CDFA Illinois Financing Roundtable Newsletter - January 2015

CDFA Illinois Financing Roundtable Newsletter - January 2015
January 14, 2015



Feature
Illinois Guidelines and Procedures for the Allocation of Private Activity Bonding Authority These Guidelines are provided by the Governor's Office to assist issuers in understanding how the Volume Cap allocation formula will be administered for 2015. TIF Leaves Legacy of Improvement in Hampton Trustees in Hampton, IL have voted to end TIF No. 2 two years early now that all the planned projects have been completed. Quad-Cities Online reports the same may happen with TIF No. 3, which expires in 2019. Clean Energy Challenge Expects to Award $1M in Startup Funding Clean Energy Trust is expecting to double the amount they award out this year through the Clean Energy Challenge accelerator program, according to the Chicago Tribune. Most of the money will be given in the form of notes either repaid with interest or converted to equity if the company grows. Maryville, IL Pursues First TIF District The Belleville News Democrat reports that Maryville, IL is pursuing its first TIF district. The district would span 585 acres and 308 parcels and would help fund major infrastructure projects located along Illinois 159. Rep. Hultgren Defends Munis to GFOA According to The Bond Buyer, Rep. Hultgren defended municipal bonds at the GFOA's winter meeting. Hultgren introduced two bond-related bills in 2014, which he said he will likely reintroduce early this year. One of the bills Hulgren introduced is CDFA's Modernizing American Manufacturing Bonds Act.
Upcoming Events
Fundamentals of Economic Development Finance WebCourse January 28-29, 2015 The Fundamentals of Economic Development Finance Course is the foundation for all of CDFA's educational offerings. This course will help you understand the variety of development finance tools available, from bonds, tax credits and TIF, to federal financing programs, RLFs, and access to capital lending resources.
Illinois News
Big Banks Park Energy Sector Bonds in US Money Funds Business Insider \| Jan. 12 \| Bond Finance \| Energy Finance \| Green Finance Rockton, IL Votes to Expand Chemtool TIF BDN Connections \| Jan. 12 \| Tax Increment Finance (TIF) Brownfields 2015 Conference Call for Mobile Workshop Ideas Brownfieldsconference.org \| Jan. 9 \| Brownfield Financing Lake Forest, IL Gives First OK to Downtown Tax District Chicago Tribune \| Jan. 9 \| Access to Capital \| Brownfield Financing \| Tax Increment Finance (TIF) How to Use Impact Bonds to Finance Social Good Barron's \| Jan. 5 \| Bond Finance \| Community Development \| Local Finance Program USDA Publishes Final Rule for REAP Program Biomass Magazine \| Jan. 5 \| Energy Finance \| Green Finance \| U.S. Dept. of Agriculture (USDA) States Will Have Greater New Capacity to Issue PABs in 2015 The Bond Buyer \| Dec. 312014 \| Bond Finance \| State Finance Program Tax Credit Brokers Accelerate Economic Activity Gaebler.com \| Dec. 292014 \| Tax Credits EPA Environmental Education Local Grants -- Solicitation Notice Grants.gov \| Dec. 292014 \| Access to Capital \| Brownfield Financing \| U.S. Environmental Protection Agency (EPA) Brookings: State, Local Debt Load Make P3s Attractive The Bond Buyer \| Dec. 292014 \| Public-Private Partnership (P3) Financing Retail Investment Expands in Clean Energy Markets Clean Energy Finance Forum \| Dec. 242014 \| Bond Finance \| Energy Finance \| Green Finance 2014: A Year of Action, Partnership, and Innovation at USDA The White House Blog \| Dec. 242014 \| Rural Development \| U.S. Dept. of Agriculture (USDA) Congress Extends QZABs, NMTCs; Effect of Sequestration McGuireWood \| Dec. 232014 \| Bond Finance \| Legislative \| Tax Credits \| U.S. Dept. of Treasury \| Federal Long-Awaited Little Village Park to Open in Chicago, IL Chicago Tribune \| Dec. 192014 \| Brownfield Financing \| State Finance Program Pew/CREC Business Incentives Initiative Update Smart Incentives \| Dec. 182014 \| Access to Capital \| State Finance Program \| Tax Credits Reshoring Starting to Reshape US Manufacturing South Bend Tribune \| Dec. 162014 \| Reshoring Manufacturing Future of Mt Sterling TIF District Looking Bright World Now \| Dec. 152014 \| Tax Increment Finance (TIF) Cobden Considers Establishment of TIF Area The Gazette-Democrat \| Dec. 152014 \| Tax Increment Finance (TIF) >>> SEARCH HEADLINES
Sponsors
Annual Roundtable Sponsor For information about sponsoring the CDFA Illinois 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.