Bond Finance Resources
In its simplest form, a bond is a loan that is issued and sold to the investing public, while the sale’s proceeds are used for project capital. In practice, bond financing is complex and is facilitated by the involvement of an issuer, underwriter, counsel, trustee, ratings agency, and borrower.
Bonds and Borrowing: An Introduction
Vicki Elmer with UC Berkeley begins this paper with some general facts about bonds before moving into a discussion of the decision to borrow. Different types of bonds are described along with the bond issuance process.
Harbor Point Tax Increment Financing Fact & Information Sheet
Harbor Point is a new 3 million square-foot master-planned mixed-use community located on a waterfront site in Baltimore Maryland. The massive project will generate $920M of private investment from $106.9M of TIF bonds to finance necessary public...
How the Tool Works: Qualified Private Activity Bonds
This CDFA "How the Tool Works" profile explains Qualified Private Activity Bonds (PABs), which drive most projects involving both the public and private sector. This informative document provides an overview, different types of PABs, model programs,...
Built by Bonds
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This unique publication from CDFA provides the definitive argument for tax-exempt bond finance, which is a critical tool for American economic development and job creation. Using both qualitative and quantitative analysis, Built by Bonds...