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CDFA Kentucky Financing Roundtable Newsletter - May 2015

CDFA Kentucky Financing Roundtable Newsletter - May 2015
May 20, 2015
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CDFA Kentucky Financing Roundtable Newsletter

Feature

TIF is a Robust Multitool in KY
The Lane Report gives an overview of how tax increment financing works in Kentucky and gives example of recent projects that demonstrate the benefits of using TIF.

EDA Grant Announced for Former KY Coal Jobs
According to the Lexington Herald-Leader, Communities in Kentucky hit by a downturn in coal or power-plant jobs could get help with economic development under the new EPA Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) program.

Construction of High-Speed Internet Network in Eastern KY
A project to build a high-speed internet service network throughout Kentucky is on track. According to Kentucky.com, the legislature authorized $30 million in bonds, the Appalachian Regional Commission contributed $15 million, and Macquarie Capital will pay to build the system.

Northern KY Fund Gets Federal Boost
The Catalytic Fund has been certified as a CDFI, according to the agency's press release. Servicing Ludlow, Covington, Newport, Bellevue and Dayton, Kentucky, the agency is just the third CDFI in Greater Cincinnati and twelfth in the commonwealth.

CDFA Quarterly Membership Update - Spring 2015
Toby Rittner, President & CEO, provides an update on the initiatives CDFA has been conducting and the success that CDFA has had this year. Included in the update is a highlight of membership benefits, new members, and upcoming events.

Upcoming Events

CDFA Kentucky Webcast: Unlocking the Development Finance Toolbox in Kentucky
June 17, 2015
Join the CDFA Kentucky Financing Roundtable in partnership with the Bluegrass International Fund, for this webcast on "Unlocking the Development Finance Toolbox in Kentucky" as a panel of development finance experts from throughout the commonwealth will explore the depths and potential for unlocking the development finance toolbox in the Bluegrass State.

2015 CDFA Kentucky Conference
October 22, 2015
Join the CDFA Kentucky Financing Roundtable, in partnership with the Bluegrass International Fund (BiF), for the first annual conference on October 22, 2015 as we focus on "Advancing Development Finance in the Bluegrass State." This event will feature a number of economic development finance experts from around the commonwealth discussing development finance tools, authorities, resources and approaches, and how these can affect the Kentucky economy going forward. 

Kentucky News

West Louisville Food Port's Biofuel Company in Trouble over Similar St. Louis Project
Louisville Business First | May. 19 | Local Finance Program | Tax Credits | Food Systems Finance

Company Looks to Finance Solar Projects
Louisville Business First | May. 11 | Energy Finance | Green Finance | Tax Credits

CDFA Announces Brownfields Project Response Team Recipient
CDFA | May. 8 | Access to Capital | Brownfield Financing | Member News

CDFA Brownfields Financing Webinar: Financing Disaster Recovery
CDFA | May. 5 | Access to Capital | Brownfield Financing | Disaster Recovery & Relief

$1B Invested in Rural Health Care Across 13 States
USDA blog | May. 5 | Community Development | Economic Development | Rural Development | U.S. Dept. of Agriculture (USDA)

Record Number of Manufacturing Jobs Returning
Market Watch | May. 4 | Reshoring Manufacturing

Leveraging Brownfields Transformation: 5 Proven Finance Tools for Revitalization Results
ICMA | May. 1 | Access to Capital | Brownfield Financing | CDFA Original Research | Development Finance Toolbox | Economic Development | Redevelopment | Tax Increment Finance (TIF)

High Hurdles Remain for US P3s
The Bond Buyer | Apr. 28 | Federal | Infrastructure Finance | Legislative | Public-Private Partnership (P3) Financing

Appalachian Nonprofit Links Farmers with Big Grocers
The Washington Post | Apr. 27 | Food Systems Finance | Rural Development

Time to Make the New Markets Tax Credit Permanent
The Hill | Apr. 20 | Legislative | Tax Credits | U.S. Dept. of Treasury CDFI Fund | Federal

CDFA Submits Tax Reform Recommendations to Senate Finance Committee
CDFA | Apr. 16 | Bond Finance | Energy Finance | Legislative

Bonds to be Considered for Old Forester Project in Louisville
The Courier-Journal | Apr. 16 | Bond Finance | Economic Development

Congressional Members Urge Leaders to Protect Muni Exemption
The Bond Buyer | Apr. 16 | Bond Finance | Legislative

Avure Technologies Inc. Establishing HQ in Northern Kentucky
Business Facilities | Apr. 8 | Economic Development | State Finance Program | Tax Credits


Sponsors

Roundtable Partner

Bluegrass International Fund

Annual Roundtable Sponsor

Dinsmore & Shohl LLP Republic Bank Taft, Stettinius & Hollister LLP

Conference Premium Sponsor

Commonwealth Economics Community Trust Bank Community Ventures

Conference Supporting Sponsor

Ackerson & Yann, PLLC Kentcky Highlands Investment Corporation

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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CDFA National Sponsors

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  • Wells Fargo Securities
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