| Part I: Course Introduction |
| 1 |
Course Overview
Definition of Economic Development
Role of Finance in Economic Development |
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| Part II: Business Financing |
| 2 |
Business Finance Needs
Business Financing Instruments |
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| 3 |
Analyzing Finance Needs I: Introduction to Accounting and Financial Statements |
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| 4 |
Analyzing Finance Needs II: Evaluating Firms for Financing, Financial Statement Analysis |
Term project teams and selections are due |
| 5 |
Working Capital Finance |
Crystal Clear Window Company case assignment due |
| 6 |
Fixed Asset Financing |
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| 7 |
Real Estate Financing |
City Plaza case study assignment |
| 8 |
Analyzing Business Financing Needs III |
Phoenix Forge case assignment due |
| Part III: Program Models and Federal Resources |
| 9 |
Introduction to Capital Markets, Capital Market Imperfections and Financing Gaps |
Term project work plan due |
| 10 |
Private Market Interventions I: Guarantees and Credit Enhancement |
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| 11 |
Private Market Interventions II: Community Reinvestment Act, Bank CDCs |
Bank of America CRA case write-up due |
| 12 |
Private Market Interventions III: Community Development Banks, Bank Holding Companies |
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| 13 |
Program Models I: Revolving Loan Funds, Plans for Field Work |
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| 14 |
Program Models II: Venture Capital |
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| 15 |
Project Work Session |
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| 16 |
Program Models III: Community Development Credit Unions, Community Development Loan Funds |
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| 17 |
Program Models IV: Microenterprise Development |
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| 18 |
Federal Programs: SBA Programs, CDFI Fund, HUD 108 Program, Office of Community Services, New Market Tax Credits |
Inner City Supermarket Financing case study write-up due |
| Part IV: Program Management |
| 19 |
Issues in Program Management: Program Planning and Design |
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| 20 |
Issues in Program Management: Marketing and Origination, Underwriting and Structuring Investments, Servicing and Portfolio Management
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| 21 |
Issues in Program Management: Capital Management and Recapitalization |
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| 22 |
Term Project Presentations |
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| 23 |
Term Project Presentations (cont.) |
Manufacturer's Fund Recapitalization case write-up due |
| Part V: Municipal Financing Tools |
| 24 |
Municipal Finance Tools I: Municipal Debt, Industrial Development Bond
Guest Speaker: Tobias Yarmolinski, RBC Dain Rauscher |
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| 25 |
Municipal Finance Tools II: Tax Increment Financing Assessment Districts and BIDS |
Orlando Downtown TIF case study assignment |
| 26 |
Course Conclusion |
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| 27 |
Wrap Up |
Final projects are due today |