CDFA Texas Financing Roundtable Newsletter - July 2015

CDFA Texas Financing Roundtable Newsletter - July 2015
July 22, 2015



Feature
City Receives Report on Hotel Grim from CDFA Site Visit As reported by TXK today, CDFA staff and technical advisors provided redevelopment recommendations for the Grim Hotel site located in Texarkana, TX. Building Local Food Systems to Foster Economic Growth The USDA reports that Texas is among the top five states for Federal local food investments as part of USDA's StrikeForce Initiative for Rural Growth and Opportunity, which coordinates USDA assistance in the nation's most economically challenged rural areas. U.S. Department of Commerce Invests $1.5M in TX According to KBTX News 3, the Village of Salado received a $1.5 million grant from the U.S. Department of Commerce to upgrade critical infrastructure and support business growth. CDFA Brownfields Financing Webinar Series: New Investments with New Market Tax Credits August 13, 2:00 – 3:30pm EDT Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss the recent allocation of $3.5 billion in New Markets Tax Credit awards by the U.S. Treasury Department's CDFI fund and the significant potential this tool has to support the financing of brownfields cleanup and redevelopment. TIF Funds Approved for Apartments in Downtown Fort Worth Two apartment projects received $7.6 million in tax increment financing funds in downtown Fort Worth, according to the Star-Telegram. The funds will help the combined $26.6 million projects with site work, utility relocations, road repairs, and streetscape costs.
Upcoming Events
CDFA Summer School 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.
CDFA Spotlight
Congress Reintroduces Modernizing American Manufacturing Bonds Act Rep. Hultgren (R-IL) and Rep. Neal (D-MA) introduced the Modernizing American Manufacturing Bonds Act (MAMBA) of 2015. H.R. 2890, supported by CDFA and hundreds of issuers throughout the country, is a comprehensive package that will modernize and revolutionize manufacturing bonds.
Texas News
House Subcommittee to Hold Hearing on Reauthorizing EPA Brownfields Program Smart Growth America \| Jul. 20 \| Access to Capital \| Brownfield Financing \| Legislative \| U.S. Environmental Protection Agency (EPA) CDFA Launches Brownfields Project Response Team Site Visit in Texarkana, TX CDFA \| Jul. 16 \| Access to Capital \| Brownfield Financing \| CDFA Original Research Putting the Public Back in Public Finance The New York Times \| Jul. 13 \| Access to Capital \| Bond Finance \| Economic Development Next 12 IMCP Designees Announced EDA \| Jul. 9 \| Economic Development \| Federal \| U.S. Dept. of Agriculture (USDA) \| U.S. Dept. of Commerce (DOC) \| U.S. Dept. of Defense (DOD) \| U.S. Dept. of Housing & Urban Affairs (HUD) \| U.S. Dept. of Transportation (DOT) \| U.S. Economic Development Administration (EDA) \| U.S. Environmental Protection Agency (EPA) \| U.S. Small Business Administration (SBA) P3's Offer Alternative Model for Water Infrastructure Projects Lexology \| Jul. 6 \| Infrastructure Finance \| Public-Private Partnership (P3) Financing Rural America Matters: Investing in Rural Communities Farm Credit \| Jul. 2 \| Infrastructure Finance \| Public-Private Partnership (P3) Financing \| Rural Development \| U.S. Dept. of Agriculture (USDA) Enroll Now! CDFA Brownfields Project Marketplace CDFA \| Jun. 30 \| Access to Capital \| Bond Finance \| Brownfield Financing \| Community Development \| Infrastructure Finance \| Public-Private Partnership (P3) Financing \| Revolving Loan Funds (RLFs) \| Rural Development \| Tax Credits \| Tax Increment Finance (TIF) \| U.S. Environmental Protection Agency (EPA) P3's Can Solve States' Infrastructure Woes NCPPP \| Jun. 30 \| Bond Finance \| Infrastructure Finance \| Public-Private Partnership (P3) Financing Texas Transportation Commission Adds Projects The Bond Buyer \| Jun. 29 \| Infrastructure Finance \| State Finance Program Arlington Council Creates City Economic Development Corporation Star-Telegram \| Jun. 29 \| Economic Development Buying Visas with Investments Is Big Business, and Congress Is Taking Notice The Washington Post \| Jun. 29 \| Access to Capital \| EB-5 Visa \| Economic Development >>> SEARCH HEADLINES
Sponsors
Roundtable Partner Conference Supporting Sponsor For information about sponsoring the CDFA Texas 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.