Sentences with phrase «exempt bond financing»

He specializes in structuring student housing deals that include private, off - campus transactions and public / private partnerships with colleges and universities via both conventional finance and taxable / tax - exempt bond financing.

Ziegler impressed in June, closing over $ 350 million in tax - exempt bond financing for two CCRC clients.

NEW YORK CITY — Pembrook Capital Management LLC (Pembrook), a commercial real estate investment manager that provides financing throughout the capital structure including first mortgages, mezzanine, bridge loans, note financings, and preferred equity for most property types, as well as tax - exempt bond financing for the acquisition, construction and rehabilitation of multifamily housing, announced the closing of a $ 7.5 million preferred equity transaction that will be used to facilitate the construction of Lincoln Park, a Brooklyn, NY development consisting of two Class A, multi-family apartment buildings, totaling 133 units.

Dana Strand Senior Apartments was financed with 4 percent low - income housing tax credits and tax - exempt bond financing made possible by Freddie Mac Credit Enhancement Program.

Expertise in tax - exempt bond financing HUD / FHA Fannie Mae Freddie Mac acquisit...

We have extensive, significant, and longstanding experience representing public agencies and authorities in using tax - exempt bond financing for economic and industrial development, residential rental housing, and not - for - profit organizations in municipalities across the Commonwealth as well as in other New England states.

The city heavily subsidized the effort to rehab the 358 apartments with $ 10 million in taxpayer funds as well as $ 33 million in tax exempt bond financing.

In 2014, Brookfield scored $ 225 million in partially tax - exempt bond financing from the New York State Housing Finance Agency for the 844 - unit Manhattan West rental tower called the Eugene.

Incentives include state and local sales tax exemption, mortgage recording tax exemption, tax exempt bond financing and a real property tax abatement program.

«This tax - exempt bond financing will be key to moving these five projects forward, and I am confident they will have a direct economic impact.»

Funding for the approximately $ 40 million redevelopment project comes from several sources including: New York State Homes and Community Renewal's Housing Finance Agency (HFA) provided $ 20.73 million of tax - exempt bond financing, a $ 5.27 million New Construction Capital Program low interest subsidy; HFA Middle Income Housing Program loan of $ 2.76 million and a 4 percent Low Income Housing Tax Credit annual allocation of just over $ 1 million which leverages nearly $ 10 million of Low Income Housing Tax Credit equity.

Corporate Practice: Business entity formation, venture capital fund formation, start - up representation, contracts, equity & debt financings, EB5 - investment based immigration, venture capital financings, tax exempt bond financings, nonprofit formation & tax exemption, mergers & acquisitions, technology transactions, licensing.

The Tax Exempt Bonds Financing and Portfolio Preservation Program is designed to provide construction and / or permanent debt financing through the sale of tax exempt or taxable bonds and equity financing through the use of the Low Income Housing Tax Credit.

However, a majority (56 %) of the starts are due to several not - for - profit tax exempt bond financings which had been delayed by the frozen credit market for tax exempt bond financing.»

Not exact matches

Last week Thailand acted on similar lines by no longer exempting foreign investors from paying a tax on its bonds, with the Thai finance minister warning of more to come.

The Municipal Securities Rulemaking Board (MSRB) writes investor protection rules and other rules regulating broker - dealers and banks in the United States municipal securities market, including tax - exempt and taxable municipal bonds, municipal notes, and other securities issued by states, cities, and counties or their agencies to help finance public projects or for other public policy purposes.

Such bonds are known as triple tax exempt, and they're a big deal for municipal finance and high tax places like New York and California.

Funding includes financing from NYS Housing Finance Agency tax - exempt tax exempt bonds; HCR subordinate funding of $ 4,375,000 from HFA, $ 2 million through the Homes for Working Families program, $ 250,000 through the Community Investment Fund; $ 10 million Low Income Housing Tax Credit equity; $ 2.5 million State Low Income Housing Tax Credit equity; $ 2.2 million of subordinate funding from Citibank; existing reserves and rental income.

Such bonds function as an alternative to direct public financing of housing projects: Since interest income on PABs is tax exempt, investors are willing to buy them at very low interest rates, and this makes it relatively affordable for states, municipalities, and nonprofits to finance housing (and hospitals, infrastructure, and other public works) through the private capital market.

Miner also asked Katko to make sure any tax reform plan preserves the tax - exempt status of municipal bonds, which helps cities finance their infrastructure projects.

HDC provided $ 25 million in tax - exempt bonds toward construction financing and $ 5.4 million in tax - exempt bonds in permanent financing.

In another apparent dispute between Gov. Andrew Cuomo and NYC Mayor Bill de Blasio, the governor has threatened to cancel funding for federal tax - exempt bonds that would finance the mayor's affordable housing plan.

Brodsky has been pushing for more information about the deal between the City and the Yankees to pursue tax - exempt bonds to finance the new Stadium.

