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CDFA South Carolina Financing Roundtable Newsletter - August 2017

CDFA South Carolina Financing Roundtable Newsletter - August 2017
August 30, 2017
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CDFA South Carolina Financing Roundtable Newsletter

Feature

SC Boatmaker Using Tax Credits to Expand
A Summerville marine business is adding 100 jobs under its latest expansion. Sportsman Boats Manufacturing is investing $3.5 million at its existing Dorchester County operations. The S.C. Coordinating Council for Economic Development has approved state tax credits the manufacturer can claim later, based on the number of new jobs it creates.

Incentives Attract Bo Parts to Greer, SC
The Coordinating Council for Economic Development has approved job development credits to support the $4.1 million project. A $100,000 Set Aside grant was also awarded to Greenville County to assist with the costs of building upfits.

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.

$3.6M Grant Supports Regional Medical Center in Orangeburg, SC
The emergency center project is funded by the State of South Carolina through a one-time, $3.6 million Transformation Fund Grant and additional funds resulting from the region's designation as the SC Promise Zone. Other funding has been committed by local community stakeholders.

SC to Funding Bus Routes with $600K in Grants
More than half a million dollars in grant money is being used to help people across South Carolina get to work. A portion of the money will be used in the Pee Dee, helping people get to their jobs with major employers in different counties.

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.

Partner

State Partner

South Carolina Jobs-Economic Development Authority

Supporting Sponsor

Federal Home Loan Bank of Atlanta Haynsworth Sinkler Boyd, P.A. McNair Law Firm South Carolina Jobs-Economic Development Authority



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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