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CDFA Tennessee Financing Roundtable Newsletter - September 2017

CDFA Tennessee Financing Roundtable Newsletter - September 2017
September 6, 2017
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CDFA Tennessee Financing Roundtable Newsletter

Feature

$28.4M Grant Will Attract Nokian Tyres to Dayton, TN
Tennessee officials are living up to their end of a commitment to Finnish manufacturer Nokian Tyres, approving a $28.42 million state infrastructure grant in support of the company's $360 million planned Dayton, Tenn., tire factory.

Department of Commerce Provides $3M for TN Industries
Two $1.5 million grants will go to support electrical transmission infrastructure in Dayton, Tennessee and critical upgrades to the existing wastewater treatment plant in Humboldt, Tennessee. These investments are estimated to generate $91 million in private investment.

Memphis EDGE Launches EDGE Impact Fund
In partnership with Grow America Fund (a Community Development Financial Institution licensed under the U.S. SBA Preferred Lenders Program), the EDGE Impact Fund will make SBA-guaranteed loans of $150,000 or more to small businesses throughout Shelby County.

15 States Trying to Lure Toyota-Mazda $1.6B Plant
One of the biggest potential job-creating bonanzas in the country, a giant new auto plant proposed by Toyota and Mazda, began in secret with a mysterious code name. Now it has become a full-blown race among states to try to reel in the $1.6-billion project that will create 4,000 good-paying direct jobs and thousands of other indirect jobs.

TNECD Accepting Site Development Grant Applications
As part the Select Tennessee Site Certification program, the site development grants are intended to help communities overcome barriers to site certification and prepare for economic development projects. In the last round of grants announced in March 2017, TNECD funded 18 projects with a total investment of $6.2 million in site development grants.

US DOC Invests $1M in Decherd, TN, Water Infrastructure
U.S. Secretary of Commerce Wilbur Ross recently announced that the Department's Economic Development Administration (EDA) is awarding a $1 million grant to Decherd, Tennessee, to improve the city's existing water treatment plant to better accommodate manufacturing and other business needs. According to grantee estimates, the project is expected to create 50 jobs, and generate $115 million in private investment.

Upcoming Events

CDFA National Development Finance Summit
November 15 - 17, 2017 - Atlanta, GA
The CDFA National Summit brings together the leaders and dealmakers in the development finance industry to discuss best practices, trends, and project financing solutions. The CDFA National Summit is designed for both public and private sector participants from all areas of the country. Attendees represent a diverse cross section of the development finance industry and bring unique perspectives, creative financing approaches, and interesting conversation to the event.

Sponsors


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For information about sponsoring the CDFA Tennessee 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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Archives

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September 6, 2017
August 2, 2017
July 5, 2017
June 7, 2017
May 3, 2017
April 5, 2017
March 1, 2017
February 1, 2017




CDFA National Sponsors

  • BNY Mellon
  • Bricker Graydon LLP
  • Bryan Cave Leighton Paisner LLP
  • Business Oregon
  • CohnReznick
  • Frost Brown Todd LLP
  • Grow America | Formerly NDC
  • Hawes Hill and Associates LLP
  • Hawkins Delafield & Wood LLP
  • Ice Miller LLP
  • KeyBanc Capital Markets
  • Kutak Rock LLP
  • McGuireWoods
  • MuniCap, Inc.
  • NW Financial Group, LLC
  • PGAV Planners, LLC
  • Raza Development Fund
  • SB Friedman Development Advisors
  • Stifel Nicolaus
  • U.S. Bank
  • Wells Fargo Securities
  • Z. The Bond Buyer
Become a Sponsor