CDFA Pennsylvania Financing Roundtable Newsletter - February 2017
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CDFA Pennsylvania Financing Roundtable Newsletter - February 2017
February 8, 2017
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CDFA Pennsylvania Financing Roundtable Newsletter

Feature

CDFA Releases 2017 Policy Agenda
CDFA is proud to release its 2017 Policy Agenda. Our agenda outlines numerous recommendations to some of the nation's most difficult development finance issues, and we hope that Congress and the Administration will use our recommendations as a roadmap to improvements in these areas. To read The Bond Buyer's overview, click here.

Grants, Loans, and Tax Credits Support Gordon Sinclair Move
Two PIDA loans, a $200,000 Pennsylvania First Program grant, $22,500 in Wednet PA funding for employee training and $200,000 in Job Creation Tax Credits will be distributed upon the creation of the 50 new jobs.

Preserving the Past while Building the Future in Philadelphia
In the six years since Philadelphia began to slowly reverse decades of population loss, the city has seen its share of real estate development controversies. Conversations have ranged from gentrification, tax abatements, and density, but more recently they have been focused on historic preservation.

Governor Wolf Approves Over $7M in PIDA Loans
Governor Tom Wolf has announced that new state investments through the Pennsylvania Industrial Development Authority (PIDA) program will help spur statewide development and will create and retain 143 jobs.

Governor Wolf Announces $81.9M for Clean Water Projects
This funding will support sixteen drinking water, wastewater and non-point source projects across twelve counties through the Pennsylvania Infrastructure Investment Authority (PENNVEST). $60.7 million will go towards low interest loans and $21.2 million is awarded through grants.

NMTC Coalition Urges Supporters to Sign Letter
The NMTC Coalition is sending a letter to Congress urging leadership to protect the New Market Tax Credit. Please consider signing their letter if you support this important development tool.

New P3 Ag. Board to Tackle Economic Development in PA
The 25-member panel arose from a partnership established last year between the Pennsylvania Department of Agriculture and Team Pennsylvania. The board will initially focus on identifying needs and opportunities to develop a trained workforce to fill vacancies in the food and fiber industries.

Upcoming Events

2017 CDFA Pennsylvania Financing Roundtable Webinar
March 22, 2017 - 1:00 - 3:00 PM Eastern
Join the CDFA Pennsylvania Financing Roundtable for a special one-day Webinar. 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 Pennsylvania economy going forward. Register today to reserve your spot at the 2017 CDFA Pennsylvania Financing Roundtable Webinar.

Intro Tax Credit Finance WebCourse
February 15 - 16, 2017 - 12:00 - 5:00 PM Eastern
The Intro Tax Credit Finance WebCourse examines the application of tax credit programs in greater economic development finance efforts. This course will discuss the practical application of tax credit programs including brownfields, new markets, low income housing, historic preservation, and state-specific programs.

CDFA Spotlight

CDFA Online Brownfields Project Marketplace
February 23, 2017 - 12:00 - 5:00 PM Eastern
CDFA is excited to offer the Brownfields Project Marketplace as an opportunity for communities to receive free technical assistance related to the redevelopment and financing of brownfield projects. Join us online on February 23, to consult with financing professionals and brownfield project experts who can help identify potential resources for your brownfield project.

Pennsylvania News

DCED Celebrates First Multi-Municipal Project Through Neighborhood Assistance Program
PA DCED | Feb. 3 | Economic Development | State Finance Program | Tax Credits

CDFA Agenda Includes Pushing for Bond Bills, Supporting Tax Exemption
The Bond Buyer | Feb. 2 | Bond Finance | Energy Finance | Federal | Legislative | Member News

$1M State Grant Supports Domtar Pipeline Expansion
The Courier Express | Jan. 27 | Infrastructure Finance

Lehigh Valley Makes Pitch for $7B iPhone Assembly Plant
The Morning Call | Jan. 26 | Economic Development | Incentives

PILOT Supports Construction of $51.5M Pittsburgh Hotel
Trib Live | Jan. 24 | Economic Development | Public-Private Partnership (P3) Financing | Urban Development


Sponsors

State Investor

NW Financial Group, LLC

For information about sponsoring the CDFA Pennsylvania 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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