Eligibility & Application for Private Activity Bonds
The EIERA may generally issue tax-exempt private activity bonds for:
Facilities for the furnishing of water
Solid waste disposal facilities
Environmental enhancements to hydroelectric generating facilities
Applications for private activity bond financing may be obtained by contacting the EIERA at the number below or accessed here.
Due to the complexity of the tax and securities requirements for this type of financing, potential applicants are strongly urged to retain the services of bond counsel prior to requesting an application.
An application fee of up to $2,500 is due when the application is filed with the EIERA. Additionally, the applicant will be required to pay at least a portion of the EIERA’s attorney’s fees and expenses related to the transaction.