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CDFA Washington Financing Roundtable Newsletter - August 2017

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

Feature

WA Development Receives $11.8M in Financing
KeyBank's Community Development Lending and Investment (CDLI) team is providing $11.8 million in financing for the construction of Meriwether Place Apartments, in Vancouver, WA. The financing includes a $5.8 million construction loan and $6 million in low-income housing tax credit (LIHTC) equity.

WEDFA Offers Bonds to Finance Columbia Pulp
The Washington Economic Development Finance Authority has completed its offering of $133,600,000 in tax exempt bonds to finance an innovative, sustainable pulp mill that will be the first in North America to produce market pulp for papermaking without using trees.

RENEW Multi-Family Program Preserves WA Affordable Housing
The innovative RENEW Multi-family program helps preserve the supply of affordable housing by using energy and water efficiency upgrades to reduce owners' operating costs – lowering utility bills enough to offset the cost of the efficiency improvements.

WA Community Revitalization Board Invests $2.5M in Infrastructure
The Washington State Community Economic Revitalization Board (CERB) approved $2,572,039 in loans and grants for public infrastructure development and economic feasibility studies targeting business growth and job creation in six Washington communities.

EB-5 Aids Development of Renton, WA Hotel
A 12-story, 347-room hotel, in Renton, WA was built and financed with money invested through the EB-5 immigrant investor program. The new hotel created 175 jobs for local employees.

Upcoming Events

CDFA Washington Conference
October 10, 2017 - Seattle, WA
Join the CDFA Washington Financing Roundtable for a special one-day conference hosted at Foster Pepper PLLC in Seattle. 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 Washington economy going forward.

Sponsor

State Partner

Washington Economic Development Finance Authority Washington Higher Education Facilities Authority Washington State Department of Commerce Washington State Housing Finance Commission

Venue Sponsor

Foster Pepper

Premium Sponsor

KeyBanc Capital Markets Kutak Rock LLP

For information about sponsoring the CDFA 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

  • BNY Mellon
  • Bricker Graydon LLP
  • Bryan Cave Leighton Paisner LLP
  • Business Oregon
  • CohnReznick
  • 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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