The Environmental Improvement and Energy Resources Authority (EIERA) issues taxable and tax-exempt bonds for public or private use to finance qualifying environmental, pollution prevention or energy related projects.
Since 1972, EIERA has assisted communities, organizations and businesses by providing almost $6.2 billion in bond financing, with more than $3.3 billion issued on behalf of private entities. Bonds are issued by EIERA on behalf of the borrower, who is solely responsible for repayment. The process from application to closing is streamlined, and timelier than most state and federal funding programs. Financing may be structured as short-term notes, intermediate or long-term bonds and fixed or variable rates. Learn more using the links below.
Resources
- EIERA Bond Financing Brief
- Private Activity Bond Financing Guidance
- Private Activity Bond Issuance Application
- Private Activity Bond Tax-Exempt Financing Compliance Procedure, Nov. 1, 2012
- Private Activity Bond Allocation Program – Department of Economic Development
- Tax-Exempt Private Activity Bonds General Federal Tax Law Rules – Internal Revenue Service
- Independent Registered Municipal Advisor Disclosure Certificate