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CDFA Louisiana Financing Roundtable Newsletter - August 2017
August 30, 2017
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CDFA Louisiana Financing Roundtable Newsletter

Feature

In LA Stadium Infrastructure Upgrades Funded by $7M Loan from City
Major upgrades are likely coming to a popular Bossier City arena used frequently to host concerts by high-profile musical artists, as well as a variety of local events. The 17-year-old CenturyLink Center, owned by the City of Bossier City, will have the potential to receive more than $7 million in upgrades if the Bossier City Council ultimately approves an ordinance related to borrowing funds in the coming weeks.

State Commission Approves Sulphur, LA, Infrastructure Projects
The State Bond Commission recently approved more than $290 million in bonds for statewide projects, including two that will pay for infrastructure upgrades in Sulphur, along with improvements to area hospitals.

Understanding LA Historic Preservation Tax Credit Programs
Historic preservation tax credits have encouraged economic development in both Louisiana and Texas. Here is a brief overview of how historic tax credits work and how nonprofits can take advantage of them.

HUD Concerned About LA Slow Spending on Water Infrastructure
New Orleans, Louisiana, failed to spend a cent of the $141 million federal grant intended for work on the city's drainage system, leaving it designated as a "slow spender" in the recent financial tracking report from the Department of Housing and Urban Development. 

LA Struggling to Attract Skilled Workforce with Incentives
Baton Rouge, Louisiana, is struggling to navigate the difficult task of providing incentives to tech companies and ensuring that the jobs which are created can then be fulfilled. The dilemma, as far as business leaders are concerned, is a catch 22—the city needs jobs to attract workers, but also needs workers to attract jobs.

Lafayette, LA, to Create $1M RLF
Lafayette Mayor-President Joel Robideaux, in the proposed 2017-18 budget, wants to create a $1 million revolving loan fund to encourage investment in economically challenged areas. One of Robideaux's top priorities is to beautify and spur economic development along University Avenue.

Historic Tax Credit Study Shows Shreveport, LA, Success
In downtown Shreveport and across Louisiana the rehabilitation of historic districts through tax credits is working. The findings released in a study that was commissioned by the office of the Lieutenant Governor and carried out by PlaceEconomics, a Washington D.C. firm.

Upcoming Events

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.

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

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  • Frost Brown Todd, LLC
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  • 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
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  • Wells Fargo Securities
  • Wilmington Trust
  • Z. The Bond Buyer
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