CDFA Wisconsin Financing Roundtable Newsletter - January 2017
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| Feature |
WEDC Grant Program Supports Minority Businesses
Grants from the WEDC Minority Business Development Program will go to five organizations, The Business Council and Wisconsin Chambers of Commerce for Africans, American Indians, Hispanics and Hmongs. These organizations can use the funds to help startup minority businesses obtain loans.
New Madison Housing Development TIF Rejected
The city was preparing to deliver about $2 million in tax incremental financing (TIF) to cover a public space, but the city attorney's office determined the proposed neighborhood center was not eligible for TIF support under state law. The project will still receive $4.8 million in housing tax credits.
WEDC Revokes Performance Tax Credits for 5 Companies
Last week, Wisconsin Economic Development Corporation staff submitted a Tax Credit Revocation Report to the agency's board of directors. Five companies must return portions of tax credits awarded in past years to create jobs.
WEDC Entrepreneur Pilot Program Draws Interest
The pilot program will provide grants between $10,000 and $100,000 to nonprofit organizations and communities for activities and projects that promote entrepreneurship and deliver key services and resources to Wisconsin entrepreneurs.
$7.2M WHEFA Bond Financing Helps Madison Country Day School
Bond financing facilitated by WHEFA will be used to help Madison Country Day School refinance an interim taxable loan used for the construction and equipping of a 21,000 square foot addition to house middle and high school classrooms, a music wing, and areas for academics.
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Upcoming Events |
Fundamentals of Economic Development Finance WebCourse
January 25-26, 2017 - Daily: 12-5 pm Eastern
The Fundamentals WebCourse is the foundation for all of CDFA's educational offerings. This course will help you understand the variety of development finance tools available, from bonds, tax credits and TIF, to federal financing programs, RLFs, and access to capital lending resources.
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Wisconsin News |
Lake Mills Main Street Program Receives Accreditation
Lake Mills Leader | Dec. 21, 2016 | Historic Preservation
President-elect Promises to Keep TEBs
Politico | Dec. 16, 2016 | Bond Finance | Federal
WI Launches PACE Program for Commercial Energy Efficiency Improvements
Ethanol News Today | Dec. 16, 2016 | Energy Finance | Green Finance
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Sponsor |
For information about sponsoring the Wisconsin Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
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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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