CDFA Texas Financing Roundtable Newsletter - January 2017
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CDFA Texas Financing Roundtable Newsletter - January 2017
January 25, 2017
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CDFA Texas Financing Roundtable Newsletter

Feature

Waco Downtown TIF Board Approves $1.7M for Two Mixed-Use Projects
A trio of downtown developers plans to redevelop the 300 block of South University Parks Drive with help from TIF funds.

City Motor Fuel Tax For Residential Streets a Possibility
The city of Corpus Christi is considering a local tax on motor fuel like gasoline and diesel fuel. The money raised would solely go towards residential street maintenance and repair.

Mckinney City Council Seeking Grant Funding to Bring Back Public Transit
The city of McKinney has been without public transit since November 2015, but City Council approved two items tonight that got the city two steps closer to reinstating public transit.

City of Tyler Must Spend $65M Over Next 10 Years to Upgrade Wastewater Infrastructure
The city of Tyler is facing $563,000 in fines from the EPA for failing to report sewer overflows among other failing infrastructure issues. It is estimated the city will have to spend around 65 million dollars over the next 10 years to get the pipes taken care of. 

Victoria's City Council OKs $1.7M to Improve Red River Infrastructure
A roughly $1.7 million project, which will replace water and sewer lines, remove and replace sections of curbs and gutters on Red River Street between Ben Jordan and Laurent streets, has been approved by the City Council of Victoria.

Eagle Lake Faces $5M in Water Infrastructure Work
The city of Eagle Lake heard more on plans for $5 million in water and sewer infrastructure repairs at the Jan. 10 Eagle Lake city council meeting. The cost estimate the city received is for about $5 million dollars.

FEMA Awards Smithville Grant to Build Retention Pond, Reduce Flooding
The Federal Emergency Management Agency has awarded the city $830,000 to build a 5-acre water detention pond in northeast Smithville.

Lawmaker Seeks Bigger Tax Break for Rural Hospital Donors
A Georgia lawmaker who sponsored a new tax break for individuals and corporations who give donations to rural hospitals now wants to make those incentives larger.

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.

New State Bills Seek to Kill Incentives for Film and TV Productions in TX
Dallas has served as a backdrop for many shows and films, including the eponymous soap, Dallas; Robocop; Talk Radio; and Born on the Fourth of July. But if new legislation passes, there may not be much more filmmaking in Dallas' future.

Upcoming Events

CDFA Texas Webinar: Financing Programs to Support Rural Development
May 17, 2017 - 11:30 am - 12:30 pm Eastern
11:30 am - 12:30 pm Eastern - May 17, 2017
Urban communities like Austin and Dallas are not the only places looking for help to fund economic development. Texas is filled with rural communities and small towns who are also in need of financing strategies. These areas face unique development financing challenges and needs such as downtown revitalization, food systems, infrastructure and energy finance. A number of creative and important financing tools exist to assist rural and small town development, and this webinar will explore the cutting-edge strategies driving development in the state, and how to access them.

Sponsors

Roundtable Partner

Texas Economic Development Council

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

New Members

Wharton Economic Development Corporation - Wharton, TX


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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