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CDFA Virginia Financing Roundtable Newsletter - July 2017
July 5, 2017
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CDFA Virginia Financing Roundtable Newsletter


Virginia Food Co-Op Expands Aided by RLF
Natural Harvest Food Cooperative in Virginia has been around since 1979 selling natural foods and recently outgrew the space they were in. In order to expand they utilized multiple types of financing including a revolving loan fund.

Bond Revenue Funding Auxiliary Gym in Laffayette, VA
A new auxiliary gym in Laffayette, VA, is one step closer to fruition due to a new $2.2 million contract for the project. The project will be funded in part by the James City County bond revenue.

VA Transportation Board Approves $18.6B Improvement Program
Virginia's Commonwealth Transportation Board (CTB) has approved the most recent $18.6 billion Six-Year Improvement Program for the Virginia Department of Transportation (VDOT) and the Department of Rail and Public Transportation.

VA Solar Jobs Outnumber Coal Jobs For First Time
Virginia has long been coal country, but the solar power industry has been increasing its foothold in the Commonwealth over the last few years. And now, Virginia has more jobs in the solar industry than the coal industry marking a significant shift in energy development.

Moving City Hall to Town Center Could Bring $100M to Virginia Beach
A developer in Virginia is proposing to move the city hall to the Town Center in a deal which could bring $100 million in additional capital to the city's strategic growth area.

$251M in Revenue Bonds for Educational Equipment Issued in VA
The Virginia College Building Authority is issuing Educational Facilities Revenue Bonds in the amount of $251 million the week of June 5, 2017. The bonds consist of two series. Series 2017A is a $76 million issue to be used to acquire equipment for public higher education institutions.

Martinsville, VA, to Spend $3.8M Less Than Expected on Sewer Repairs
Repairing damages to a major sewer line running along the Smith River will cost the city almost $3.8 million less than officials and consultants expected.

Upcoming Events

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.

CDFA Virginia Conference
September 19, 2017
Join the CDFA Virginia Financing Roundtable, in partnership with VEDA, for a special one-day conference hosted at the offices of McGuireWoods LLP. 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 Virginia economy going forward.


State Partner

Virginia Economic Developers Association

Supporting Sponsor

Federal Home Loan Bank of Atlanta

For information about sponsoring the CDFA Virginia 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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July 5, 2017
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December 7, 2016
October 5, 2016
August 3, 2016

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