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CDFA Energy and Water Finance Newsletter
June 19, 2018
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Energy & Water Finance Update


Treasurer Chiang Helps CA Find Gold in Green Energy Efficiency Improvements 
California residents can tap into more attractive financing to make their homes more energy efficient and comfortable thanks to the Residential Energy Efficiency Loan Program (REEL). REEL has helped finance more than 180 projects, representing over $3 million in financing.

East Valley, CA, Water District Secures $126M in Funding for Recycled Water Plant
The Sterling Natural Resource Center (SNRC) recently secured $126 million in funding from the California State Water Resources Control Board to construct a facility that will produce recycled water and offer additional community benefits.

States Request $82B for Water Infrastructure
New data show that project requests to fund water and wastewater infrastructure projects through the U.S. EPA-administered State Revolving Fund (SRF) Program have increased 25 percent since last year according to new analysis from Bluefield Research.

City of Preston, ID, Wins Water Improvement SRF Loan
The city of Preston won approval of a $1,046,577 low-interest loan from the Idaho Department of Environmental Quality (IDEQ). The funds will be used to help replace aging drinking water distribution pipes and to extend a distribution line.

State Funding to Support Nine Energy Projects in PA
The approved projects include grants to support the purchase and installation of combined heat and power (CHP) systems, the renovation and construction of highly energy-efficient school buildings, the implementation of environmentally-friendly and economical manufacturing technology, and the purchase of wind turbines to harness renewable wind energy.

Using State Revolving Funds for Land Conservation
States can now apply an emerging and innovative use of SRFs known as "sponsorship" that allows public, nonprofit and private entities access to financing necessary to implement land conservation and restoration projects that benefit local water quality.

WA State's Energy Northwest Sells $635M in Electric Revenue Bonds
Energy Northwest sold $635 million of electric revenue bonds. The deal includes $230.2 million in tax-exempt bonds for the Columbia Generating Station, a nuclear generator about 160 miles southeast of Seattle, and $399 million for Project 3, a partially completed nuclear facility about 70 miles southwest of Seattle.

Go Back to The Well: Water Infrastructure Opportunities
This report, produced by the National Resources Defense Council, discusses the power of State Revolving Funds (SRFs) and analyzes how increasing the capacity of SRFs could help to vastly improve water infrastructure throughout the country.

EPA Extends Deadline to Apply for a WIFIA Water Infrastructure Loan
The U.S. Environmental Protection Agency (EPA) has announced that the deadline to submit letters of interest for Water Infrastructure Finance and Innovation Act (WIFIA) loans has been extended to July 31, 2018.

Upcoming Events
Intro Public-Private Partnership (P3) Finance WebCourse
Energy Finance News

TIF and PACE Being Proposed for Lorain, OH, Building
The Chronicle | Jun. 15 | Tax Increment Finance (TIF) | Energy Finance | Property Assessed Clean Energy (PACE)

Will New Federal Rules Slow PACE Financing?
Florida Realtors | Jun. 15 | Property Assessed Clean Energy (PACE) | Energy Finance | Green Finance | Federal

DOE Loan Guarantee Program Fuels Innovation
Clean Energy Finance Forum | Jun. 13 | Access to Capital | Energy Finance | U.S. Dept. of Energy (DOE)

Renewable Energy Tax Credit Briefs - June 2018
Novogradac & Co. | Jun. 8 | Energy Finance | Tax Credits

Peregrine Boutique Hotel in Downtown Omaha is Partly Financed by Clean-Energy Program
Omaha | May. 21 | Energy Finance | Property Assessed Clean Energy (PACE) | Tax Increment Finance (TIF)

Delaware, OH Approves $3.9M Tax Abatement for Service Station
The Delaware Gazette | May. 17 | Energy Finance | Incentives

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 visit CDFA.net or email info@cdfa.net

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

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CDFA National Sponsors

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  • Business Oregon
  • CohnReznick
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  • NW Financial Group, LLC
  • SB Friedman Development Advisors
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  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
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