CDFA Maryland Financing Roundtable Newsletter - March 2017


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


Welcome to the All New Featuring State Pages
CDFA is proud to announce the new 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 Maryland and all that we have to offer today.

Thurmont Recreation Company Builds New Headquarters in Baltimore
Playground Specialists, a full-service recreation company, has expanded its presence in Thurmont and plans to add up to 25 new jobs.

Taneytown Manufacturer Expansion Eligable for Tax Credits
EVAPCO, Inc., a global designer and manufacturer of evaporative cooling and industrial refrigeration products, is expanding its manufacturing operations in Carroll County and adding 125 new jobs over the next five years. The company is also eligible for various tax credits including Maryland's Job Creation Tax Credit.

Freshly to Open Meal Distribution Center in Howard County
Freshly, a health-conscious food delivery service headquartered in New York City, is opening a meal distribution center in Savage and plans to add 500 new jobs by the end of 2018. The company is eligible for various tax credits, including Maryland's Job Creation Tax Credit.

New Development Transforms MD Public Housing Site with Tax Credits
The new Stone Grove Crossing development delivers 84 modern, affordable homes on a former public housing site in Wicomico County, MD.

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.

MD Takes Stand For Renewables with Tax Incentives
Gov. Larry Hogan announced new environmental initiatives, proposing Maryland spend nearly $65M next year on tax incentives, job training and a "Green Energy Institute."

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.

Upcoming Events

CDFA Brownfields Financing Webinar: Financing Brownfields with Private Activity Bonds (PABs)
March 9, 2017 - 2:00 - 3:30 PM Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss Private Activity Bonds and how they can be used to compliment the redevelopment and cleanup of your brownfield project.

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 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.

Maryland News

Baltimore Delegate Seeks Prevailing Wage Requirement for TIF Projects
The Daily Record | Feb. 24 | Tax Increment Finance (TIF) | Legislative

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

Baltimore Delegate Seeks Prevailing Wage Requirement for TIF Projects
The Daily Record | Feb. 20 | Tax Increment Finance (TIF)

PILOT vs. TIF: Why Hanover Officials Cite Flexibility For New Confrence Center
Capital Gazette | Feb. 11 | Tax Increment Finance (TIF)

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


State Partner

Maryland Department of Commerce

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 or e-mail

Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300

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March 1, 2017
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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