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CDFA Florida Financing Roundtable Newsletter - February 2017
February 22, 2017
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CDFA Florida Financing Roundtable Newsletter

Feature

FL Co-ops and PACE Keep Solar Moving Forward
Two new initiatives in Florida – one involving solar co-ops and one involving property-assessed clean energy (PACE) could build on the momentum the solar industry gained last year with the passage of Amendment 4 and the stunning defeat of Amendment 1.

Lawmakers Look to Get Rid of Tax Incentives for Sports Teams in FL
Incentives for sports teams have been around in Florida since 1988 and more than $400 million has gone to various sports teams. Currently, however, this type of subsidy is under attack in the state capitol.

House Moves Forward in Economic Development Feud
In Florida, the House Careers & Competition Subcommittee voted 10-5 to back a 172-page proposal (PCB CCS 17-01) that would eliminate the public-private Enterprise Florida and tourism marketer Visit Florida, along with a lengthy list of tax-credit and grant programs designed to attract companies to relocate and build in the state.

$10M Tax Credit Awarded for New Affordable Housing in the Florida Keys
Alden Capital Partners, in a partnership with Tri-Star Affordable Development, announced the closing of $10 million low-income tax credit equity financing for the construction of Caya Place, a 42-unit community in Marathon and Big Pine Key, Fla., in the Florida Keys.

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.

FCLF Provides NMTC for SW FL Regional Technology Hub
Florida Community Loan Fund recently closed its latest New Markets Tax Credit (NMTC) project: the $10 million Southwest Florida Regional Technology Hub, located in Ft. Myers, Florida.

Stephanie Murphy Announces $2M Solar Energy Grant for UCF
Congresswoman Stephanie Murphy announced that the University of Central Florida will receive a $2 million grant from the Department of Energy to be used to support integration of solar energy into the nation's electric grid.

FL 'Booming Economy' Bolsters Governor's Budget
Florida Gov. Rick Scott unveiled a record spending plan for fiscal 2018 that could set the stage for a confrontation with lawmakers over borrowing plans.

Upcoming Events

CDFA Florida Conference
September 28, 2017 - Fort Lauderdale, FL
Join the CDFA Florida Financing Roundtable for a special one-day conference hosted at the Broward Metropolitan Planning Organization. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the Florida economy going forward.

Intro Bond Finance WebCourse
March 1 - 2, 2017 - 12:00 - 5:00 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.

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 as we discuss Private Activity Bonds and how they can be used to compliment the redevelopment and cleanup of your brownfield project.

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.

Florida News

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


Sponsors

State Partner

Florida Development Finance Corporation

Venue Sponsor

Broward Metropolitan Planning Organization

State Investor

First American Bank

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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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
  • 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