The Council of Development Finance Agencies (CDFA) is pleased to announce the release of the CDFA Annual Volume Cap Report: An Analysis of 2013 Private Activity Bond & Volume Cap Trends. This report provides the most complete data for the use of volume cap and issuance of cap-subject private activity bonds nationwide.

The SEC charged a school district with misleading bond investors about its failure to provide contractually required financial information and notices. The case is the first to be resolved under the MCDC initiative to address materially inaccurate statements in municipal bond offering documents.

The CA State Board of Equalization (BOE) adopted a regulation to implement the Manufacturing and Research & Development Equipment Partial Sales and Use Tax Exemption, which applies to equipment used primarily in manufacturing or R&D.

The California Debt and Investment Advisory Commission (CDIAC) presents this two-part, intermediate level webinar focusing on the mathematical concepts and calculations underlying bond pricing and structure.

NASDAQ wrote this commentary centered around California's financial turnaround with respect to its budget and debt metrics, as recognized by a Moody's rating upgrade, and what this may mean for its ETFs.

Kutak Rock LLP provides information on the SEC MCDC Initiative including when and what must be self-reported, who can self-report, and considerations for issuers and underwriters.

August 27, 2014 - 1:00 pm PDT (4:00 pm EDT)
During this CDFA California Webcast in partnership with CALED, a panel of development finance experts from throughout the state will explore the depths and potential for unlocking the development finance toolbox in the Golden State.

October 9, 2014 - Long Beach
Join CDFA and CALED for the California Financing Roundtable Conference on October 9, 2014 as we focus on "Financing Economic Development: Best Practices & Steadfast Programs." CDFA is excited to partner with CALED to host this specialized initiative for the economic development and project finance professionals in the state. Register today to reserve your spot.

The U.S. Environmental Protection Agency (EPA) has awarded CDFA with a $997,572 Brownfields Training, Research, and Technical Assistance Grant. CDFA is one of only four organizations in the nation to receive funding through this opportunity. CDFA's cutting edge program will leverage the Council's vast network to build public-private financing partnerships for brownfield projects and programs nationwide.

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The National Trust for Historic Preservation produced a policy report on the states' historic tax credits and what makes a state tax credit work.

This annual CDFA report reviews the use of private activity bond volume cap and the issuance of cap-subject private activity bonds in every state.

This paper from the Northeast-Midwest Institute provides case examples of brownfield financing tools that local governments have used to leverage private dollars, improve the developer's financial position, reduce lender risk, or fund property improvements needed for redevelopment to proceed.

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