CDFA New York/New Jersey Financing Roundtable Newsletter - March 2016
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Empire State Development Commits $6M to Upstate Manufacturing Facility
Empire State Development announced that Agri-Mark, Inc. will receive $6 million to modernize its Chateaugay operations. The funding will come from tax credits and incentives offered through the Economic Transformation Program.
NJEDA Approves $800K Loan for Educational Technology Company
The New Jersey Economic Development Authority today approved Prazas Learning, Inc. for an $800,000 loan through the EDA's Edison Innovation VC Growth Fund.
New Jersey Economic Redevelopment and Growth Program FAQ
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 gaps.
Paterson, NJ Developer Seeks PILOT Deal
Medical Missions for Children has submitted an application for a payment in lieu of taxes (PILOT) agreement to help complete a $140 million hotel project.
New Jersey Incentives and Workforce Development Guide
Business Facilities provides a list of some of the incentives available for companies in New Jersey.
New York Incentives and Workforce Development Guide
Business Facilities provides a list of some of the incentives available for companies in New York.
Stern Brothers Special Co-Senior Manager on $500M MTA Green-Bond
The St. Louis Metropolitan Transportation Authority offered its inaugural "Green Bonds" in a two-day order period. Stern Brothers & Co. served as a Special Co-Senior Manager.
Six Firms to Pay $103.5M in Preliminary Settlements Over Bid-Rigging
Six broker-dealers and investment providers have agreed to pay $103.35 million in preliminary settlements of charges by issuers and state attorneys general that they engaged in bid-rigging and price fixing for municipal investment products and derivatives.
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New York/New Jersey News |
EPA Accepting Applications for New England Healthy Communities Grants
EP Newswire | Mar. 29 | Access to Capital | Brownfield Financing | Community Development | U.S. Environmental Protection Agency (EPA)
Brooklyn Library Redevelopment Project Courts Foreign Investors
The Real Deal | Mar. 28 | EB-5 Visa | Redevelopment
Ogdensburg Takes Major Step Forward in Brownfield Development Plans
North Country Now | Mar. 28 | Brownfield Financing
Ramirez Develops Redemption Feature
The Bond Buyer | Mar. 23 | Bond Finance
Putting Teeth Back Into the Community Reinvestment Act
Next City | Mar. 18 | Community Reinvestment Act (CRA)
$175M EB-5 Target Reached for NYC Project
The Real Deal | Mar. 17 | EB-5 Visa
To TIF or Not to TIF
WYPR | Mar. 16 | CDFA Original Research | Incentives | Local Finance Program | Tax Increment Finance (TIF)
START-UP NY Program Gets Another 18 Companies
Economic Development HQ | Mar. 10 | Access to Capital | Incentives | Infrastructure Finance | Member News | State Finance Program
Proposed Changes to LaGuardia Overhaul Will Increase Costs
NCPPP | Mar. 10 | Infrastructure Finance | Public-Private Partnership (P3) Financing
Recent Developments Affecting PACE Loans
Lexology | Mar. 10 | Energy Finance | Green Finance | Legislative
Saugerties, NY Officials Cut Interest Rates on Community RLF
The Daily Freeman | Mar. 9 | Access to Capital | Local Finance Program | Revolving Loan Funds (RLFs)
Genesee County EDC Will Receive 443K, Administer Aggie RLF
The Buffalo News | Mar. 7 | Access to Capital | Revolving Loan Funds (RLFs) | Rural Development
$37.2M in Tax Credits Lures Clothing Retailer to Jersey City
The Jersey Journal | Mar. 3 | Economic Development | Tax Credits
Gas Manufacturer Receives $11M in Tax Credits to Relocate to NJ
WBTW TV 13 | Mar. 3 | Economic Development | Tax Credits
Madison Equities Looking to Raise $75M in EB-5 Financing
The Real Deal | Mar. 1 | EB-5 Visa | International
Jersey City Has 2 New Loan Programs for Small Businesses
The Jersey Journal | Feb. 26 | Access to Capital | Economic Development | State Finance Program
'For Profit' Status Needed for Buffalo to Seek Tax Breaks
Buffalo News | Feb. 26 | Brownfield Financing | Tax Credits
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Sponsors |
Conference Premium Sponsor
For information about sponsoring the CDFA New York/New Jersey Financing Roundtable, review the sponsor prospectus and complete our sponsorship agreement or contact CDFA.
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New Members |
McManimon, Scotland & Baumann, LLC - Roseland, NJ
Columbia Economic Development Corporation - Hudson, NY
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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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