Financing Your Development Project Using Multiple Revenue Sources

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Financing Your Development Project Using Multiple
Revenue Sources

• Gregory W. Hummel, Bell, Boyd Lloyd LLC
• Laura Radcliff, A.G. Edwards
• Ruth Wuorenma, Neighborhood Capital Institute

ITIA 2006 Spring Conference Workshop Springfield
, Illinois
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The Menu of possible revenue sources includes

• Assessment Districts (Special Service Areas)
• Brownfields Programs
• Business Improvement Districts (and other special
  districts)
• CDBG/CDAP
• Economic Development Programs (local and DCEO)
• Economic Development Administration (federal)
• Empowerment Zones
• Foreign Trade Zones
• HUD 108
• Infrastructure Grants (ex BDPIP)

• Local Revenues
• New Markets Tax Credits
• State Level Infrastructure Programs (Various)
• Tax Abatement
• Tax Credits (Economic Development, Training,
  Housing Federal and State)
• Tax Increment Financing
• Transportation Departments (US and IDOT)
• USDA Programs (Various)
• US EPA Programs (Various)