Posts Tagged ‘tax-exempt status’
Why No One Uses ARRA Bonds
June 17th, 2010 | 
Author: 
Over the last six months, I’ve seen numerous marketing packets (mostly from law firms) advertising professional expertise to help owners/developers of real estate to get financing through ARRA bonds. Curiously, in spite of all this marketing, I have yet to hear of a private development project in my local market that successfully secured ARRA bond financing. I think the reason for this is that no matter how savvy you are when it comes to low-cost government subsidized financing, there is simply too much luck involved in issuing ARRA bonds. And as far as I remember, none of the law firms whose marketing packages I’ve seen had “Luck” as an area of expertise.
Posted in Owners & Developers, Politics/Government Programs | 
Tags: American Recovery and Reinvestment act, ARRA Bonds, developers, economic development, Facility Bonds, federal tax obligations, financing, government subsidized financing, green building, permitting, private development, recovery zone bonds, stimulus package, tax-exempt status, U.S. Tax Code, zoning | 
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