Both federal and state governments subsidize borrowing costs for activities that have been determined to provide substantial benefits to the public. This subsidization can occur through the issuance of tax-exempt private activity bonds to be utilized by private entities.
Private activity bonds provide opportunities for developers, business owners, and nonprofit organizations to secure funding for projects that can be both profitable and positive contributions to the community. Private activity bonds also make it possible for manufacturers to finance capital facilities at lower interest rates, providing substantial benefits.
Determining if bond financing or other incentives are available to your business requires an in-depth understanding of regulations related to private activity bonds. The Lotzar Law Firm, P.C. is a nationally-recognized bond counsel in the field of private activity bonds. With decades of experience in public finance, our firm has been recognized for its creativity in structuring bond financing in multiple outlets and we can put our knowledge to work to provide businesses with the financing needed to fulfill their dreams.
Private Activity Bonds Attorneys
Private Activity Bonds were made possible by the Internal Revenue Code of 1986, which provides that tax-exempt bonds can be issued and the proceeds used by private entities. Private activity bonds including Industrial Development Bonds have been used to fund property acquisitions, improvements, reconstructions and constructions for tax-exempt facilities including health care facilities, affordable apartments, solid waste facilities (landfills), non-hazardous liquid waste facilities, small manufacturing facilities and other projects that benefit public interest.
The Private Activity Bonds Attorneys in Lotzar Law Firm, P.C. has represented major clients including The Industrial Development Authority of the City of Tucson, Arizona on hundreds of projects involving private activity bonds. The flexibility of securing tax-exempt financing makes it possible to develop projects, provide long-term financial solutions and fund future capital expenditures where more traditional methods of financing would be unavailable. To benefit from this flexibility and low-interest financing, it is essential to have a legal representative that takes an innovative approach to maximizing the benefits of tax-exempt financing.
Our attorneys have been recognized for the work we’ve done in private activity bonds transactions, and our experience allows us to:
- Serve as borrower’s counsel, issuer’s counsel and bond counsel
- Assist developers in obtaining tax-exempt private activity bonds for affordable housing projects
- Develop comprehensive financing solutions by coupling Private Activity Bonds with Low – Income Housing Tax Credits
- Assist manufacturers in harnessing the benefits of Industrial Development Bonds to finance capital facilities
- Structuring transactions allowing a percentage of the bond proceeds to be used for the cost of issuance
These are just some of the ways in which we have assisted past clients with transactions involving private activity bonds. Based on our recognized position as a leader within the world of private activity bonds, we can provide the legal representation you are looking for.
Contact our Nationally Recognized Bond Counsel in Arizona Today
The Lotzar law Firm, P.C. offers a different kind of legal representation to clients. Our goal is to find affordable and innovative solutions and to assist businesses and investors in a manner that takes into account your company’s long-term needs as well as the entrepreneurial spirit with which your company was founded. We use private activity bonds and other public financing as a tool to help you achieve the things you dream of for your business. Call us today at 480-905-0300 x103 or get in touch using our online contact form to learn more about how our nationally-recognized bond counsel in Arizona can represent you.