CDFA Florida Financing Roundtable Newsletter - January 2017
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Intro Bond Finance WebCourse
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CDFA Florida Financing Roundtable Newsletter - January 2017
January 25, 2017
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CDFA Florida Financing Roundtable Newsletter

Feature

$9M Loan Helps First Green Bank Expand to Southwest FL
First Green Bank has expanded to southwest Florida with a $9 million construction loan for Naples' first self-storage facility in over a decade.

USDA Invests $13.6M in Citrus Greening Research
The USDA National Institute of Food and Agriculture announced four grants totaling more than $13.6 million to combat citrus greening disease, aka Huanglongbing. The funding is made possible through NIFA's Specialty Crop Research Initiative Citrus Disease Research and Extension Program.

$4M Food Bank Opens New Boynton Facility
Feeding South Florida's new Palm Beach County operations center opened in Boynton Beach, marking a new direction for the non-profit aimed at conquering hunger.

NMTC to Fund Redevelopment in Fort Myers
The Southwest Florida Community Foundation recently closed on a $10 million New Markets Tax Credit deal to be used to restore the historic Atlantic Coast Line railroad station and build a technology hub and headquarters in the midtown historic neighborhood of Fort Myers.

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.

Column: The Case Against Tax Money for Stadiums, Movies
Florida's state legislators from both political parties have resisted corporate welfare schemes in recent years, and taxpayers should celebrate. Supporters of corporate welfare claim that such programs create jobs, but the facts demonstrate that's rarely the case. Even when jobs are created, each job comes at a tremendous cost to Floridians.

Community Foundation Program Promises Economic Development in Midtown Fort Myers
The Southwest Florida Community Foundation recently closed on a $10 million New Markets Tax Credit deal to be used to restore the historic Atlantic Coast Line railroad station and build a technology hub and headquarters in the midtown historic neighborhood of Fort Myers.

Commentary: Put Entertainment Industry Back in Production for FL
Florida has had a very thriving film and entertainment industry for a long time. Currently however, Florida is losing a lot of that business to other states who offer better incentives. Florida needs to bring back incentives in order to produce the same thriving entertainment industry as before.

Upcoming Events

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

Roundtable Partner

Florida Development Finance Corporation

For information about sponsoring the Florida Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.

New Members

Miami-Dade County Industrial Development Authority - Miami, FL


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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