Community and Economic Development

A survey of financing tools for community and economic development North Carolina communities can select from a wide array of financing tools in their efforts to attract and grow businesses, improve real estate, and build community assets. In order to select the right financing approach for your development project, it helps to understand the options. This one-day session will include discussions of municipal and private activity bonds, tax increment financing (also known as TIF or project development financing), tax credit financing and New Markets Tax Credits, business improvement districts, revolving loan funds, and other mechanisms for providing businesses with greater access to capital. Participants will learn the basics of these mechanisms and discuss examples of their application in North Carolina communities. North Carolina law and policy will be the primary focus of the course; we will also be joined by a representative from the Council of Development Finance Agencies to provide a national perspective.