Tax Exempt Bonds

Tax exempt bond financing is available where the tenant (or issuer of a direct obligation bond) is a nonprofit tax-exempt organization under Section 501(c)3 of the IRS Tax Code. If the financing is for a leased property, the property must revert to the lessee at the end of the lease term at a nominal price in order to qualify for tax exempt financing.

Loan Underwriting:

Loan Terms:

 

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