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CDFA Washington Financing Roundtable Newsletter - November 2015

CDFA Washington Financing Roundtable Newsletter - November 2015
November 18, 2015
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CDFA Washington Financing Roundtable Newsletter

Feature

King County Metro Sells Four Acres for Convention Center Expansion
The Washington State Convention Center plans to issue about $1.1 billion in bonds for an expansion project. According to Seattle Times, the deal with King County Metro will require the convention center to set aside $5 million for affordable housing either on-site or off-site.

Chinese Developer Eyes Mixed-Use Development for Tacoma
The Puget Sound Business Journal reports that after two years of searching, Tacoma officials are considering Xunkun Luo's company to develop a mixed-use university village project for the University of Washington's Tacoma branch campus.

Sea-Tec, Community Eyes Airport Expansion
A 20-year plan is being considered by port and local leaders to expand the Sea-Tec Airport. According to Puget Sound Business Journal, there is opportunity to leverage the expansion in order to build the economic engine in the region.

Northwest Seaport Alliance Outlines Seattle-Tacoma Development Plan
The Northwest Seaport Alliance unveils its goals and strategies that will guide the development of the Seattle-Tacoma gateway.

Lake City Senior Project Combines FHA and EB-5
According to the Daily Journal of Commerce, CBRE Group announced financing for construction of Lake City Senior Apartments using the US Department of Housing and Urban Development's new construction mortgage insurance program and the EB-5 visa program.

CDFA Retains Lobbyist Eric Silva with New Firm
CDFA is pleased to announce the selection of North South Government Strategies (NSGS) as the Council's legislative representation on Capitol Hill. Eric Silva, Founding Partner with NSGS, will continue his work as CDFA's legislative representative.

Upcoming Events

Intro Property Assessed Clean Energy (PACE) Finance WebCourse
The Intro Property Assessed Clean Energy (PACE) Finance WebCourse will delve into the process of creating a PACE program for a community from start to finish. Over the span of two days, all the pieces of PACE financing are analyzed including the bond issuance needed, enhancing investor appeal, discerning the regulatory matters, the realm of market potential and more. In the long run, the lowered utility bills and increased local jobs from PACE financing will benefit residents and businesses.

Washington News

Seattle Apartment Skyscraper Will Be Three Projects in One
Puget Sound Business Journal | Nov. 18 | Community Development | Economic Development | Urban Development

Renovate America Tops $1B in Loans
The LA Times | Nov. 16 | Economic Development | Energy Finance | Green Finance

Largest Investment Firm in the World, BlackRock, Partners with Climate Bond Initiative
Clean Technica | Nov. 5 | Economic Development | Energy Finance | Green Finance | International

Apartment Building Sale Signals Revaluation of Redmond, WA Real Estate
Puget Sound Business Journal | Nov. 4 | Community Development | Economic Development | Urban Development

Goldman Sachs to Invest $150B in Clean Energy Development
Fortune | Nov. 3 | Energy Finance | Green Finance

USDA Invests $210M in Renewable Energy, Biofuel Infrastructure Partnership
USDA.gov | Oct. 30 | Economic Development | Energy Finance | Federal | Green Finance | U.S. Dept. of Agriculture (USDA)

Impact Investments Leading the Next Wave of Development Finance Innovation
Dev Ex Impact | Oct. 22 | Federal | Foundations | Innovation Finance | International

S&P: Debt Financing of Infrastructure Could Hurt States' Credit
The Bond Buyer | Oct. 22 | Bond Finance | Infrastructure Finance | Public-Private Partnership (P3) Financing | State Finance Program

Poll: No Consensus on Road Funding
The Bond Buyer | Oct. 22 | Bond Finance | Infrastructure Finance | Public-Private Partnership (P3) Financing | State Finance Program


Sponsor

Conference Founding Sponsor

Kutak Rock LLP

Conference Supporting Sponsor

Public Financial Management

For information about sponsoring the Washington 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.


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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CDFA National Sponsors

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  • BNY Mellon
  • Bricker Graydon LLP
  • Business Oregon
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  • 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
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
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