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Coates Connection Fall 2013

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Coates Connection SUMMER / FALL 2013 PHOTO BY MARK MALLON School of Government Foundation Board of Directors President J. Edward Kitchen Vice President Jordan Jones, a community and revitalization fellow with DFI, is researching real estate investment funding for proposed projects. Jones is a dual-degree student in the Master of Public Administration and Master of City and Regional Planning programs at UNC-Chapel Hill. Susan Patterson Directors Lee Carter Jr. Curtis Clark Franklin E. Freeman Jr. DFI At a Glance Emily Williamson Gangi S. Ellis Hankins Jimmie B. Hicks Jr. Elizabeth Keever Jeffrey S. Koeze DeWitt F. "Mac" McCarley David F. Thompson Purpose DFI Team Partnering with local governments to attract financial resources for public economic development and redevelopment projects Michael Lemanski, Director, Development Finance Initiative Service area North Carolina Executive Director Michael R. Smith, Dean School of Government field of study Community and Economic Development Secretary Greg Allison, Senior Lecturer in Public Finance and Government Treasurer Bradley G. Volk, Associate Dean for Administration Coates Connection is published twice a year by the School of Government Foundation. The newsletter is also available at www.sog.unc.edu/node/258. To learn more about supporting the projects highlighted in Coates Connection or other work of the School of Government, contact Tatum Isenberger, director of annual giving and stewardship, at tisen@sog.unc.edu or 919.966.4347. Current number of DFI projects 27 History In response to requests from public officials for more assistance with public-private partnerships, School of Government faculty members established the Development Finance Initiative in 2010 with generous support from Local Government Federal Credit Union. DFI's mission is to help build sustainable North Carolina communities. Long-term impact By facilitating a combination of public and private investment, DFI is helping improve the vitality and long-term sustainability of communities across the state. Will Lambe, Director, Community and Economic Development Program Jonathan Morgan, Associate Professor of Public Administration and Government Tyler Mulligan, Assistant Professor of Public Law and Government Marcia Perritt, Project Manager Christy Raulli, Analyst Select DFI Projects Kinston: Assessment of distressed properties along key commercial corridor; creation of property acquisition strategy and financing tools for redevelopment of target areas Waynesville and Haywood County: Predevelopment for historic hospital property, including market analysis, programming, and finance options to  attract private development partner Brevard: Site analysis for locating a large manufacturer; assessment of finance tools to attract private investment into an economically distressed neighborhood Wilmington: Predevelopment for city-owned parking garage, including market analysis, programming, and finance options to attract a private development partner

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