CDFA Maryland Financing Roundtable Newsletter - February 2017
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March 1 - 2, 2017
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CDFA Maryland Financing Roundtable Newsletter - February 2017
February 1, 2017
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CDFA Maryland Financing Roundtable Newsletter

Feature

Frederick County Small-Business Tax Credit Bill Amended
An amendment cleaning up the bill's language, and clarifying that a business subject to tax-increment financing wouldn't be eligible for the credit, passed the Frederick County Council 5-1 on Tuesday.

Governor Hogan announces 2017 Maryland Jobs Initiative
Gov. Larry Hogan has unveiled the 2017 Maryland Jobs Initiative, a comprehensive legislative package aimed at providing incentives for the creation of thousands of jobs and $5 million in strategic investments in education and workforce training to put even more Marylanders back to work.

MD's $62M Incentive Package Tailor-Made for Marriott
The $62 million incentive package Gov. Larry Hogan and Montgomery County Executive Ike Leggett promised Marriott for building a new headquarters in Bethesda was tailor-made for the firm, down to the definition of who counts as an employee.

College Park is Now a Special MD Tax Incentive Zone
A 470-acre area in and around the University of Maryland campus has been designated as a RISE Zone that will offer tax breaks to some businesses within its borders, the Maryland Department of Commerce announced.

Harford Considers $550K Incentive Package for Perryman Distributing Operation
Harford County is close to finalizing its part of a $550,000 incentive package for a broad line food and paper products distribution company that expanded its Maryland operations to a site south of Aberdeen.

MD Awards Tax Credits to Hagerstown Project
A downtown Hagerstown project is among eight recent recipients of state tax credits. According to a news release from the Maryland Historical Trust, $190,560 in tax credits was awarded to a project that will renovate the Ramacciotti/Professional Arts Building on the Public Square in downtown Hagerstown.

Hogan Unveils $65M Environmental Agenda Including Tax Incentives
Gov. Larry Hogan announced his environmental agenda for the coming legislative session, proposing Maryland spend nearly $65 million over the next three years on tax incentives, job training and a "Green Energy Institute" at the University of Maryland.

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.

Upcoming Events

Intro Bond Finance WebCourse
March 1-2, 2017 - Daily: 12-5 pm Eastern
The Intro Bond Finance WebCourse provides an in-depth look at governmental and qualified private activity bonds, with a focus on industrial development bonds (IDBs), 501(c)(3) non-profit bonds, exempt facility bonds, and other special bond programs authorized by the federal government.

Intro Tax Credit Finance WebCourse
February 15-16, 2017 - Daily: 12-5 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 Brownfields Financing Webinar: Financing Brownfields with Private Activity Bonds (PABs)
Thursday, March 9, 2017 - 2:00 - 3:30 pm Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities on March 9, 2016 from 2:00 – 3:30pm Eastern as we discuss Private Activity Bonds and how they can be used to compliment the redevelopment and cleanup of your brownfield project.

Sponsors

For information about sponsoring the Maryland 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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