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CDFA Ohio Financing Roundtable Newsletter - March 2014

CDFA Ohio Financing Roundtable Newsletter - March 2014
March 26, 2014
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CDFA Ohio Financing Roundtable Newsletter

Feature

OH House Bill Would Allow Owners to Opt Out of TIF District
A bill introduced in June 2013 that would allow parcel owners to opt out of incentive-district TIFs was recently voted out of the Ohio House of Representatives State and Local Government Committee.

State Officials: Tax Climate Key to Growing Businesses
Leaders from the Ohio statehouse spoke to 100 members of the Dayton Area Chamber of Commerce to get the word out about several tax programs they say will put money into the hands of businesses and help them grow.

DevelopOhio Economic Incentives Toolkit
This guide from Bricker & Eckler and Argus Growth Consultants outlines the array of tools with which Ohio economic development practitioners can stimulate development to occur in their communities. It also assists practitioners by identifying programs, clarifying changes to existing programs, and introducing effective new options to consider.

Columbus, Ohio, Revs Downgraded to AA by Fitch
Fitch Ratings said it downgrades its long-term ratings and affirms the short-term ratings on certain outstanding revenue bonds.

Worthington Loan Program Designed to Spark Business Growth
The Re-emergent Corridor Assistance Program (ReCAP) is intended to create jobs and attract new buyers and renters for properties in the Huntley-Proprietors Road corridor by offering a mixture of grant funds and interest-free loans for improvements.

National Clean Energy Financing Perspectives - Keynote Presentation
Toby Rittner with CDFA presented this keynote address for Green Energy Ohio's conference entitled "National Clean Energy Financing Perspectives." Rittner highlights major state initiatives undertaken to support energy investments.

Upcoming Events

2014 Ohio Financing Roundtable Conference
September 9, 2014 - Columbus, Ohio
Join the CDFA Ohio Financing Roundtable this September 9, for our sixth annual conference focused on "Development Finance Best Practices: Programs and Tools that Work." This one-day conference will feature a number of economic development finance experts and leaders from around the state discussing new development finance tools, resources, authorities, and approaches and how these methods can move Ohio's economy forward.

Ohio News

Federal Hocking Weighs Options on Holzer Tax Exemption
WOUB | Mar. 25 | Bond Finance | Rural Development | Tax Abatements

$2.4M Local Investment Announced, Will Create 20 Jobs
WKYC | Mar. 25 | Access to Capital | Economic Development | Foundations | State Finance Program

City Tax Breaks May Augment $2M Cuyahoga County Loan
Northeast Ohio Media Group | Mar. 25 | Access to Capital | Local Finance Program | Tax Abatements

Dublin Reaches TIF Deal with Schools for Bridge Street District
Columbus Business First | Mar. 21 | Local Finance Program | Redevelopment | Tax Increment Finance (TIF)

Loan Fund Opens for Nonprofit Capital Improvements
Cincinnati.com | Mar. 19 | Access to Capital | Revolving Loan Funds (RLFs)

State Rep. Boose Introduces Bill to Streamline NMTC Program
Norwalk Reflector | Mar. 19 | Access to Capital | Economic Development | Legislative | State Finance Program | Tax Credits


New Additions to the Online Resource Database

GEO Guide to Green Energy Financing and Incentives
Access to Capital | Bond Finance | Energy Finance | Green Finance | Local Finance Program | State Finance Program | Tax Credits
Green Energy Ohio offers this comprehensive collection of clean energy financing tools available to residents and businesses in Ohio, as well as summaries of each funding type.

Entrepreneurial Appalachia: Case Studies in Evolving Economic Sectors
Access to Capital | Energy Finance | Food Systems Finance | Innovation Finance | Local Finance Program | Rural Development
The Appalachian Regional Commission commissioned this report to examine innovative projects that demonstrate benefits to rural and underserved communities. The case studies encompass energy, healthcare, manufacturing, and local food systems.


Sponsors

Annual Roundtable Sponsor

Bricker & Eckler LLP Finance Fund Frost Brown Todd, LLC Ice Miller LLP KeyBanc Capital Markets Roetzel & Andress Squire Sanders

Conference Premium Sponsor

Cleveland International Fund

Conference Supporting Sponsor

Development Finance Authority of Summit County Piper Jaffray & Co.

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

New Members

Long Economic Development Advisors, LLC - Columbus, OH

Cardea Partners - Derivatives and Debt Advisory - Westlake, OH


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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CDFA National Sponsors

  • Alliant Insurance Services, Inc.
  • BNY Mellon
  • Bricker Graydon LLP
  • Business Oregon
  • CohnReznick
  • Frost Brown Todd LLP
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • The Bond Buyer
  • U.S. Bank
  • Wells Fargo Securities
Become a Sponsor