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CDFA Louisiana Financing Roundtable Newsletter - May 2017
May 31, 2017
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CDFA Louisiana Financing Roundtable Newsletter

Feature

Angel Investor Tax Credit Program Helps Waitr Open in LA
Waitr, an on-demand food delivery service and online restaurant technology platform, opened its operations center in Lafayette, Louisiana. Waitr has utilized the state's Digital Interactive Media and Software Development Incentive and the Angel Investor Tax Credit Program to receive funding.

LA House Approves State PILOT Program
The Louisiana House approved a proposed constitutional amendment that would permit local governments to seek payments in lieu of taxes from manufacturers eligible for the state 10-year industrial tax exemptions.

LADOTD Debating How to Finance New Bridge Proposal
The Louisiana Department of Transportation and Development (DOTD) unveiled plans for a new Jimmie Davis Bridge Project. Officials estimate the total cost of the project to be somewhere between $80-to-100 million. While $23 million in state funding is already in place, paying the entire bill has led to the idea of possibly installing a toll road on the bridge.

Bill Overhauling LA Film Tax Credit Gaining Traction
A bill overhauling Louisiana's film tax credit program is gaining traction at the capitol where a House panel unanimously approved the measure. Film industry leaders who back the measure believe it could bring stability to the program which has been struggling in the past few years.

LA HB 187 Would Mandate Payment of ‘Outstanding' Solar Tax Credits
The Louisiana State Committee on Ways and Means moved on May 1 to fix one of its "broken promises" by unanimously passing a bill to pay solar energy systems tax credits still owed before the legislature put a cap on the program last June.

EPA Grant of More Than $158K Will Support Public Drinking Water Systems in LA
The U.S. Environmental Protection Agency (EPA) recently awarded $158,101 to the Louisiana Department of Health and Hospitals (LDHH) to support several public drinking water systems in Louisiana. The funding is part of EPA's ongoing commitment to assist local drinking water systems in Louisiana.

Opinion: Tax Credits Promote Growth in LA
Desperate times often equal desperate measures that do more harm than good. Such is the case with many of Louisiana's economic development tax credits — the State Historic Tax Credit in particular. Currently, the legislative session brings another threat to the credit which improves LA's downtowns and other historic areas.

Upcoming Events

Intro Food Systems Finance WebCourse
June 7 - 8, 2017 - Daily: 12:00 - 5:00 PM Eastern
The Intro Food Systems Finance WebCourse examines the development finance programs that sustain a local food system and how investments in that system can drive economic development on a broader scale. Topics covered include federal, state, and local sources of capital, stakeholders involved in the financing process, and case study examples that showcase the variety of financing programs.

CDFA Brownfields Financing Webinar: Reviving Commercial Activity on Former Manufacturing Sites
June 15, 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.

Sponsors

State Partner

Louisiana Public Facilities Authority

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

Job Postings

Hiring: Assistant Director - Finance Authority of New Orleans


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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May 31, 2017
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August 31, 2016
July 27, 2016
June 29, 2016
May 25, 2016
April 27, 2016




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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