This report by the Urban Institute provides a discussion framework for sustainable economic growth strategies that states can use. The authors posit that state investment in economic development falls into three categories: investment in the...

The 2017 CDFA Michigan Financing Roundtable Webinar discusses the latest and greatest in Development Finance across the state. The webinar includes two sessions: Development Finance Current Events Review and The Michigan Bond Market. Experts, Craig...

Local governments spend tens of billions of dollars annually on economic development subsidy programs, yet a new survey of the nation’s 50 biggest cities and counties finds that more than half still fail to disclose even the names of the companies...

During this installment of the CDFA // BNY Mellon Development Finance Webcast Series, our expert speakers provide an in depth look into the implications of this new accounting standard.

Incentives provide targeted new or expanding businesses with special tax credits or other special financial benefits or services. Two examples of business incentives are property tax abatements and job creation tax credits (JCTCs). This report will...

In the 21st century data-driven economy, reliance on data analytics to improve outcomes is a driving force behind decisions being made in government, business, education, and research. States rely on sound workforce and economic development...

Development Finance Authority, Mass Development, uses Public-Private Partnership, Bonds, TIF, Special Assessment, Brownfields Clean Up, and Tax Credits to redevelop the former Slaughterhouse District into the New Boston Landing.

Given states’ pressures to demonstrate economic development investment impact, The State Economic Development Performance Indicators White Paper, recently published by the Center for Regional Economic Competitiveness (CREC) and Smart Incentives,...

This month’s CDFA // BNY Mellon Development Finance Webcast Series discussed strategies for financing retail development.

In this report, California's Legislative Analyst’s Office evaluate the economic effects and the administration of the first film tax credit program passed in 2009.

Mike Herrington (Stites & Harbison PLLC) and Ryan Barrow (Commonwealth of Kentucky) explore trends in bond financing throughout the state. Of special focus is a look at Kentucky’s newly launched bond-backed job training program.

Michigan is showing increasing economic strength. Despite this, the state’s housing market is not keeping up with an adequate number of homes affordable to low- and moderate-income households. Ben Stehouwer (Cinnaire) discusses the major changes and...

This month’s CDFA // BNY Mellon Development Finance Webcast Series discussed strategies for financing retail development.

This infographic from Smart Incentives illustrates how states can manage incentives for transparency and accountability. Administering incentive programs is not easy. Determining and reporting on results is harder. Smart Incentives breaks down each...

The purpose of this study was to examine the efficacy and efficiency of the city's economic development incentives as well as to answer basic questions on: dollar amount of incentive use, where and when incentives have been used, characteristics of...

HR&A Advisors was hired to conduct this study for Cincinnati. The study found that Cincinnati's incentive portfolio facilitates achievement of a number of core economic development objectives, but policies can be strengthened to improve alignment...

This BLS & Co. 2016 resource guide is intended to provide a detailed summary of the primary and most valuable state and local economic development incentives offered throughout the U.S to help companies evaluate whether incentives can play a...

Herb Klein (Jacob & Klein LTD) discusses creative financing strategies at the local level, specifically combining a number of incentives. Peoria Heights, IL is explored as a case study.

Mike Downing (Missouri Department of Economic Development) discusses state financing & incentive programs in Missouri.

Sometimes called “NIZ Lite”, Pennsylvania's City Revitalization and Improvement Zones (“CRIZ”) is similar to the Neighborhood Improvement Zone (“NIZ”), but there are some key distinctions. One important distinction of the CRIZ program from the NIZ...

The Economic Redevelopment and Growth (ERG) Program was established to provide incentive grants to developers, business, and owners to capture new State and local incremental taxes derived from a project’s development to address project financing...

Daniel McRae of Seyfarth Shaw LLP uses a simple graphic to demonstrate how property tax abatement is carried out in Georgia.

Business Facilities provides a list of some of the incentives available for companies in New York.

Business Facilities provides a list of some of the incentives available for companies in New Jersey.

A report published by Florida TaxWatch reviews each of the major Florida economic development incentive programs, examines the ROI figures published by the state, and compares Florida’s programs to those of competitor states.

