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CDFA Colorado Financing Roundtable Newsletter - August 2017
August 16, 2017
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CDFA Colorado Financing Roundtable Newsletter

Feature

Six CO Coal Counties Could Get Benefit From Bennet Bill
The Coal Community Empowerment Act would designate six counties in Colorado -- among 90 across the country -- as Coal Community Zones, which Bennet labels Coal Communities. Designated counties would be eligible for "a powerful array of place-based incentives," the senator's office said.

First Southwest Community Fund Begins Microloan Program
The First Southwest Community Fund, a 501c3 nonprofit supported by First Southwest Bank, was recently one of three awardees to receive funds through the Colorado Office of Economic Development and International Trade (OEDIT) to create a revolving loan fund.

Advanced Industries (AI) Export Accelerator Grant Program: Now Accepting Applications
Grants are available for up to $15,000 for eligible costs for small and medium-sized AI businesses in aerospace, infrastructure engineering, advanced manufacturing, energy and natural resources, bioscience, electronics, and technology and information.

U.S. News Ranks CO as the Top Economy in the US
Colorado stands out as the top state for its economy in several rankings. Lesser-populated states, North Dakota and Utah, rank highly – 2nd and 4th. And the nation's three biggest states, California, Texas and Florida, stand among the top 10 economically.

Fifteen Rural Communities Picked for Blueprint 2.0 Initiatives
Blueprint 2.0 leverages state partnerships and specialized resources to address the unique economic development goals of rural Colorado. Launched in 2015, Blueprint 2.0 is a bottom-up effort to turn regional feedback on local economic needs into a statewide set of initiatives to advance the economies of rural communities.

Isolated CO Mountain Towns Struggle to Survive
The struggle to survive, to attract young families to balance out the retirees, to find people hardy enough for year-round, high-elevation living, leads to conflict between preserving an authentic vibe and becoming a gimmicky tourist trap, between retirees and young bloods, between second-home owners and permanent residents.

The CO Research and Development Tax Credit is Successful
Since the Colorado Research and Development (R&D) Tax Credit was first introduced, the R&D community has exploded in the state, with laboratories and business moving their business and research operations to Colorado.

Upcoming Events

CDFA Brownfields Financing Webinar: Hazardous to Healthy: Financing Solutions for Recovering Brownfields
August 31, 2017 - 2:00 - 3:30 PM Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss how the finance toolbox can be used to compliment the redevelopment and cleanup of your brownfield project.

Colorado News

$12.6M Tax Credits Support Lockheed Martin Expansion in CO
The Denver Post | Aug. 3 | Tax Credits

$1.3M CO Tax Credit Attracts Inocucor Expansion in Denver
Area Development | Jul. 27 | Tax Credits

CO Offers $22M Tax Credits to Attract Two Companies to Denver
Denver Business Journal | Jul. 21 | Incentives | Tax Credits


Sponsors

State Partner

Colorado Housing and Finance Authority Colorado Office of Economic Development and International Trade Downtown Colorado, Inc. Economic Development Council of Colorado

Venue Sponsor

Federal Reserve Bank of Kansas City - Denver Branch

Principal Sponsor

Colorado Housing and Finance Authority

Premium Sponsor

Kutak Rock LLP

Supporting Sponsor

First Southwest Bank

For information about sponsoring the CDFA Colorado 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

  • Alaska Industrial Development and Export Authority
  • Baker Tilly Virchow Krause
  • Ballard Spahr LLP
  • BNY Mellon
  • Bricker & Eckler LLP
  • Bryan Cave LLP
  • Business Oregon
  • CohnReznick
  • FBT Project Finance Advisors LLC
  • Frost Brown Todd, LLC
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • MB Financial Bank, NA
  • McCarter & English, LLP
  • McGuireWoods
  • Miles & Stockbridge P.C.
  • NW Financial Group, LLC
  • SB Friedman Development Advisors
  • Squire Patton Boggs
  • Stern Brothers & Co.
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
Become a Sponsor