The NFA is ready to assist local governments, non-profit organizations and businesses by promoting economic, cultural and community development, with the financing of economic development and charitable activities throughout the country.
Private Activity Bonds
Tax-exempt bond financing is a proven low-cost method of raising capital. The NFA can provide access to this market for qualified borrowers by acting as the conduit issuer. Eligible costs for a NFA financing may include the purchase of land, project design costs, construction, rehabilitation, improvement, equipment purchase, installation and legal fees.
The following types* of projects are eligible to be financed on a tax-exempt basis through the NFA:
- Affordable Multi-Family and Senior Housing
- Airport Facilities
- Government Sponsored Projects
- Infrastructure Projects
- Manufacturing Facilities & Equipment
- Nonprofit Projects Including:
- Health Care
- Cultural Facilities
- Other Projects
- Pollution Control: Solid Waste, Water, Wastewater Treatment Projects
The NFA can issue taxable bonds to cover costs of issuance on amounts over 2% of the tax-exempt proceeds or for projects that would benefit from accessing the taxable market.
NFA Public, Private, Partnerships (P3)
The multi-trillion-dollar gap in U.S. infrastructure spending has been widely reported and the needs continue to grow. Public, Private, Partnerships (P3) offer many different financing options/models to finance infrastructure across the country. The NFA has the ability to issue taxable and tax-exempt bonds for P3 projects. The NFA is able to own projects and create special purpose entities (SPE) to better protect certain financings.
* NH specific projects must be approved pursuant to RSA 162-I.