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 2022: 

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