HCR's Housing Finance Agency provided $ 8.3 million through tax exempt bonds, a $ 2.9 million Medicaid Redesign Team loan, and mortgage insurance through the State of New York Mortgage Agency; $ 1.5 million loan from OTDA's Homeless Housing Assistance Program; $ 1 million loan from the Federal Home Loan Bank of New York; about $ 5 million in Low Income Housing Tax Credit equity; $ 1.9 million in estimated New York State Historic Tax Credit equity and about $ 2.9 million in Federal Historic Tax Credit equity.

In another apparent dispute between Gov. Andrew Cuomo and Mayor Bill de Blasio, the governor has threatened to cancel funding for federal tax - exempt bonds that would finance the mayor's affordable housing plan, multiple sources have confirmed.

Mayor Bill de Blasio's administration said it has so far received $ 426 million this year from Gov. Andrew Cuomo's office in tax - exempt bonds used to finance below - market - rate housing.

Charter schools also can tap the tax - exempt municipal - bond market for financing.

Mr. Nida has been very active in the charter school movement in Washington, DC, serving as a board member and treasurer of the Arts and Technology Academy Public Charter School, for which he helped obtain DC Revenue Bond, tax - exempt financing.

Other nonprofit organizations that use the tax - exempt bonds, like hospitals and universities, have many more financing resources than charters, he noted.

The decision to sole source is based on BLX's familiarity with Friendship PCS's existing and expanding bond program and their expertise with the complex, technical and evolving nature of the post-issuance requirements for tax - exempt financing for non-profit issuers and conduit borrowers.

For example, the rule generally will not apply if an individual, while holding tax - exempt bonds, takes out a mortgage to purchase a residence rather than selling the bonds to finance the purchase.

First, financing for the project came through a combination of Low Income Housing Tax Credits and bond issues which are exempt from taxes.

America First Multifamily Investors (ATAX, yield 9.30 %) from Forbes / Lehmann Income Securities Investor America First Multifamily Investors, L.P. (ATAX) was formed for the primary purpose of acquiring a portfolio of federally tax - exempt mortgage revenue bonds that are issued to provide construction and / or permanent financing of residential... Read More

The Albany Housing Authority works to seek multiple sources of funding, including federal funds, tax exempt bonds, tax credits, state financing, and other forms of funding.

A TOB trade is a repackaging of municipal bonds, effectively providing MBIA with leveraged securitized financing of long - term bonds at short - term tax - exempt rates.

Both of these FAME loans are funded with the proceeds of tax - exempt bonds or private financing, and no State monies are allocated to fund the program.

These private education loans are funded with the proceeds from tax - exempt bonds or private financing, and no State monies are allocated to fund the program.

The Liberty Bond program, created in July 2002 by Congress, targeted real estate development in the «Liberty Zone» area with $ 8 billion in tax exempt financing to developers.

The new law will also ban sales of tax - exempt debt for advance refundings, a financing technique that allows issuers to obtain the benefit of lower interest rates when outstanding bonds are not yet redeemable.

The First Time Farmer Finance Program is a tax - exempt bond program that assists first time farmers and ranchers in North Dakota to acquire agricultural property at low interest rates.

It was financed through DASNY's SUNY Dormitory Facilities Program, which issues low - cost tax - exempt bonds supported by student residence hall fees.

Public Finance We consistently rank as one of the leading US bond and underwriters» counsel firms for tax - exempt finance, according to Thomson RFinance We consistently rank as one of the leading US bond and underwriters» counsel firms for tax - exempt finance, according to Thomson Rfinance, according to Thomson Reuters.

Arik focuses his practice on public finance in a variety of capacities, including bond counsel, underwriter's counsel, borrower's counsel and credit enhancer's counsel in connection with the issuance of tax - exempt bonds and taxable obligations.

We are consistently ranked as one of the leading US bond and underwriters» counsel firms for tax - exempt finance by Thomson Reuters.

His experience includes taxable and tax - exempt bond offerings, federally - registered and exempt securities offerings, credit facility transactions, sale or lease - leaseback financings and federally - guaranteed financings.

Darryl is also active in advising clients in connection with tax - exempt municipal bond financings, primarily in the healthcare and educational sectors.

He is the author of numerous articles on tax - exempt bonds, bank holding companies, commodity pools, government - assisted financing, corporate organization, fiduciary duties, and negotiation and tax aspects of mergers and acquisitions.

Paulette's work includes mortgage indentures, secured credit facilities, unsecured bilateral and syndicated credit facilities, direct and agented private placements, government - guaranteed financings, tax - exempt bond transactions, taxable capital market transactions and Clean Renewable Energy Bond (CREBs) transactibond transactions, taxable capital market transactions and Clean Renewable Energy Bond (CREBs) transactiBond (CREBs) transactions.

David Panico, chair of the firm's Public Finance Group and a certified public accountant, has nearly three decades of experience providing clients with guidance on the issuance of tax - exempt and taxable bonds, notes and other debt obligations.

Debt finance (floating and fixed rate, tax exempt, interest rate hedging, mortgage - backed securities, restructuring, and bond securitization) for our occupier clients.