CDFA South Carolina Financing Roundtable Newsletter - July 2016
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| Feature |
Santee Cooper Board Approves $52.4M Bond Sale
Santee Cooper's Board of Directors has approved the sale of $52.4 million in revenue obligation bonds to refund and restructure existing debt.
Solar Environment Looking up in SC
South Carolina continues to make strides in becoming a friendlier state for renewable energy, even after a bill that would have provided reductions in property taxes when installing solar power failed to pass the Senate.
$73M in New Markets Tax Credits Extended for Eight SC Projects
Greenville New Markets Opportunity II, a community development entity managed by taxadvantagegroup and Greenville Local Development Corp., has extended $73 million of New Markets Tax Credit allocations for eight South Carolina businesses and nonprofits over the last 18 months.
New JEDA Bonds Refinance Expansion by Palmetto Goodwill
Goodwill Industries of Lower South Carolina (now doing business as Palmetto Goodwill) is using $18,106,107 in tax-exempt bonds from the South Carolina Jobs-Economic Development Authority (JEDA) to refinance Palmetto Goodwill projects in five counties.
SC Economic Development Incentives
To reduce the effect of its high business property tax rates, and to make the state a more competitive environment for business, South Carolina offers a property tax incentive and tax savings for those businesses investing at least $2.5 million over a five year period in the state.
CDFA Brownfields Financing Webinar Series: Strategic TIF Structuring for Redevelopment
Thursday, September 1 | 2:00 - 3:30pm Eastern
Join CDFA, our technical assistance partners, and experienced brownfield communities as we discuss tax increment financing and how it can be used to compliment the redevelopment and cleanup of your brownfield project.
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Upcoming Events |
CDFA Summer School
August 8-12, 2016 - Baltimore, MD
CDFA Summer School is a week long series of courses presented by the CDFA Training Institute. These courses qualify for the CDFA Training Institute's Development Finance Certified Professional (DFCP) Program. Participants may register for one, two, or three courses during CDFA Summer School. Complete three courses, and you will have fulfilled half of the requirements for the DFCP Program.
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South Carolina News |
New JEDA Bonds Refinance Ashley Hall Projects in Charleston
SC JEDA | Jul. 27 | Bond Finance
Region Selected for Development Effort
The T&D | Jul. 19 | Economic Development | Rural Development | U.S. Dept. of Agriculture (USDA)
EPA Announces $10.7M in Supplemental Funds to Cleanup Brownfields
US EPA | Jul. 18 | Brownfield Financing | U.S. Environmental Protection Agency (EPA)
10 Items From the 2016 SC Legislative Session
JD Supra | Jul. 8 | Disaster Recovery & Relief | Economic Development | Infrastructure Finance | Tax Credits
SC Property Tax Incentives: The Special Source Revenue Credit
JD Supra | Jun. 29 | Incentives | State Finance Program
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Partner |
Roundtable Partner
Conference Supporting Sponsor
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New Members |
Columbia Empowerment Zone, Inc. - Columbia, SC
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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.
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Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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