Private activity bonds are municipal securities. Proceeds from private activity bonds are used to cover construction costs for qualifying products, including utility facilities, docks and airports, and low-income rental properties.
Developers, nonprofits, manufacturers and other business owners benefit from private activity bonds (PABs). An experienced attorney can assist in understanding minimum qualifications requirements and in following the process for obtaining private activity bonds. Attorneys can serve as counsel for borrowers and issuers, or may serve as bond counsel. Attorneys can also help structure transactions so bond proceeds can be put towards the cost of issuance.
Latest posts by Charles Lotzar (see all)
- Property Tax Abatement vs. Property Tax Exemptions – GPLET - November 12, 2015
- How Often Do I Have to Re-Certify a Tax Credit Tenant’s Household Income? - November 10, 2015
- Can You Restructure Your Business Under the Arizona Entity Restructuring Act - November 5, 2015