Development Finance Toolbox

A survey of local government financing tools for community and economic development

What tools are available to local governments to help stimulate private investment for development and revitalize Main Street? 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 approach for your development project, it helps to understand the options. Participants in this course will learn the basics of development finance tools used by North Carolina local governments to achieve their community and economic development goals.

Course Topics:

  • Federal financing programs and tax credit financing
  • Local government capital financing
  • Tax increment financing (TIF) and synthetic TIF
  • Business improvement districts
  • Attracting private investment to Main Street
  • Public-Private Partnerships for Redevelopment
  • Pre-course workshop: Fundamentals of Developer Real Estate Financing
     
    The pre-course workshop is included in the registration fee. The workshop content lays the foundation for the rest of the course, so attendance is strongly encouraged.
The Local Government Federal Credit Union offers scholarships to local government employees to apply towards tuition for conferences, classes, and seminars offered by the School of Government. There are five deadlines to submit applications: March 1, June 1, August 1, September 1 and December 1.

Thanks to the generous support of Duke Energy, a limited number of partial scholarships will be awarded to managers who attend the entirety of the Development Finance Toolbox program together with an elected official from the same jurisdiction. 

Additional information

Attendees: Elected officials; city and county managers, assistant managers, and clerks; and community and economic development professionals seeking a greater understanding of the development finance options available to North Carolina local governments.

 

An excellent resource is Kara Millonzi's Introduction to Local Government Finance, 3rd Edition

This multi-authored book provides an overview of the financial management laws and practices applicable to local governments and public authorities in North Carolina.

For more information or to purchase the book follow this link:  https://www.sog.unc.edu/publications/books/introduction-local-government-finance-third-edition

 

We have attached a draft agenda for both the course and pre-course workshop to give a general idea about the schedule.  Once we have a final agenda for September 19-20, 2017 we will post it here.

 

For all registration questions, resetting passwords, or login issues please contact:

Dale Zuckert

Assistant Registrar
919.966.4414
For questions regarding course details, including location, schedule, materials, and continuing education credits, please contact:

Susan Jensen

Program Manager
919.962.0940
Tyler Mulligan
Associate Professor of Public Law and Government and Development Finance Initiative Director