Register for CDFA's Intro Tax Credit Finance WebCourse, taking place on September 25-26. Join us in learning about the application of tax credit programs and their use in greater economic development finance efforts. Our panel of expert speakers will discuss tax credit programs, including new markets, low-income housing, historic preservation, and state-specific programs.

Nebraska City commissioners are pursuing a tax increment finance (TIF) plan for GoodLife Agriculture and its $190 million investment in Atlantic salmon farming on the north side of town. Construction of a facility at the city's former north industrial site is expected to cost $130 million and equipment will cost another $56 million. Tax increment financing allows new property taxes the development creates to redevelop blighted and substandard land.  Meeting records say $21 million of the project qualifies for TIF and the company is seeking financing for $12 million.

CDFA was honored to launch the Louisville Metro Government (LMG) Strategic Development Finance Framework we authored for LMG in early August. The plan was presented to community stakeholders in Louisville and is part of LMG's launch of their new economic development organization called LEDA. Our framework will guide their efforts to build development finance capacity and structure. Congratulations to our CDFA authors Toby Rittner, Fawn Zimmerman, and Andres Caro. Contact Fawn Zimmerman at fzimmerman@cdfa.net for inquiries about CDFA Advisory Services.

A long-debated new tax increment (TIF) plan – called Moving Downtown Forward, which would extend downtown's TIF 97 plan by another 30 years – took a major step forward after Traverse City Downtown Development Authority (DDA) board members unanimously approved it, sending it on to city commissioners for final approval.

City and business leaders want to change the economic landscape of Downtown Albuquerque — a problem that has plagued many administrations over the years — and they're offering up a series of initiatives to do just that. City officials plan to implement a Tax Increment Financing (TIF) district in Downtown Albuquerque. They also plan to urge business owners to create a Business Improvement District (BID) a mechanism used in other cities throughout the country to boost commercial efforts.

Missoula County has approved the Grass Valley Gardens subdivision at the Wye, a development that will eventually include several hundred housing units, a mini-farm, and a commercial "town center." The county has noted the Wye's current lack of infrastructure and has labeled it "infrastructure deficient." In doing so, it created two Targeted Economic Development Districts at the Wye, which will capture tax increment as new development moves in.

More recreational green space will soon come to Summerville as the Legislative Delegation and Dorchester County are partnering with the Summerville YMCA to develop a new sports complex. $10.3 million of the Tax Increment Finance (TIF) funds were allocated towards the new sportsplex. The extra $2 million in funding was designated by the Legislative Designation.

Join CDFA for an exclusive online workshop that will dive deep into the Greenhouse Gas Reduction Fund (GGRF) and its pivotal components, including the $14 billion National Clean Investment Fund (NCIF) and the $6 billion Clean Communities Investment Accelerator (CCIA). The GGRF Readiness Workshop will equip you with the knowledge and tools needed to navigate and leverage these significant funding opportunities effectively. Don't miss out on the chance to enhance your funding strategy and boost your project's success!

2024 CDFA Equitable Lending Learning Series: Development Finance Data Collection and Measurement
September 4, 2024 - 1:00 PM - 3:00 PM Eastern

CDFA-Bricker Graydon Webinar Series: Financing Green Energy with PACE and Special Assessments
September 10, 2024 - 2:00 PM - 4:00 PM Eastern

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