CDFA Oklahoma/Kansas Financing Roundtable Newsletter - January 2017
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CDFA Oklahoma/Kansas Financing Roundtable Newsletter - January 2017
January 25, 2017
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CDFA Oklahoma/Kansas Financing Roundtable Newsletter

Feature

Western Gateway TIF District Endorsed for Oklahoma City
A $120 million Western Gateway tax increment financing district that will allow work to start on the Wheeler development along the Oklahoma River is set to be voted on later this month by the city's planning commission and city council.

Commentary: Amid a Budget Crisis, a Few Positive Signs for KS
Steve Rose offers a commentary on the state of Kansas' finances.

Second Phase of $66M Revitalization and Historic Preservation Project Opening in KS
The second — and more amenity rich — phase of the $66 million Douglas apartment complex is expected to be ready for tenants on Feb. 1, weeks ahead of initial projections.

Claeys Plans Incentive to Keep Students in KS for Aviation Jobs
Rep. J.R. Claeys, R-Salina, has introduced a bill aimed at keeping Kansas students in the state after graduation to fill aviation-related jobs. The bill, HB 2036, is in the House Committee on Commerce, Labor and Economic Development, of which Claeys is a member.

Development Incentives and Tax Breaks Key Issue in Overland Park
Charlotte O'Hara, a former Kansas House Representative, filed last week to run for Overland Park mayor. O'Hara said ending development incentives will be a priority in her campaign.

Controversy Churns Over Curbing Tax Breaks for Wind Turbines
The state offers producers incentives for the first 10 years of a wind farm's operation. Oklahoma did not cap incentives for the industry which has sparked new plans to curb tax incentives for wind farms. Green energy supporters say sudden limits could imperil the industry.

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.

Brookridge Project in Overland Park Clears Another Hurdle
Developers for the Brookridge project in Overland Park sidestepped another potential obstacle on Wednesday when the Shawnee Mission school board chose not to block the development's potential use of tax increment financing.

Upcoming Events

Intro Tax Credit Finance WebCourse
February 15-16, 2017 - Daily: 12-5 pm Eastern
The Intro Tax Credit Finance WebCourse examines the application of tax credit programs in greater economic development finance efforts. This course will discuss the practical application of tax credit programs including brownfields, new markets, low income housing, historic preservation, and state-specific programs.

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 on March 9, 2016 from 2:00 – 3:30pm Eastern as we discuss Private Activity Bonds and how they can be used to compliment the redevelopment and cleanup of your brownfield project.

New Members

Unified Government of Wyandotte County & Kansas City, KS - Kansas City, KS

Miami Area Economic Development Service, Inc. - Miami, OK


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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