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CDFA Louisiana Financing Roundtable Newsletter - March 2017
March 29, 2017
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CDFA Louisiana Financing Roundtable Newsletter

Feature

Exxon Mobil Gathers Tax Incentives as TX Battles with LA for Plant Site
The school board in a south Texas community competing with two Louisiana sites has approved an estimated $1.2 billion in tax breaks to entice Exxon Mobil Corp. and its Saudi partner to build a $9.3 billion petrochemical plant within its district along the Texas Gulf Coast.

Film Tax Credit Program Could Be Cut in Regular Session
Louisiana's film tax credit program could be on its last reel, as Alexandria Senator Jay Luneau plans to file legislation to eliminate the incentives. Luneau says in tough budget times, lawmakers need to assess the return on investment of state funded programs.

Monster Moto Opens Headquarters-Manufacturing Hub In LA
Monster Moto opened company's new headquarters and manufacturing campus in Ruston, LA. Monster Moto's relocation consisted of a $4 million capital investment as part of a public-private development to build a 100,000-square-foot facility housing the company's operations at the former site of Ruston's municipal airport, according to Louisiana Economic Development.

How would Trump's Budget Impact LA?
Gov. John Bel Edwards' staff is already sifting through the potential impact of President Donald Trump's budget blueprint to Louisiana, noting the biggest concerns were a potential wipe out of the Delta Regional Authority and deep cuts to community-development block grants and the Corps of Engineers.

Solar Farm to Receive Tax Abatement in Concordia Parish
The Concordia Parish Police Jury recently approved a 100-percent tax abatement for a 250-acre solar farm

Bonding Assistance Helps Small Contractors in LA
Louisiana Economic Development is inviting small construction companies to take part in its Bonding Assistance Program to gain greater access to major construction projects in the state.

Public-Private Investments Create 115 Jobs in Delta
The Delta Regional Authority, through a program partnership with the Economic Development Administration, has announced $235,000 in new investments that have added 115 jobs to the Arkansas-Louisiana Multimodal Economic Corridor initiative.

Upcoming Events

Intro Incentives WebCourse
April 5 - 6, 2017 - Daily: 12:00 - 5:00 PM Eastern
This course will consider how incentives are being used in today's economic environment and outline steps that are being taken to reduce risk and achieve better outcomes. In particular, this course will address the characteristics of well-designed incentive programs and processes to ensure meaningful impact, value, and accountability.

Intro Tax Increment Finance WebCourse
May 10 - 11, 2017 - Daily: 12:00 - 5:00 PM Eastern
This course brings TIF deal-making and best practices into focus through a two-day program targeting the entire TIF community including economic developers, public agency representatives, bond issuers, legal professionals, developers, financial advisors, and other stakeholders. 

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.


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
  • 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
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