CDFA Kentucky Financing Roundtable Newsletter - May 2016

CDFA Kentucky Financing Roundtable Newsletter - May 2016
May 11, 2016



Feature
Factsheet: Kentucky Collateral Support Program (KYCP) The Kentucky Collateral Support Program provides a pledged asset to an enrolled lender of up to 20% of their loan in order to enhance the collateral coverage of a small business borrower that is otherwise qualified but unable to meet the lender's security requirements. KY Agrees to Offer New Incentives to AK Steel A measure to sweeten economic incentives aimed at swaying AK Steel to rejuvenate idled operations at its Ashland steel mill was signed into law by Kentucky Gov. Matt Bevin. Webb Cos., Banks to Fund $38M Centrepointe Parking Garage The Webb Cos. spent $7 million of its own money to excavate a underground CentrePointe parking garage, and it will spend more of its funds to build the $38 million structure, the companies' co-founder said. Federal Prisons Will Save Water, Energy through ESPC The Federal Bureau of Prisons has awarded Siemens a $38.6 million contract to conduct 44 projects involving energy and water conservation equipment at the Federal Correctional Institution in Ashland and the Federal Medical Center in Lexington. KY P3 Legislation Signed Into Law Gov. Matt Bevin signed into law April 8 a bill authorizing state and local governments to use public-private partnerships to develop transportation and other types of infrastructure projects.
Kentucky News
March 2016 Tax Credits & Incentives Update Lexology \| Apr. 21 \| Incentives \| Legislative \| State Finance Program \| Tax Credits USDA Food LINC to Strengthen Local Supply Chains Lancaster Farming \| Apr. 18 \| Food Systems Finance \| Public-Private Partnership (P3) Financing \| U.S. Dept. of Agriculture (USDA) Paducah to Study TIF District Paducah Sun \| Apr. 13 \| Tax Increment Finance (TIF) >>> SEARCH HEADLINES
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New Members
Kentucky League of Cities - Lexington, KY
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.