General Electric's move to Boston is accompanied with $145 million incentive package. The agreement between the state, city, and GE is much more interesting than the total dollar value or cost per job calculations.

According to Seyfarth Shaw LLP, the Governmental Accounting Standards Board (GASP) unilaterally acted to require governments to disclose in the notes of their financial statements information regarding all tax abatments. As a result, development...

In order to create a comprehensive picture of the economic development landscape, C2ER reviewed data from a range of state statutes, reports, and websites. The numbers contained in this report are CREC and C2ER’s best estimate of the dollars spent...

In order to create a comprehensive picture of the economic development landscape, C2ER reviewed data from a range of state statutes, reports, and websites. The numbers contained in this report are CREC and C2ER’s best estimate of the dollars spent...

In order to create a comprehensive picture of the economic development landscape, C2ER reviewed data from a range of state statutes, reports, and websites. The numbers contained in this report are CREC and C2ER’s best estimate of the dollars spent...

In order to create a comprehensive picture of the economic development landscape, C2ER reviewed data from a range of state statutes, reports, and websites. The numbers contained in this report are CREC and C2ER’s best estimate of the dollars spent...

Incentive zoning is a planning tool that local governments use to entice developers to provide a public good by offering incentives. The incentives seek to offset the cost to developers of the public goods. In this issue brief the authors describe...

Steve Gilbert, Vice President for The HWH Group, and Rick Rhodes of the Texas Department of Agriculture explain a variety of tools and entities responsible for rural finance in the state of Texas.

Todd Napier of the Development Corporation of Knox County shares their typical forms of local incentives in Knoxville and Knox County: tax incentives, direct community investment, and land discounts.

The Governmental Accounting Standards Board (GASB) issued Statement 77, commonly known as GASB 77, which requires state and local governments to disclose specific information about tax abatements in their financial statements.

Published by the Institute for Transportation & Development Policy (ITDP), this analysis looks into development return on transit investment, comparing more than 20 transit systems around the country and internationally.

The City of Grand Rapids Economic Development Office has extensive experience with redevelopment, and Kara Wood shares some great insights to what has made their projects successful. Several case studies are presented.

CMAP has examined the use of various incentive tools, such as tax increment financing (TIF), sales tax rebates, property tax abatements, and Cook County property tax incentives, focusing on their prevalence, structure, associated community goals,...

This report, authored for Lane County Economic Development, presents research on the purpose of business incentives, what kinds of business incentives are common practice for economic development purposes, and the impacts, both positive and...

Southern Oregon Regional Economic Development Inc. (SOREDI) is the official regional economic development agency for Southern Oregon. Named one of the top 20 economic development groups by site selection magazine, SOREDI acts as a liaison between...

The Keystone Opportunity Zone (KOZ) Program develops a community’s abandoned, unused, underutilized land and buildings into business districts and residential areas that present a well-rounded and well-balanced approach to community revitalization....

City of Dallas Office of Economic Development provides a variety of development finance tools to businesses and developers in the Dallas area to support new, expanding and relocating businesses or development.

The Government Accountability Office produced this guide to help identify criteria and analytical questions for policymakers to consider in weighing and evaluating a tax expenditure.

Agricultural Processing Renaissance Zones were created to promote processing operations and the overall agriculture industry.

Margaret Comey and Gregory Daniels from Squire Sanders discuss the many development finance tools available in Ohio. This presentation includes tools, legal basis, and case studies.

Evans Paull with Northeast-Midwest Institutes presents proposals for Iowa to make strategic investments in Brownfields Redevelopment.

Toby Rittner, President & CEO Council of Development Finance Agencies, discusses CDFA, development finance trends, best practices, case studies, and a wide variety of development finance programs.

This document from the City of Grand Rapids provides a thorough overview of the city's Neighborhood Enterprise Zone abatement program.

Development Planning & Financing Group, Inc. produced this report featuring a variety of development finance project case studies for the National Association of Home Builders.

The City of Cincinnati offers a tiered tax-abatement for new and renovated buildings that meet the US Green Building Council's LEED standards.