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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.



Financing Brownfields with Private Activity Bonds (PABs)
In this webinar, our experts discuss Private Activity Bonds and how they can be used to compliment the redevelopment and cleanup of your brownfield project.
Setting the Stage for Leveraging Resources for Brownfields Revitalization
This guide from the U.S. EPA provides guidance and technical assistance to localities and brownfields practitioners on leveraging resources for brownfields revitalization. This guide explores how communities can prepare to successfully leverage...
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.
Getting to Know EMMA - Intro Guide for State and Local Governments
MSRB released the 'Getting to Know EMMA' fact sheet to help state and local government officials utilize EMMA to better evaluate municipal financing options, comply with disclosure requirements, and communicate with investors.
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
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...
Development Bond Finance Reference Guide
The Development Bond Finance Reference Guide provides practitioners with a solid foundation for understanding the use of tax-exempt bonds, with an emphasis on small issue industrial development bonds and 501(C)(3) bonds. With numerous examples of...
CDFA Recommended Practices: Effective Industrial Development Bond Program Management
As a pillar of the development finance industry, Industrial Development Bond (IDB) programs can drive investment in the manufacturing sector and build the local economy while retaining and creating valuable jobs. However, a successful IDB programs...
Using Tax Increment Financing for Brownfields Redevelopment
TIF has become a mainstream economic development tool over the last several years. However, more recently a connection has been made between brownfields projects and TIF financing. This resources looks at both TIF and brownfields redevelopment,...

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Disclaimer: This publication was developed under Assistance Agreement No. TR-83576801-0 awarded by the U.S. Environmental Protection Agency. It has not been formally reviewed by EPA. The views expressed in this document are solely those of Council of Development Finance Agencies and EPA does not endorse any products or commercial services mentioned in this publication.