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CDFA Missouri Financing Roundtable Newsletter - June 2017
June 21, 2017
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CDFA Missouri Financing Roundtable Newsletter

Feature

MO Housing Tax Credits are Important to St. Louis
Missouri's ongoing war to balance the budget has most recently found a battlefield in the form of tax credits. Credits have been a target of Gov. Eric Greitens since he took office, and with a reluctance to raise taxes and many services still in need of funding, that's a reasonable place to look for savings.

St. Louis IDA Advances $45M Tax Exempt Bonds for Ice Center
St. Louis County and the group spearheading the project, the St. Louis Legacy Ice Foundation, are still firming up a financing package dependent on many organizations beyond the Blues committing to long term leases of ice time. Plus, the National Park Service will need to sign off on the facility's proposed location.

St. Louis County IDA Advances Millions in Bonds for Maryland Heights Ice Center
A new practice facility for the St. Louis Blues moved closer to reality Tuesday after the St. Louis County Industrial Development Authority gave preliminary approval to issue up to $45 million in tax-exempt bonds that would help finance the complex.

St. Louis Proposes Guidelines for Tax Incentives
Those who support the use of incentives argue many projects wouldn't have been built without them and that much of the forgone tax revenue never would have been generated. But critics say the city has historically put few limits on incentives, unnecessarily subsidizing some projects.

$16M IDA Bonds May Support New St. Louis County Athletic Facility
The St. Louis County Economic Development Partnership has offered an informal commitment of $16 million in tax exempt Industrial Development Authority bonds to support a 74-acre development of indoor sports domes with basketball and volleyball courts, indoor softball and little league fields.

$1B P3 Terminal Proposed for Kansas City International Airport
 A $1 billion terminal at Kansas City International Airport would be designed, financed, and built by engineering firm Burns & McDonnell under a public-private partnership proposal to be outlined to the Kansas City, Mo., City Council.

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.

USDA Rural Community Development Initiative + Grant Application Tips
July 14, 2017 - 1:00 PM Eastern
During this special webinar from CDFA, learn from expert speakers and previous awardees as we discuss the RCDI program, how to apply, and recommendations for successful applications.

Missouri News

MO Communities Awarded $1.2M for Infrastructure
Stl. News | Jun. 20 | Infrastructure Finance

New MO Task Force Will Explore Transportation Infrastructure Finance
MissouriNet | Jun. 19 | Infrastructure Finance

MO OKs Over $6M of Incentives for 680 Jobs
U.S. News | May. 26 | Incentives

Economic Development Projects on the Table in MO Special Session
Trader Planet | May. 19 | Economic Development | Incentives


Sponsors

State Partner

Missouri Economic Development Financing Association

Venue Sponsor

St. Louis Economic Development Partnership

Premium Sponsor

Kutak Rock LLP Peckham Guyton Albers & Viets, Inc.

Supporting Sponsor

Lewis Rice PACE Sage Capital St. Louis Development Corporation UMB Bank White Goss

For information about sponsoring the CDFA Missouri 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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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
  • 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
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