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CDFA Missouri Financing Roundtable Newsletter - July 2017
July 19, 2017
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CDFA Missouri Financing Roundtable Newsletter


MO Task Force Recommends Cuts to Historic Tax Credit Program
A task force established by Gov. Greitens to examine state tax credit policy has returned with recommendations that preservationists say would substantially cut the historic tax credit program and make it much more difficult to utilize.

Export Challenge Will Provide $60K to MO Entrepreneurs
First place will receive $25,000, second place will receive $15,000 and third place will receive $10,000.  Additionally, two Bright Futures prizes will be awarded at $5,000 each.  Finalists will receive one-on-one export mentor support, foreign market research services and a full scholarship for the online Chancellor's Certificate in International Trade.

39 North Promises Continued Investment in St. Louis AgTech
39 North is a 10-year effort unveiled in December 2016 by St. Louis County Executive Steve Stenger to transform a 600-acre area in Creve Coeur into a new agriculture technology (AgTech) innovation district. The goal is to leverage and build upon the area's assets by physically connecting the district.

Public vs. Private Financing for KCI? Officials Say the Details Will Count
Tax-exempt bonds are usually the best, lowest-cost way to finance major public projects, but it's not yet possible to say that's superior to privately financing Kansas City International Airport improvements, city finance officials said.

New MO Audit Examines Revenue Loss of Tax Credit Programs
About $418 million in tax credits redeemed in fiscal year 2016 went to programs that returned less to the state than the cost, according to the report. That's about 73 percent of total redemptions.

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 Brownfields Financing Webinar: Hazardous to Healthy: Financing Solutions for Recovering Brownfields
August 31, 2017 - 2:00 - 3:30 PM Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss how the finance toolbox can be used to compliment the redevelopment and cleanup of your brownfield project.

Missouri News

Growth in the Rural Ozarks Has a Positive Impact in MO
KSMU | Jul. 17 | Rural Development

Panel Recommends Overhaul of MO Tax Credits
St. Louis Post-Dispatch | Jun. 30 | Tax Credits


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

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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
  • 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