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 Virginia
and all that we have to offer today.
TemperPack to Expand Headquarters, Manufacturing Operations in Richmond
Governor Terry McAuliffe today announced that TemperPack, a manufacturer of sustainable packaging technology for perishable goods, will invest $2 million to expand its headquarters and manufacturing operation in the City of Richmond, creating 23 new jobs.
Bills to Create $5M Historic Tax Credit Cap
Virginia state lawmakers want to impose a $5 million cap on the amount of credits any taxpayer can claim to reduce their state income tax liabilities in a given year.
Gov. McAuliffe Veto's Coal Tax Credit
Citing the "ineffectiveness" of the credit offered to coal mine owners and coal-buying power companies, McAuliffe vetoed the bill by Del. Terry Kilgore, R-Scott, that would have reinstated up to $7.3 million in tax credits.
VA Receives $500K for C-PACE Programs
The U.S. Department of Energy selected Virginia as the recipient of a $500,000 grant to support commercial Property Assessed Clean Energy (PACE) programs in communities across the state.
VA Extends Motion Picture Production Tax Credit
The General Assembly of Virginia has enacted the motion picture production tax credit bill (HB1665), extending the sunset date to Jan. 1, 2022. The tax credit had been set to expire in 22 months.
Gov. McAuliffe Announces $700K in Remediation Grants for Brownfield Restoration
Governor Terry McAuliffe today announced approximately $700,000 in Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund (VBAF) Site Remediation Grants for three localities in the Commonwealth.
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
Rappaport's Skyland Town Center Signs a Tenant and Uses an $18.75M TIF District to Get Project Back on Track
Rappaport Cos, co-developer of the troubled Ward 7 project, said Tuesday that CVS has signed a lease for 10,000 square feet in the18-acre town center. Rappaport also said it has closed on $58.5 million in EB-5 foreign investment.