CDFA Kentucky Financing Roundtable Newsletter - February 2017
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CDFA Kentucky Financing Roundtable Newsletter - February 2017
February 8, 2017
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CDFA Kentucky Financing Roundtable Newsletter

Feature

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.

KY Work Ready Skills Panel Approves 25 Proposals Worth Over $65.5M
The 25 projects are spread across all 10 local workforce areas, with awards ranging from $30,780 – $15.2 million. The projects include construction and renovation of facilities and the purchase of new equipment aimed at providing workforce training and education in Kentucky's top five growth sectors.

Tax Incentives Support Amazon Air Hub in KY
State economic development officials in Kentucky say Amazon plans a nearly $1.5 billion investment that will create 2,700 full- and part-time jobs. The Kentucky Economic Development Authority has given preliminary approval to a tax-incentive package worth up to $40 million over the next 10 years.

Appalachian Regional Commission Awards Funding to Eastern KY
The Appalachian Regional Commission (ARC) has announced nearly $26 million to expand and diversify the economy in coal-impacted communities in five Appalachian states, including several projects in Eastern Kentucky. The 28 awards are projected to train more than 7,300 workers and students.

Incentives Move Kentucky Fresh Harvest Project Forward
In December, KGH received approval for up to $190,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). Additionally, KGH received preliminary approval for up to $1.5 million in tax credits through the Kentucky Business Investment (KBI) program.

Louisville Arena Authority to Pursue Yum Center TIF Expansion
The Louisville Arena Authority will lobby the Kentucky General Assemble hard next month for a restructuring of tax increment financing legislation that would allow the KFC Yum Center's TIF agreement to extend 30 years.

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.

Upcoming Events

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.

Intro Tax Credit Finance WebCourse
February 15 - 16, 2017 - 12:00 - 5:00 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 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.

Kentucky News

Big Ass Solutions Recieves Tax Incentives for Expansion
Lexington Herald Leader | Feb. 6 | Brownfield Financing | Tax Increment Finance (TIF)

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

NKADD's RLF Has Been Successful for Northern KY
The Lane Report | Jan. 30 | Brownfield Financing | Revolving Loan Funds (RLFs)

$300K Incentive Supports New Credit Bureau Systems Office
Think Kentucky | Jan. 26 | Incentives

Incentives Support $26M Kayser Expansion
Berea Online | Jan. 19 | Incentives


Sponsors

For information about sponsoring the CDFA Kentucky 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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