CDFA South Carolina Financing Roundtable Newsletter - February 2017

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CDFA South Carolina Financing Roundtable Newsletter - February 2017
February 22, 2017
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CDFA South Carolina Financing Roundtable Newsletter

Feature

New JEDA Bonds Refinance Expansion at Mason Preparatory School in Charleston
Mason Preparatory School is using a $6.93 million bond issue through the South Carolina Jobs-Economic Development Authority (JEDA) to refinance costs for a prior construction project and expansion.

Nuke Projects Utilizing Millions in Tax Credits
Nuclear projects in South Carolina and Georgia are racing to completion because new nuclear plants must be operational by Dec. 31, 2020, to qualify for millions of dollars in federal subsidies via nuclear production tax credits.

Proposed Legislation Aims to Boost Clean Energy in SC
The S.C. Senate has passed a piece of legislation that aims to attract investments to the state's solar industry.

Child Advocates Propose Tax Credit to Help With Daycare in SC
Recommendations to help families with young children in SC include new tax credits to help working families afford child care costs; boosting capacity and incentives for child care providers to participate in the state's Quality Rating and Improvement System; and expanding home visiting programs across the state.

CDFA Releases 2017 Policy Agenda
CDFA is proud to release its 2017 Policy Agenda. Our agenda outlines numerous recommendations to some of the nation's most difficult development finance issues, and we hope that Congress and the Administration will use our recommendations as a roadmap to improvements in these areas. To read The Bond Buyer's overview, click here.

NMTCs Are Successful at Financing Rural Manufacturing in SC and GA
Business growth requires ready access to capital, but access can be especially challenging for rural manufacturers. The federal New Markets Tax Credit Program has lent a helping hand to thousands of companies to build new plants, finance expansions and introduce new technologies, especially in rural communities across America.

Orangeburg County Lands $84.5M Solar Project
It's been a whirlwind six days for Orangeburg County, S.C., which has suddenly become the center of the state's solar universe. In the space of six days, the county has landed $173.6 million in investment by two solar nationally known developers.

New JEDA Bonds Refinance Expansions at Wofford College
Wofford College is using a $24.36 million tax-exempt bond issue through the South Carolina Jobs-Economic Development Authority (JEDA) to refinance expansions at the college's Spartanburg campus.

Upcoming Events

CDFA South Carolina Conference
April 25, 2017 - Columbia, SC
Join the CDFA South Carolina Financing Roundtable, in partnership with JEDA or a special one-day conference hosted at the University of South Carolina Alumni Center. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the South Carolina economy going forward.

Intro Bond Finance WebCourse
March 1 - 2, 2017 - 12:00 - 5:00 PM Eastern
The Intro Bond Finance WebCourse provides an in-depth look at governmental and qualified private activity bonds, with a focus on industrial development bonds (IDBs), 501(c)(3) non-profit bonds, exempt facility bonds, and other special bond programs authorized by the federal government.

CDFA Brownfields Financing Webinar: Financing Brownfields with Private Activity Bonds (PABs)
Thursday, March 9, 2017 - 2:00 - 3:30 PM Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss Private Activity Bonds and how they can be used to compliment the redevelopment and cleanup of your brownfield project.

CDFA Spotlight

CDFA Online Brownfields Project Marketplace
February 23, 2017 - 12:00 - 5:00 PM Eastern CDFA is excited to offer the Brownfields Project Marketplace as an opportunity for communities to receive free technical assistance related to the redevelopment and financing of brownfield projects. Join us online on February 23, to consult with financing professionals and brownfield project experts who can help identify potential resources for your brownfield project.

South Carolina News

CDFA Agenda Includes Pushing for Bond Bills, Supporting Tax Exemption
The Bond Buyer | Feb. 2 | Bond Finance | Energy Finance | Federal | Legislative | Member News


Partner

State Partner

South Carolina Jobs-Economic Development Authority

State Sponsor

Haynsworth Sinkler Boyd, P.A.



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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  • Wells Fargo Securities
  • Wilmington Trust
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