Gov. Rauner's office announced that the Illiana toll road project had been removed from the state's multi-year transportation plan. However, the governor stopped short of declaring the project dead, according to the Chicago Tribune.

An EPA brownfields grant has helped the City of Danville leverage additional funding, including $111 thousand in city cash and in-kind services for redevelopment, community outreach, and administrative costs, as well as $361 thousand in private investment, according to Commercial News.

Rockford Advocate writes on the financial uncertainties developers face. The $67 million hotel redevelopment project is hoping to secure $22.5 million in tax credits and $25 million from EB-5 investors.

According to 14 News, Mt. Carmel city leaders are applying to the state to get enterprise zone status, which provides two benefits to businesses. One is reduced or eliminated real estate taxes. The other is exemption from sales tax on any items they buy for construction.

According to Crain's Chicago, Moody's has repeatedly warned Chicago of the need for tough decisions about budget cuts or tax hikes to make annual pensions payments.

August 10-14, 2015 - St. Louis, MO
CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the Development Finance Certified Professional (DFCP) Program. Join us in St. Louis, and start down the road to personal and professional advancement. Courses include: Fundamentals of Economic Development Finance, Intro Tax Increment Finance, Intro Public-Private Partnership (P3) Finance, Intro Bond Finance, and Intro Rural Finance.

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