Development Finance Toolbox
December 10-11, 2019
School of Government, UNC-Chapel Hill
How do local governments use public-private partnerships and finance tools to stimulate private investment and revitalize Main Street?
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.
· Opportunity Zones and the Local Government Role
· 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 (held on the first morning 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.
Who Should Attend:
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.
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.
Scholarships are also available through the Local Government Federal Credit Union. Application deadline is September 1 and December 1.
See the course registration page for details.
For the course agenda, scholarship information and to register online, visit www.sog.unc.edu/node/1184.
For more information:
Contact Alycia Inserra, Program Management Team Lead, at firstname.lastname@example.org / 919.843.7736