance (TIF)
Created by state law in 2011, the NIZ is a special taxing district that encourages development and revitalization. This brochure is intended to introduce businesses to the NIZ, summarize their requirements and point them toward additional information.

PIDC New Markets Tax Credit Program Fact Sheet
Access to Capital | Economic Development | Tax Credits | U.S. Dept. of Treasury CDFI Fund
The New Markets Tax Credit (NMTC) program is a federal tax credit program designed to generate private-sector capital investment in low-income areas. This fact sheet provides a background of the program, outlining eligibility, uses, financing and the procedure for receiving funds.


Sponsors

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

New Members

South Union Township - Uniontown, PA


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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