Most resources in the ORD are available to CDFA members only. CDFA members should login with their CDFA Account at the top of the page to access the full set of resources. Non-members are encouraged to
Assessing Green Bonds
In response to the expansive growth in U.S. Public Finance green bond issuance, Moody’s has recently launched its Green Bond Assessment (GBA) service. Henry Shilling will explain green bonds and how a GBA will provide green bond issuers an...
A Guide to Regulation A+Members only Login
McGuireWoods' white paper explains how the SEC's Regulation A+ works and provides practical considerations to be taken into account in deciding whether to pursue this approach.
Financing Education Projects in Rural AmericaMembers only Login
Bob Pennington and Chuck Ellingsworth with Raymond James gave an overview of a market update, the higher education sector, public universities, private college credit analysis, and the Raymond James USDA Team. Various case studies were presented as...
Accessing the U.S. Capital MarketsMembers only Login
Sidley Austin produced this excellent primer for entities interested in accessing the U.S. capital markets. This resource provides an overview of securities regulations and laws, the offering process, compliance obligations, exempt offerings, a...
The Partners Involved: Rating AgenciesMembers only Login
John DeLuca from Fitch Ratings discusses the important role a rating agencies has in a bond transaction. John details what a rating is and why it is important, key rating factors, the rating process, and impact of regulatory changes on issuers.
Understanding TIF Bond FinancingMembers only Login
Laura Radcliff from Stifel Nicolaus & Company gives this presentation outlining the basics of TIF bonds. She reviews credit analysis, the process for issuing bonds, offering documents, the ratings process, and continuing disclosure.
CDFA Bond Finance Resource Center
The CDFA Bond Finance Resource Center is a one-stop hub for all of the resources, reports, headlines, and projects that CDFA collects and publishes related to bond finance. Find links to resource tags, market reports, original research, upcoming...
The Role of the Rating AgenciesMembers only Login
Chris Valtin of Fitch Ratings gives this presentation outlining the basic role of the rating agencies in the bond financing process. He also discusses the rating process and the meaning behind the variety of ratings that exist.
Engaging the Rating Agencies
Questions relating to the role of the rating agencies have become more common do to economic conditions as many local governments and authorities struggle to understand the process of issuing a rating and its meaning. This article summarizes the...