Wesley Commons is using a $27.11 million bond issue through the South Carolina Jobs-Economic Development Authority (JEDA) to lower the financing costs of prior expansions at its Greenwood retirement community.

ATLANTA – The U.S. Environmental Protection Agency (EPA) awarded a $1,156,250 grant to the South Carolina Department of Health and Environmental Control (SCDHEC) to help protect human health and the environment.

South Carolina's solar capacity is ballooning, spurred by tax credits, and caused the small town of Cottageville to go fully renewable.

Several communities in SC will get a share of more than $13 million in grant funds for water, sewer and drainage infrastructure projects. The funds are coming from the S.C. Rural Infrastructure Authority.

The South Carolina General Assembly recently enacted a nonrefundable state Earned Income Tax Credit (EITC), benefiting working families. This credit passed through inclusion in H 3516, the South Carolina Infrastructure and Economic Development Reform Act, informally known as the Roads Bill.

The budget agreement worked out in Congress disappointed every member of the South Carolina delegation after a highly desired nuclear power plant tax credit was left out. At issue is a credit Congress created in 2005 to incentivize nuclear power production. But it gave plants a 2020 deadline to complete their work in order to qualify. 

BAE Systems, Inc. has announced it is expanding its Aiken County operations and the Coordinating Council for Economic Development has approved job development credits related to this project. 

The Intro Food Systems Finance WebCourse examines the development finance programs that sustain a local food system and how investments in that system can drive economic development on a broader scale. Topics covered include federal, state, and local sources of capital, stakeholders involved in the financing process, and case study examples that showcase the variety of financing programs.

Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss how the finance toolbox can be used to compliment the redevelopment and cleanup of your brownfield project.

Ivory Mathews discusses how important contributor's to a community's workforce are in need of affordable housing close to their jobs. Workforce housing produces a more sustainable local economy which allows workers to afford to live near their place of employment. Learn how this movement is building in South Carolina and learn about the different financing tools that can be assembled to address the gap needed to make workforce housing available.

Sara Hazzard with SCEDA and Tushar Chikhliker with Nexsen Pruet discuss the latest legislative updates in South Carolina. What development finance topics are being discussed in the statehouse? Is there recent legislation that will have an impact on the economic development industry?

Harry Huntley with JEDA discusses how this long-standing too, bonds, can be used today to provide a significant portion of a project's capital stack with a special focus on bond financing programs in South Carolina. Harry walks through bond deals and explores strategies for maximizing the tool throughout the state.

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