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CDFA Ohio Financing Roundtable Newsletter - July 2017
July 12, 2017
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CDFA Ohio Financing Roundtable Newsletter


Early Bird Rates End This Friday for CDFA Summer School
August 7-11, 2017 - Minneapolis, MN
CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the Development Finance Certified Professional (DFCP) Program. Join us in Minneapolis, and start down the road to personal and professional advancement. Courses include: Fundamentals of Economic Development Finance, Intro Bond Finance, Intro Brownfields Finance, Intro Energy and Water Finance, and Intro Revolving Loan Fund.

House Bill 49 Will Make it Easier to Clean OH Brownfields
Greater Ohio's proposal to amend the Urban Renewal Projects Law has been accepted by the Ohio Senate and became law with the passing of the final version of House Bill 49. The link above will direct you to the newly passed legislation.

Urban Shepherd Looking at Setting up RLF for Future Projects
Urban Shepherds started as a way to mow a vacant lot in Cleveland with sheep instead of spending money on mowing. The project's long-term goal is to have a revolving loan fund set up so there is always money for people to borrow to get other areas started.

Evaluation of Tax Abatements in Franklin County, Ohio
This report by Lincoln Institute of Land Policy analyzes the effectiveness of two major property tax abatement programs in Franklin County, Ohio. This study tests the economic impact and fiscal impact.

Cincinnati's Union Terminal Receives $5M Preservation Tax Credit
The tax credit was the final piece of financing that Cincinnati Museum Center was pursuing for the massive restoration project. The total project cost now stands at $233.5 million. The bulk of Union Terminal's renovation is being funded by a quarter-cent increase in Hamilton County's sales tax.

OH Green Building Program Completes Project in Sycamore Township
A youth sports center is the first building in Sycamore Township to use Ohio PACE program to finance a $650,000 energy improvement project that included the installation of rooftop solar energy panels, LED lighting retrofit, and the installation of new insulation panels in the facility's gymnasium.

Akron Community Revitalization Fund Receives $35K Grant
PNC Bank is providing a $35,000 grant to support Development Fund of the Western Reserve's Akron Community Revitalization Fund, which will help launch new businesses in inner-city areas targeted for revitalization.

Upcoming Events

CDFA Ohio Conference
September 7, 2017 - Columbus, OH
Join the CDFA Ohio Financing Roundtable, in partnership with OEDA, for the ninth annual conference. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Ohio economy going forward.

CDFA Summer School
August 7 - 11, 2017 - Minneapolis, MN
CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program.

Ohio News

State Tax Credits to Create $14.8M in New OH Payroll
Ohio Office of the Governor | Jun. 23 | Tax Credits

How Taxpayers Will Finance the Downtown Kroger Store in Cincinnati, OH
WCPO | Jun. 19 | Brownfield Financing | Tax Credits | Tax Increment Finance (TIF)

Riddell Opens its Largest Football Helmet Plant in North Ridgeville, OH
Cleveland.com | Jun. 19 | Brownfield Financing | Tax Increment Finance (TIF)

Global Engagement Key to OH Economic Development
JobsOhio | Jun. 19 | Economic Development

Cliffs Invests $700M in First Midwest Plant in Toledo, OH
Commercial Property Executive | Jun. 16 | Brownfield Financing


State Partner

Ohio Economic Development Association

Premium Sponsor

Bricker & Eckler LLP FBT Project Finance Advisors LLC Frost Brown Todd, LLC Ice Miller LLP KeyBanc Capital Markets Squire Patton Boggs Stifel Nicolaus Taft, Stettinius & Hollister LLP

For information about sponsoring the CDFA Ohio 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

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CDFA National Sponsors

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  • Ballard Spahr LLP
  • BNY Mellon
  • Bricker & Eckler LLP
  • Bryan Cave LLP
  • Business Oregon
  • CohnReznick
  • FBT Project Finance Advisors LLC
  • Frost Brown Todd, LLC
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  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • MB Financial Bank, NA
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  • Miles & Stockbridge P.C.
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  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
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