Development Finance Toolbox

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

How do local governments use public-private partnerships for development? What finance tools are available to local governments to 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. The registration fee includes a workshop on Day 1 designed to teach you basics of calculating an estimated return on investment and different ways of thinking about debt and equity, so you can heighten your intuition about worthwhile projects.

Program Topics:

  • Federal financing programs and tax credit financing

  • Public-Private Partnerships for Redevelopment
  • Opportunity Zones and the Local Government Role

  • Local government capital financing

  • Tax increment financing (TIF) and synthetic TIF

  • Business improvement districts

  • Attracting private investment to Main Street

  • Workshop: Fundamentals of Developer Real Estate Financing

    *The workshop (held on the first day of the course) is included in the registration fee. The workshop content is designed specifically to help you learn basics of calculating an estimated return on investment and different ways of thinking about debt and equity, so you can heighten your intuition about worthwhile projects. The workshop lays the foundation for the rest of the course, so attendance is strongly encouraged.

Class Details for 2021: 

This program will take place virtually via Zoom

ZOOM PREP: The link to join the online Zoom sessions will be provided closer to the first day of class. See below to prepare for the Zoom sessions. Doing this will take care of 90 percent of the Zoom instructions and troubleshooting issues. 

  • Click HERE to download Zoom if you don’t yet have it on your computer. Select the download for “Zoom Client for Meetings”.
  • Click HERE to update to the current version of Zoom. This will ensure you have the most up-to-date features to optimize your online learning experience.
  • Be sure you have a Zoom account created.
  • Your computer should be equipped with a microphone to speak, speakers to hear, and a camera.
  • See your IT department if you need help with any of these Zoom items above.

MATERIALS: Instructions to access materials and other related items will be provided closer to the first day of class

CLE, AICP CREDIT: Will be posted once the agenda is finalized 

 

The North Carolina Association of County Commissioners provides cost offsets for county elected officials to attend LELA courses. For information on this discount click here.

Local Government Federal Credit Union offers scholarships to local government employees to apply toward tuition for conferences, classes, and seminars offered by the School of Government. There are four deadlines to submit applications:

  • March 1 (for courses starting between April 1 and June 30)
  • June 1 (for courses starting between July 1 and September 30)
  • September 1 (for courses starting between October 1 and December 31)
  • December 1 (for courses starting between January 1 and March 31)

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.

 

 

 

Total6.00 hrs
CEU14.50 hrs
  • Online
    December 7 - 9, 2021
    View Scholarship Information

    The North Carolina Association of County Commissioners provides cost offsets for county elected officials to attend LELA courses. For information on this discount click here.

    Local Government Federal Credit Union offers scholarships to local government employees to apply toward tuition for conferences, classes, and seminars offered by the School of Government. There are four deadlines to submit applications:

    • March 1 (for courses starting between April 1 and June 30)
    • June 1 (for courses starting between July 1 and September 30)
    • September 1 (for courses starting between October 1 and December 31)
    • December 1 (for courses starting between January 1 and March 31)
    View Cancellation Policy
    Course participants who cancel their registration on or before November 29, 2021 will receive a full refund. No refund will be made for cancellations on or after November 30, 2021, but you will receive a transferrable credit to be used within 12 months. Click here to view the School’s full cancellation and refund policy.
    $360.00
    Registration and payment for this course grants access for a single attendee. In order to register a group of attendees, please register each person individually. If you have questions, please contact our registration office at registration@sog.unc.edu or 919.966.4414.

 

  

An excellent resource is the School of Government text, Introduction to Local Government Finance. Reading the following chapters authored by Norma Houston, Kara Millonzi, and Tyler Mulligan will be helpful to attendees but is not required: Chapters 1, 4, 7, 10, and 14. The 4th edition of the book was released in August 2018 and can be purchased here: Introduction to Local Government Finance, 4th Ed.

2020 Agenda (ONLINE) for Planning purposes. The 2021 Agenda will be posted as soon as it is finalized. 

Access to materials and other related items such as Zoom information will be provided closer to the first day of class.

ZOOM PREP: The link to join the online Zoom sessions will be provided closer to the first day of class. See below to prepare for the Zoom sessions. Doing this will take care of 90 percent of the Zoom instructions and troubleshooting issues. 

  • Click HERE to download Zoom if you don’t yet have it on your computer. Select the download for “Zoom Client for Meetings”.
  • Click HERE to update to the current version of Zoom. This will ensure you have the most up-to-date features to optimize your online learning experience.
  • Be sure you have a Zoom account created.
  • Your computer should be equipped with a microphone to speak, speakers to hear, and a camera.
  • See your IT department if you need help with any of these Zoom items above.
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 Hutchinson

Program Manager, Local and State Government Group
919.966.4171
Robert W. Bradshaw Jr. Distinguished Term Professor of Public Law and Government, and Director, Development Finance Initiative