CDFA Wisconsin Financing Roundtable Newsletter - March 2017

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CDFA Wisconsin Financing Roundtable Newsletter - March 2017
March 8, 2017
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CDFA Wisconsin Financing Roundtable Newsletter

Feature

Welcome to the All New CDFA.net Featuring State Pages
CDFA is proud to announce the new CDFA.net website. A year in the making, this new site provides all of CDFA's vast resources with better style, navigation and resources. New additions to the website include state focus pages. Check out events, news, and resources available in Wisconsin and all that we have to offer today.

WHEFA Completes $7.4M Bond Finance for Charter School
Bond financing facilitated by WHEFA was used by Launchpad Milwaukee to finance the acquisition of Southside Community Prep, an existing K-5 charter school located in Milwaukee, Wisconsin.

Two Milwaukee Start-Ups Receive Tax Credits To Spark Expansion
According to Wisconsin Economic Development Corporation, Access HealthNet Holdings Inc., a healthcare technology startup, is eligible for up to $500,000 in tax credits. Mikroflot Technologies LLC, which has developed an innovative method for treating wastewater, has been certified for up to $312,500 in credits.

Governor Walker Wants to Bring Back State Business Loans
Gov. Scott Walker wants to bring back state business loans less than two years after he dropped the once-controversial program. At the time, an audit found several reasons for concern such as job creation numbers not being verified and contracts with provisions not required by law.

Certified Sites Program Now Accepting Applications
The program is open to industrial properties 20 acres or larger. A Certified Site designation indicates that a wide range of concerns have been considered—environmental/geological factors, transportation access, utility/infrastructure capacity, zoning, property rights—and that the site is ready for industrial development.

Walker Calls for $10M Annual Historic Tax Credit Cap
Governor Walker has proposed to limit the Historic Rehabilitation Tax Credit program to no more than $10 million a year. He called for the same limit two years ago, but was brushed back by the Legislature after a forceful lobbying effort by development, municipal and historic preservation groups.

Upcoming Events

Intro Incentives WebCourse
April 5 - 6, 2017 - Daily: 12:00 - 5:00 PM Eastern
This course will consider how incentives are being used in today's economic environment and outline steps that are being taken to reduce risk and achieve better outcomes. In particular, this course will address the characteristics of well-designed incentive programs and processes to ensure meaningful impact, value, and accountability.

CDFA // BNY Mellon Webcast Series: Is There a New Markets Tax Credit Surplus?
April 18, 2017 - 1:00 PM Eastern
After the latest round of allocations from the CDFI Fund, there are now more New Markets Tax Credits available than there are qualifying projects. This webcast will explain the double allocation of tax credits that occurred during the last round and explore how this is affecting the tax credit markets. During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, our expert speakers will provide an inside look into how these tax credits can be leveraged and consider opportunities that a surplus creates for qualifying projects.

Wisconsin News

New Look, Same Location: CDFA's Website Update
CDFA | Feb. 23 | CDFA Original Research | Member News

Opportunities Exist With Autonomous Cars in WI
Milwaukee Business News | Mar. 2 | Economic Development

WHEDA Launches New Homebuyer Assistance Program
Milwaukee Journal Sentinel | Mar. 2 | Community Development


Sponsor

Premium Sponsor

Wisconsin Health and Educational Faciltities Authority

For information about sponsoring the Wisconsin 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
  • Bank of America, Merrill Lynch
  • 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
  • NW Financial Group, LLC
  • S.B. Friedman & Company
  • Squire Patton Boggs
  • Stern Brothers & Co.
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
Become a Sponsor