Participants learn how the programs can be used to finance businesses in their communities. Under-standing their requirements will enable participants to increase their use and availability in their communities. Participants use the program information learned to structure deals for small businesses that combine public and private sector financing programs. The session explains the deal structuring process. This session covers the motivation and requirements of real estate developers.
Communities can influence the development process by providing financial incentives.
Understanding developer requirements for minimizing risk and maximizing return, as well as commercial banks lending requirements, will help participants make informed decisions when providing financial incentives on real estate development projects. Economic Development Financing Programs Financing programs that influence real estate development projects are reviewed, including the U.S. Department of Housing and Urban Development s Community Development Block Grant program and the Section 108 Loan Guarantee program. Other federal, state, and local financing programs are also explored. This session concludes with a real estate development case study, in which participants determine the amount of public assistance needed for the project to move forward. Please make travel plans accordingly.